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$5.28 galaxy resources limited

Anyone with good report with GXY management?, page-6

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05/06/17

15:33

Post #: 25104777
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Originally posted by GeForce ↑

I think it is about making money and making the most of it whenever possible.
If the equity is vulnerable to this kind of exploitation (and the majority of them are) they will try to shake it as much as possible to wear it all the way down, load up at the bottom and ramp it up as much possible in the second part. That's the way it is; and when I'm saying "they" I'm referring to everybody; of course the retail investors have less power and tools to do it but we are still happy to load at the bottom and try to keep the momentum going up as much possible.
So, the answer from management would be that's the way it is and it can't be changed; this is happening on all stock exchanges and all markets are/were/will be affected (more or less).

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https://seekingalpha.com/article/3773746-impact-reverse-stock-split
http://www.investopedia.com/terms/r/reversesplit.asp

Hi GeForce,

After reading Luckydog's posts, I came across some good articles on reverse stock splits, and why they may attract some selling / short selling. It's not necessarily indicative of what will happen with Galaxy's share price, however, these articles may explain why some time and patience may be needed.

GXY Price at posting: $2.18 Sentiment: Hold Disclosure: Held
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0 Great analysis

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