GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-3736

  1. 734 Posts.
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    I'm a bit bored actually so I'm going to post my thoughts on this whole shorting affair, love to get input from others.

    My opinion is that the shorters are the same as the instos that are lending their shares. So they lend to themselves through jpm and ms or whatever mechanism they can to make it appear that it's a third party "borrowing" and shorting gxy.

    This undermines the sp and sends the sp down. There is no risk on a squeeze as it's the same entity/entities that own/borrow the shares.

    While this is all orchestrated and going on retail is being squeezed and played as absolute fools and the weak hands and margin calls fuel the shorters. They want your shares!

    The lenders/borrowers(ones in the same) know they can't cover and for the sp to remain where it is but they don't care....why? Because when they have had their fill they will cover and drive the sp through the roof... in which case they make their money again on their long positions. As I see it it's a win win for instos and retail has to go along for the ride. Quite a clever scenario.

    These people couldnt give two hoots about retail and as I see it they are in for the long term that's why they are manipulating this sp ATM. They know where this will be in 3-5 years time.

    All just my opinion but I haven't heard this angle mentioned previously.

    On a side note great to see activity happening at sdv

    On a double side note one just needs to look at lpd to see what kind of bounce can happen in a week on an undervalued stock when great news comes in. Don't underestimate the powerhouse that gxy is. I personally think there's heaps going on in the background.

    Good luck to all retail
 
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