I am still holding this baby, yep i am now down 24% (cost base is $1.12) but at the end of the day you need to ask yourself why did u invest / trade in it?
I generally believe in the lithium story and believe this vertical integration will pay off. I am going to ring out a few online brokers tomorrow and ask them how many or what % of clients have been selling gxy due to margin calls.
This will be interesting, also for all those technical analysts out there. The RSI is at 20 which indicate oversold. So you could buy tomorrow get a relief rally and then dump
So you would think the longs will be in this one tomorrow no matter what happens in overseas markets.
GXY All The Way!
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