With the Short Positions continuing to rise in a straight line, they clearly want us to believe that there is something in this quarterly that will bring us un-stuck? What though? Any ideas? Certainly not the oversupply BS, because all out Spod is sold out for 5 years! and the pricing locked in for the next 12 months...
What else are they holding out for? If they are looking to cover before the quarterly they had best get a wriggle on, I just don't see that being possible. So my guess is they have their eye on a catalyst that would cause enough mayhem to shake loose all those shares, but even their made up stories don't have that strong an effect? So what can they possibly be thinking?
When you add in that at any time we could see an announcement on SDV, you would think the risk / reward for them at this time is far too low, but the shorts continue to rise?
Takeover bid perhaps? As plausible as any theory at this time I would think.
What else could they be holding their hopes on?
FYI, still not selling, lol.
GXY Price at posting:
$3.09 Sentiment: Buy Disclosure: Held