Dear JP Morgan, page-26

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HenryEmmett

322 Posts.

09/05/17

16:56

Post #: 24575472
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Originally posted by airconditioner ↑

Hi JP,

So you have 13% of Galaxy. Good stuff.
That means you have a lazy 240m shares in this company.
You're probably down around $50m from the peak.
That must hurt a little.

How 'bout helping yourself and this little company out a little?
We're producing now in case you haven't heard. Just about to ship.
Very good time to wake up and smell the coffee.

All you gotta do is say find $10 or 20m bucks. You probably even have it in the coffee jar.
Plus you have those big USDs and we only cost these little dinky AUDs.

First you gotta line wipe 36c. Lay 1m buys behind you.
Then do it again. Then again. Don't wait too long and don't do it too fast.
Just nice and steady. Enough time to go to the bath room in between sort of thing.
Maybe slower would work too, over a couple of days.
We're pretty sleepy here in Australia - and you got to give us time to notice it happening.

Do it about 6-8 times.
Save a few bucks for the profit-takers. Wipe them too.
Then pull a few of those buy lines up that are wasted down low and stick them at 40c.
Then watch 58m short trades panic and drive it through the 40s.

Voila.
50c.
I just made you $40m bucks plus whatever you've picked up and traded on the way.
Then watch retail wake up and smash the all time high.

We'd all be happy if you then offloaded 10m shares or so in the 40s
and then another 10m in the 50s
and kept the rest.

How 'bout that plan?
Best timing I reckon would be to do it in December,
but any time from tomorrow is fine with me.

Oh. And this isn't financial advice JP.
You probably got a few guys who know more about it than I do.
Just a little reminder that it wouldn't take much to lift this off.

Expand

JP Morgan aren't the underlying shareholder. They are a nominee company and are likely holding the shares for a large number of clients. Thus JP haven't lost money, the clients of JP Morgan Nominees have. And no, these clients aren't advised by JP, JP are simply holding shares for clients, nothing more nothing less.

GXY Price at posting: 47.5¢ Sentiment: None Disclosure: Not Held
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Dear JP Morgan, page-26

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