GXY 0.00% $5.28 galaxy resources limited

Well I compare GXY with another hot stock I used to own and that...

  1. 252 Posts.
    lightbulb Created with Sketch. 4
    Well I compare GXY with another hot stock I used to own and that is the organic milk twins A2M and Bellamy's BAL.....you see its the stocks that are own by people like you and me and moms and pops that are being " attacked" by the funds because they simply have the power to do so.....

    For now Bellamy's is being given valuations by some brokers at $20......based on current forward sales projections ...yet the stock finds it hard to stay above $15/- ......it is one of the most heavily shorted on the ASX.....so same with GXY......there are so many shares out there its easy for some bigger players to manipulate........and until there is a material event like shipments moving smoothly and some market hype on lithium the shares may be shorted every time they move above the range ......it will take time and patience to see re ratings in my view but I believe in the lithium story and the uberisation of oil......so I hold
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.