83% are long in GXY and only 17% are short still the long term...

83% are long in GXY and only 17% are short still the long term holders are unable to tame or stop shortsellers from bring the SP down!!! I guess that shows the power or short sellers. Isn't it?

SP went up when POSCO deal was announced 7 months ago and since then SP has come down more than 30% erasing all the gains and more. Not only that shorting was around 11-12% at that time of announcement and now its more than 17%. I still remember AT saying on SkyNews just before the POSCO ann that shorters need to beware but see what happened now!!!

You guys might not sell but there will always be someone out their who is willing to sell quickly to make some bucks and someone who is willing to buy and close his short position. That's how market works. I don't see any short squeeze happening even after GXY make any SDV JV ann or upgrade Mt Cattlin resources. Especially with algorithmic/high frequency trading shortsellers can easily limit the rise in SP of GXY after any announcement. 

DYOR