RE:The late buying here goes both ways ..JT, GXE's short position was up over 660% as at July 31. That is an astronomical number. Sentiment was definitely negative. These large end of day buys are very encouraging - it could be shorts covering, it could be EN buying, it could be, in part, GXE buybacks, it could be a fund taking a position or it could be the initial steps taken by an entity looking to buyout Gear. Regardless, whoever it is has deep pockets.
I wonder, will we continue to see the same large buys once GXE goes ex-dividend?