if you want to see shorters in action have a look at Bellamy, was in the red 2%, then ran green to 7% plus then pulled back to 1% and back up to 4% at close. All this in Approx. three hour window. I’m not cross promoting just illustrating a point. I lost a shit load of money on Bellamy 9 months ago when the price was driven down from $17 plus to $10. I got back in around & $7 and it’s now at $11 because shorters are getting squeezed.
now to my point I have had an indentical bad run with galaxy, it has run me down from $3.50 to $2.50 ans I sold out but got back in recently at $1.98 a price i never thought I’d see. Something tells me this is the bottom and it’s up and up from here. Going lower would be absurd and absolutely criminal.
dyor
moral of the story is in my oppinion the same rise that played out with Bellamy will occur here once sentiment changes
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