GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-6630

  1. 1,299 Posts.
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    The market is bad! I hope to re-enter GXY slowly once it tests the recent low of 1.45. I got out of all stocks recently when I saw ASX got to all time high and the US trade war heated up. I did miss the pop to 1.80 for GXY which would give me a profit. One cannot win it all! I guess GXY was the only I got out with a small loss so that's not too bad. Also, it was end of May where markets tend to enter the worst period of the year. Then I went even further by taking my super out of stocks too. It looks it was a good call. The world markets were spooked last Christmas and then late Jan then went on a rally like there was no end to the bull market.

    I think it will be a chance to enter PLS, ORE and GXY when ASX is taken a lot lower. It is still near all time high right now. It will take a while for the excess to be wiped out and the sentiment is really bearish. When no one wants to buy, that's the time to enter and build a portfolio of stocks.
 
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