Having bought (old scale) at 43, then 47 and feeling great, to buying today on open at 34.5 to seeing it 31 cents or $1.55 I feel like an absolute idiot.
In true idiot fashion, I will try to buy a few more at these levels if my cash clears in time.
My gut says GXY is a good company that will make good profits for years to come - and potentially super profits. I doubt can stay at these low levels if they keep shipping the order at a 160kt run rate.
I'm hoping this is just a perfect storm of shorters, bad commentary by one source and tax loss selling.
It's either that or we are all absolute fools.
GXY Price at posting:
$1.55 Sentiment: Hold Disclosure: Held
