Q: Hi,
I'm wondering what's up with GSY lately - or should I say down? It had a good jump in Feb and now is threatening to drop below that. Are you aware of anything of concern that is driving shareholders to sell? As always, I look forward to your opinion!
Thanks,
Dawn
I'm wondering what's up with GSY lately - or should I say down? It had a good jump in Feb and now is threatening to drop below that. Are you aware of anything of concern that is driving shareholders to sell? As always, I look forward to your opinion!
Thanks,
Dawn
5i Research Answer:
A tiny US consumer finance company (CUROQ) has gottem themselves into financial trouble, and this may have worried some GSY investors. But we would not see it as significant in any way to GSY. There has been no other company news in more than a month and we can't pinpoint any particular reason for weakness. It is flat on the year now, but up 52% over 52-weeks.