Q: Hello 5I team: Caught between a rock and a hard place with this one Feel I should have know better than to hang on so long.Now at 34$ am down 70% .So if I sell their will not be much capital left to make up for this loss any time soon.Do you feel this company will come back and a hold makes any sense in this context. Thanks Larry
5i Research Answer:
GSY is not without potential and could be a takeover target. But risks are higher, even at lower prices. The company is in survival mode we believe. Any recovery may take some time, and we would not own JUST for a takeover possibility. We would still be more comfortable exiting, unless one has a long time frame and a high risk tolerance.