Broker lowers target?, page-15

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struggler

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19/03/19

11:38

Post #: 37808222
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Originally posted by JustinS007: ↑

Desperation knows no bounds! When you look further into that link (https://m.marketscreener.com/GALAXY-RESOURCES-LIMITED-31342185/consensus/) you can see that one of the 9 brokers has a price target of US$1.26 (AUD$1.77).

Even then the broker isn't named. And yes the mean consensus is U$S2.22 (AUD$3.13). Seriously, why even bother posting tripe like this? Yes, there's plenty of idiots out there, but surely no idiot has the funds to believe this type of diatribe and those with any level of smarts or funds would be doing their own research anyway?

GXY may do well in future. Or not. Regardless, can we please just use these boards to discuss the stock reasonably. Challenge the positives, consider the price swings, maintain an awareness and understanding of the chemistry / geology / physics and science generally, be aware of market trends, competitor behaviour, input and supply costs, government policies and possibly changes, geopolitical influences. They all mean something, clearly.

Brash and unsubstantiated comments or personal views pedaled as fact just make the poster look idiotic. Surely that's embarrassing to them?

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He conveniently failed to mention 8 of the analysts have it as a BUY or OUTPERFORM and the remaining analyst is calling it a HOLD!

Not one single sell or underperform....

GXY Price at posting: $2.01 Sentiment: Buy Disclosure: Held
18 Upvote

1 Great analysis

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