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Short Squeeze, page-57

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trentwilliam

263 Posts.

104

28/08/18

16:37

Post #: 35241542
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Originally posted by trentwilliam ↑

Honestly, what kind of person would still be selling at anything even remotely close to this price? Why

Yes, 280m equates to about 1$ per share, realistically and logically GXY should have comfortably already been at about $4.5 and therefore should now be at $5.5.........but if I know anything at all about the stupidity of the GXY SP I won't be at all surprised if we end up anywhere between $2.5 and $3 after the next day of trading.

Everyone taking about 4, 5, 7, and even 10 or 11 bucks had clearly not been following GXY for too long.
To burn these shorts and to get back to just what is fair and just may need another announcement or 2. Maybe an offtake and Beijing announcing a 2030 deadline for ICEs..... Hahaha just a dream for now though.
Hopefully im wrong... Sentiment does seem to be swinging back a bit for the whole industry lately.

Im in Europe now on a trip and an seeing many many many more EV and charging points than I did a couple years ago here

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Shocking day of trading

GXY Price at posting: $2.93 Sentiment: Buy Disclosure: Held
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