good question - and I do not pretend to have an answer. Maybe it just indicates that UBS have no clue where this share will go - and / or one hand at UBS not knowing what the other hand is doing? Somebody at UBS might have thought that buying GXL is a good idea (and I think it is possible to make a case for that: outstanding growth rate, promising and future proof industry) and somebody else might have thought that they are still overvalued (you could make a case that they paid too much for their latest acquisition).
GXL Price at posting:
$8.46 Sentiment: Hold Disclosure: Held