GXY 0.00% $5.28 galaxy resources limited

Conf Call (Long positions only), page-69

  1. 3,008 Posts.
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    @asb83 really backed down there, not even a reply to share his calculation. one can only assume there are no calculations to share? infact that seems like a common theme on all the shorters here. No calcs, just misinformation... 

    Personally, i am very disappointed. I have numerous short positions open across AU,HK,FTSE,US. Shorting is not the easiest and i would have love to see some calculations.

    All he/she has is a reduction in broker target which still puts us significantly the money. Not a real reason to short...

    Admittedly i sometimes wonder if we are too rosy on GXY as after all the shareprice is lower now than before. After all the market is always right (albiet in the long-run). But looking at this thing, even the worse case inputs shows the Market has it wrong in the short-term. Manipulation is part of the game and i am happy to be betting against the manipulation.. shorters, please share some sort of investment rationale apart from misinformation

 
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