Conspiracy theory warning: I'm not in the know about the motivations behind the insto's trading patterns, but it occurs to me that they may be deliberately making GXY look like a completely toxic stock to hold. Absolutely crazy swings, both up and down, on no news is conveying to the average punter this is a no-go zone. And my guess on why they do this - to get more shares from retail's hands into their own.
Would love to see a chart showing SP and retail percentage held.
GXY Price at posting:
$3.98 Sentiment: Buy Disclosure: Held