vicious circle, page-42

Yes, blaming short sellers is a cop out. There are many factors that go into why a share price is falling and short selling is just one of them. A lot of people would have you believe that it's falling 100% because of short sellers, which is utter nonsense.

I don't think it will drop 20% from here. $2 is my fair value, so it's currently around my estimate. Where it goes from here is ultimately in the hands of the company and where the price of lithium goes and what price GXY can get. I'd be looking at low $1.90s as an entry based on support. Whether it gets there or not I don't know. A break below $1.90 and all bets are off.