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This is just total BS. If it doesn't bounce tomorrow it...

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PedroG07

404 Posts.

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09/02/17

22:45

Post #: 22502645
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Originally posted by Michael Angelo ↑

I am certainly no expert in share trading, but I have been with GXY for 5 years and I have ridden it up and down. have made a bit of money on the way also, I think tomorrow will be a very telling day for GXY. Currently the buyers have dried up to a point they are out numbered 2:1 from sellers. Since Jan 16 GXY has been on a downtrend and with what has transpired over the last few days with the CR and the continual slide down, it is no wonder that the shorters are lining up to hit this with all they have got. I don't think there are enough long term holders to stop this current slide. I will certainly see how tomorrow pans out and decide whether to buy some more or hold off until it goes lower, I certainly wont be bailing out. So many people state on here buy the lows sell the highs. well this is time to buy. The only decision is what price to buy at. I have no doubt the fundamentals are very sound with GXY but that accounts for nothing in the current ambush on GXY. When it stops who knows but I feel it will take some sort of positive announcement to pull the downtrend up.
It is disappointing to see this happening to such a great company but that is share trading.
here is hoping for a turn of fortunes.

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This is just total BS. If it doesn't bounce tomorrow it certainly will in the next 1-4 weeks. Anyone not buying at these prices in the current climate is just mad. This is a traders dream at the moment. Did you buy KDR at 44c recently? Easy money. If I was trading and not just holding long on this stock I would be buying big tomorrow with an expectation of a 20% return in under 3 months.

GXY Price at posting: 55.0¢ Sentiment: Buy Disclosure: Held
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