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there are posts on HC saying that since $2.50

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liquid111

378 Posts.

44

10/10/19

19:27

Post #: 40822344
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Originally posted by LithiumGold: ↑

Why would you sell now?

GXY is now the most shorted stock on the ASX, hence the "artifical" downward pressure on the SP.

This shorting is relying on retail holders to sell their shares to help them push down the SP.
If retail share holders all decide not sell as the SP is now at a bargain base level the shorts are now on borrowed time and the game they are playing is very close to the full time siren being heard, and you know what that means the SP will see an aggressive bounce of some 20 to 30% say up to around $1.25 from its current position..........this IMO will happen any day now.

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there are posts on HC saying that since $2.50

GXY Price at posting: 90.5¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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