If you consider buying in the lower part of a well-established long-term uptrend as dangerous, then good luck to you. ESPECIALLY in a profit making, growing company in a sector that is about to experience a brutal expansion in terms of product availability and consumer demand.
Exponential demand growth will catch many off guard. Yourself included by the looks of it.
Good luck.
IMO buying now or last month or last year at any of the prices we've see here, will be considered a good move in a few years' time. Coulda woulda shoulda picked the bottom... Yeah all good in hindsight. Won't matter long term imo.
DYOR
GXY Price at posting:
$2.58 Sentiment: Buy Disclosure: Held