GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-17483

  1. 1,397 Posts.
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    My post from August 8th is below. Where has Mr "fair valuation gone" or Mr "buy recommendation" or Mr "i wont pay 80c, I will wait for ("confirmation") and pay $3" Good idea we need buyers at $3 and at $20. Or Mr "dont catch the falling knife" That's actually what you need to do "catch the falling knife" but hard to accept the concept of this....for some. 5 years from now, 2 massive mines up and running and this is a blue chip stock. Lithium demand here to stay. good luck all.


    You know whats risky business? This stock has been manipulated to 70c -$1Then when the share price runs to $1.27 this “ valuation is far too high”so in plain english because this stock was manipulated to 70c YOU think that is current value? Or “fair” value so if this stock was manipulated down to $2 ONLY and then increased to $2.50 then this would become an “over valued share price”. So you allow manipulation/shorters dictate what “fair” value is in your mind? If manipulation is how you justify a share price thats fine, but you will miss the boat and get shafted. sentiment is a powerful thing and returns before lithium markets increase.The manipulation actually does the opposite. Fair value is actually $2.50 in my opinion. And now you will see what may happen to the share price that will prove this.The idea is to buy when sentiment is down and when there is to much lithium.no point buying when there is not enough lithium. The share price is increasing because we are going back to “fair value”
 
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