I guess the argument is what GXY can do to stem this bleeding. not much in my opinion and it can get worse quickly if they post another poor quarterly. unless we see a possibility of reasonable announcement, slide will continue.
risk mitigation to cash flow by having multiple operating units. if one site develops a problem, other sites provide that necessary buffer. hope it makes sense.
if you are investor then it is as good an entry point as it will be. but if you want to short, there is still some margin imo
no financial advice.
GXY Price at posting:
$1.47 Sentiment: Sell Disclosure: Not Held
