Even with the rise of the SP over the last 5 days I am not yet convinced that there is any indication of a trend reversal in GXY !
The SP is still trading within a established downtrend within tight parameters...
Still one of the most shorted stocks !
BUT...
There will be a reversal of trend in Galaxy's fortunes !
The fundamentals almost demand that !
The question is when ?
This is also one of the most discussed stocks on HotCopper !
...and from reading the great analysis from definitely very savvy and intelligent posters in the GXY threads !
Definitely one of the stocks to watch !
Now where is the SP base in this current cycle ??
That is THE question...
Isn't it !
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Even with the rise of the SP over the last 5 days I am not yet...
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