The bottom fisher who has bid 1.3 million at 17.5 has awakened the GUN market. Only 2 days ago total buyers dropped to about 650k, now back to 2.1 million. Sellers are running away from the bidder, a good sign. Who knows whether the bidder really expects to get GUN so cheaply, or its a dummy bid to shore up the price, either way its working.
Someone "paid up" earlier this week, also a good sign. Maybe GUN is finally getting close ? Hard to believe after so many years, but just maybe the recently hired "top gun" is getting somewhere. Let's all hope so.
I too reckon GUN is worth much more than 45c, but the reality is that any bidder offering the all time top price & double the current price would get enough takers to achieve control, imho.
The bottom fisher who has bid 1.3 million at 17.5 has awakened...
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