Well, here is some speculation:
Any hostile T/O opportunist and manipulator has learned over the last week how much/little effort is needed to create a panic EOY sales in GXY with no negative news coming from the company but a BS DSO analysis from DB. While I am rock solid in my conviction about the LT performance of GXY, it highlights that there are/were a lot of holders out there who sold first and asked questions laters. maybe this massive shakeout (if over) got rid of a lot of nervous nellies. But I have to say, I was quite amazed at the overreaction we saw. I am speculating that whoever kept his cool down to $1.55 will form a rock solid investor base. Fingers crossed for a reversal. I am assuming a lot have been burned twice or more over the last year of the GXY rollercoaster ride.
GXY Price at posting:
$1.64 Sentiment: Buy Disclosure: Held
