Fair call that i have not updated to Hold, but i have been BUY ever since posting on GXY. Im now sitting on 94k shares from the last 3 trading days.
I believe in watching and reading an enormous amount before committing. I also believe in trading no more than 5 shared at anyone time.
SYR has been on my radar for along long time too. Story is a very similar one to GXY. Shorters have been a over it.
Dropping out of the ASX 200 i believe is a negative for them now, and i gave a good example of AHG where this happened to me. Thankfully they received a takeover offer. Im glad GXY not affected by changes, though based on MC should have always escaped.
GXY Price at posting:
$1.47 Sentiment: Buy Disclosure: Held