ahead after a couple of tough years ( from 3.50 to .40 cents)
I think gxo finally has some exciting things ahead this year and most of the tough behind them
with the 5 recompletes starting this week should have an increase in BPD going forward
oil price is positive
debt is dropped into the 30ies now
tight float with insiders holding 25%
glta next few weeks should tell the tail of where this is going
short postion did not get covered in the last mini run up so they may have to chase
They are under water as of now from my DD looks like these shares were shorted in the 58-62 cent range. at what price do you give in and take your loss to cover .75 - .85 .95 ?
| Date | Number of Shares Shorted | Net Change |
| Dec 31, 2019 | 461,846 | 82,334 |
| Dec 15, 2019 | 379,512 | 4,956 |
| Nov 30, 2019 | 374,556 | -204 |
Last 3 weeks trading totals have averaged .63 cents per share
a few interesting buyers at the top
House Positions for C:GXO from 20191217 to 20200110 | 8 Eight | 366,000 | 226,067 | 0.618 | 0 | | 366,000 | -226,067 |
| 89 Raymond James | 246,193 | 170,460 | 0.692 | 17,021 | 10,730 | 0.63 | 229,172 | -159,730 |
| 1 Anonymous | 324,809 | 197,601 | 0.608 | 230,678 | 146,811 | 0.636 | 94,131 | -50,790 |
| 2 RBC | 521,677 | 341,693 | 0.655 | 493,913 | 318,414 | 0.645 | 27,764 | -23,279 |
| 143 Pershing | 21,700 | 10,924 | 0.503 | 6,041 | 3,751 | 0.621 | 15,659 | -7,173 |
| 13 Instinet | 32,000 | 20,285 | 0.634 | 22,000 | 14,160 | 0.644 | 10,000 | -6,125 |
| 39 Merrill Lynch | 11,149 | 7,490 | 0.672 | 1,707 | 1,141 | 0.668 | 9,442 | -6,349 |
| 88 Credential | 23,900 | 14,882 | 0.623 | 15,300 | 8,583 | 0.561 | 8,600 | -6,299 |
| 59 PI | 2,000 | 1,340 | 0.67 | 0 | | 2,000 | -1,340 |
| 5 Penson | 1,233 | 760 | 0.616 | 400 | 277 | 0.693 | 833 | -483 |
| 28 BBS | 0 | | 200 | 118 | 0.59 | -200 | 118 |
| 22 Fidelity | 0 | | 1,666 | 1,099 | 0.66 | -1,666 | 1,099 |
| 80 National Bank | 8,496 | 4,761 | 0.56 | 10,460 | 6,162 | 0.589 | -1,964 | 1,401 |
| 74 GMP | 0 | | 5,000 | 3,400 | 0.68 | -5,000 | 3,400 |
| 36 Latimer | 29,167 | 17,280 | 0.592 | 35,701 | 19,895 | 0.557 | -6,534 | 2,615 |
| 57 Interactive | 1,430 | 921 | 0.644 | 10,857 | 6,982 | 0.643 | -9,427 | 6,061 |
| 14 ITG | 5,000 | 2,900 | 0.58 | 15,100 | 9,940 | 0.658 | -10,100 | 7,040 |
| 53 Morgan Stanley | 1,750 | 1,132 | 0.647 | 14,250 | 8,737 | 0.613 | -12,500 | 7,605 |
| 19 Desjardins | 12,000 | 7,760 | 0.647 | 37,933 | 23,885 | 0.63 | -25,933 | 16,125 |
| 76 Industrial Alliance | 0 | | 30,000 | 18,450 | 0.615 | -30,000 | 18,450 |
| 124 Questrade | 30,400 | 19,388 | 0.638 | 66,746 | 39,883 | 0.598 | -36,346 | 20,495 |
| 33 Canaccord | 6,500 | 4,590 | 0.706 | 56,399 | 38,613 | 0.685 | -49,899 | 34,023 |
| 9 BMO Nesbitt | 53,720 | 32,575 | 0.606 | 115,040 | 68,586 | 0.596 | -61,320 | 36,011 |
| 65 Goldman | 0 | | 67,170 | 40,302 | 0.60 | -67,170 | 40,302 |
| 7 TD Sec | 41,418 | 23,066 | 0.557 | 147,874 | 92,019 | 0.622 | -106,456 | 68,953 |
| 85 Scotia | 59,685 | 35,597 | 0.596 | 201,292 | 113,598 | 0.564 | -141,607 | 78,001 |
| 79 CIBC | 146,954 | 83,141 | 0.566 | 344,433 | 229,066 | 0.665 | -197,479 | 145,925 |
| TOTAL | 1,947,181 | 1,224,613 | 0.629 | 1,947,181 | 1,224,602 | 0.629 | 0 | -11 |