Ann: Change in substantial holding, page-28

I think GXL have a good basic business model with Vet and Pet supply cross pollination. It needs to scale to get the most benefit and that growth can be hard to fund and then control in terms of cost. There has been recognition of this by the CEO recently.
Another player like TPG that can do a big consolidation to get the scale up quickly would probably get the most out of the deal and the recent price weakness would in my opinion be a tempting opportunity.
After a chat with my broker we both thought it was oversold recently so I managed to dilute to average at 5.01 which In the medium term I think is achievable.
If the results are in line with the recent update then I am pretty comfortable holding for some growth and dividend.
If someone take a tilt at he company I am also happy as I don't think many will sell for less than $5.00 any time soon due to recent pain.

All IMHO and you should research with those more qualified than me.