That makes no sense at all. J.P. Morgan is on the Major Shareholder List for Galaxy shares and it's on record that JP is transferring to MS. The other crucial-point here is beyond any doubt..this same JP Morgan collecting a rental-fee from M.S. is in 'behind our closed doors' with access to our sensitive confidential company info, collecting fees from our company..pretending to have a focus on maximizing our shareholder value..while helping Morgan Stanley to trash it..We are paying these creeps from our company cash ! The last thing we need is apologists & sympathizers/fans of these parasites who rig our markets. Sad to see Yanlin wave the white-flag but I hope it's a profitable out & back in. However there is NO WAY i would sell GXY shares at this sewer-level..guaranteed to be selling to Morgan Stanley after they snuffed-out our $3 + run following confirmation of our POSCO deal. This is why they say "Bulls make money, Bears make money & pigs get slaughtered". Getting caught in the middle is unthinkable to me..Does anybody really think GXY will still be under $3 next year ? We'll probably sell a chunk of James Bay for a few hundred million $ next..just after GXY directors pay low $2's after POSCO completion. Let's pin them down & enjoy the squeeze..Selling now is unthinkable
GXY Price at posting:
$2.64 Sentiment: Hold Disclosure: Held