GXY 0.00% $5.28 galaxy resources limited

Yes GCar you are right.... I probably should be selling. I am...

  1. 577 Posts.
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    Yes GCar you are right.... I probably should be selling. I am one of the poor buggers that bought some of my GXY at a much higher price and I hate locking in losses. It is a psychological problem I have and it has not served me well over my investing career. So, I have taken the easy "stick them in the bottom drawer" attitude to GXY. But, alternatively, I am certainly not prepared to throw more money into GXY at least until I can see evidence of a rise in the "lithium" price and even then I am more inclined to add exposure to the lithium sector via the big boys eg.ALB SQM or Livent that are able to produce battery grade product as well as other things, have well established supply relationships and whose SP is more likely to benefit initially from any uptick in lithium prices.


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