GXY 0.00% $5.28 galaxy resources limited

Anybody in the money, page-21

  1. 566 Posts.
    lightbulb Created with Sketch. 36
    Still in the money here aswell. Although only just. And yeah its my biggest holding.

    This seems to happen with galaxy every year. Last year I picked up more shares at 1.85 then it ran up past $4.

    Not too concerned. Shortman shows the company is being shorted hard and the company has never played the reactionary share pumping/marketing game. They just mine lithium and make money. Im betting the shareprice will bounce back strongly the second half of the year again.


    I get more concerned when companies try to boost their share price and spend more time marketing than mining. It usually means they are keeping the price up because they are going to need to do a CR soon. So galaxy saying f### the share price to me says they dont need to do a CR at this stage and are more focused on running the company.
    Last edited by Dvyvan: 08/03/18
 
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