The cause is the question. But that is one we Longs had figured out quite a while ago.
Bears? I doubt it. Shorts though? sure. That's why they now sit over 17%.
We will see tomorrows short activity levels and await our largest holders reducing their holdings... that will determine who is right.
See I expected the gap to close. Been saying it for ages and waiting down here to buy more.
BUT, I am not selling because nothing imo has changed. SDV is still funded, it is still 100% ours. We still have half out market cap in cash! We will have the lowest cost Lithium product, highest quality too. So we will make profit at SDV even when no-one else is!
Insto's aren't selling down their holdings, but for some reason they expect a fear campaign and high shorting will make us? Why would it? I is a buy signal for me. I love buying fear.
GXY Price at posting:
$2.20 Sentiment: Buy Disclosure: Held