GLN 0.00% 12.5¢ galan lithium limited

Compelling opportunity, page-3444

  1. 5,843 Posts.
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    Many comments lamenting the fact that despite today's stellar announcement, GLN share price has not soared.
    Some observations.
    1. The share market is a scary place at the moment, lots of spooky macro-economic events and bogeymen. People are right to be cautious. If this announcement had been dropped in better times - price would have popped well in to the $2.00 range.
    2. Soaring share prices are mostly a retail phenomenon. Like the OB1 scene from the first Star Wars" "The Sand people are easily startled. But, they will be back and in greater numbers."
    3. GLN is hard for the garden variety investor to fathom. Many misinterpret the lack of loud suit strutting and no publicity megaphone. The numbers are difficult for the financially illiterate.
    4. GLN almost always takes 21 days to fully react to positive announcements.
    5. There is a lot of manipulation and accumulation going on - has been for months. Nobody kicks a dead dog.
    6. Let's not forget the price was 14 cents 12 months ago.
    7. This is a stock for students of fundamental analysis and the capacity to sit and wait.

    https://hotcopper.com.au/data/attachments/3879/3879290-04c6d1f33acc9b80b0422f374143ca29.jpg

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    And if you believe me - you will believe anything.

 
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