I guess GXY is at a point where either brokers will be proven wrong with their valuation and SP targets if SP still keeps going down from here or shorters will be proven wrong big time if SP keeps rising from this level.
Personally I feel all the bad news are behind for GXY (and reflected in current SP) and risk from here on is very minimal and so I can see upside for SP if management doesn't screw up.
Its a big risk if starting to short at this level. Wise move would be to come out if possible.
DYOR
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- What is behind our Galaxy's falling share price?
What is behind our Galaxy's falling share price?, page-780
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