Very good observation Rupful. It has been a very long and draining 12 months and it is taking its toll!
But everything that you are witnessing: long term locals posters turning on eachother, others admitting the 3 musketeers have got to them and have sold out, calls for the board to resign, all point to one thing, its probably a good time to buy!
The shorts strategy is to wear us down to the depths of despair so as to pick off the last of the loyal believers. If the mood around here is anything to go buy, we are here already. The 3 musketeers have stopped posting for now. They don't need to with some of the stuff that has been posted lately! They have the longs doing their job for them which ironically is helping the ones that are so despised! Its probably not helping the share price go up either. You can argue that one person's HC posts can't move the market. I would argue that a group of previously loyal HC posters posting negative comments can.
But it is also around this point when everyone feels at rock bottom that the market turns.
Rupfel, you have made the call that it's over. I hope you are right!
GXY Price at posting:
$2.22 Sentiment: Buy Disclosure: Held
