This would have to be a 5-year low or there abouts by now?
I'm surprised shorts reduced their position since the start of the year, and the share price still lost about 15-20% in that time when you'd think closing out their positions would have acted as some sort of support. Can only imagine they'd have a reason to sustain the pressure now.
Interested in taking a position ahead of any potential bounce, but not yet. Good luck holders.
GXL Price at posting:
$4.26 Sentiment: None Disclosure: Not Held