Simple, our large shareholders wanted to make a small income and rented 16 percent of the stock out to shorters.
Until the shorters are finished or the shareholders want the stock back we are at their mercy.
The only thing that will break this momentum is a really good JV on SDV or an announcement of a share buyback of
$50-100m on market.
Twenty solid days buying by management would get us up into the mid $3 at least.
Hopefully, by late Jan both will be announced.
Just my opinion!
GXY Price at posting:
$2.13 Sentiment: Buy Disclosure: Held
