shorters only did it on mass when the shorters know something we don’t. these guys would go to the plants/mines and do a lot of homework before risking 1 cent.
They would talk to the workers and management.
But Personally I believe they have had there fun, with this unexpected bonus of a good SP drop. I think now is the time for the shorters to cover slowly as to not cause a run on the SP when buying the shares back.
GXY Price at posting:
$1.55 Sentiment: Buy Disclosure: Held