interesting times ahead, markets are primed to correct and i...

interesting times ahead, markets are primed to correct and i expect next week to be quite a bad week for long positions. Holding the bulk in short positions so i cant say i am not looking forward to some reality repricing on alot of stock except for GXY. I think we may see some high 80's but predominately I feel it hold the 1.90's given the cash backing. This therefore will really test and prove that the current share price is a very strong floor for the share price.

Therefore, in a downturn GXY is as good as holding gold!

Hang in there retail holders, its going to get turbulent and no doubt the shorters will say they said so, but really this is about markets realizing global growth is slowing and therefore fed interest rate cuts arent as great as they sound.. Nothing to do with shorting a high-quality stock that can sky rocket on even the slighted announcement... On that note, the JV has to be close or at least a decision for SDV even if its going solo. GXY cannot just sit on cash forever. Any announcement on SDV will force the pricing of it into valuation and therefore the shareprice will jump to a new "reality"

IMO - $5 by June

Dyor