I certainly don't understand why the shorts are increasing now.
They were dead right From Jan 2018 til Sept 2019.
Opening new shorts now seems bizzare.
12m New Shorts alone were opened at $1.46. To me thats the start of "feel the heat" territory for the oldie SHORTS, but the new comers must be banking on GXY going broke.
My current Avg price is $1.24 and im pretty comfortable there, plus i banked a bit of coin in the last run up.
I would be more than happy with one more dip into the 90s if i'm honest. If they hit 20% then fine by me.
GXY Price at posting:
$1.09 Sentiment: Hold Disclosure: Held