GXY 0.00% $5.28 galaxy resources limited

Chart, page-262

  1. 4,558 Posts.
    lightbulb Created with Sketch. 530
    There are only 2 possibilities here:

    A- DB report is correct. MIN will destroy Lithium prices, GXY SP will keep sinking. Assets that are worth something will be taken at TO for peanuts. Everyone will lose 90% + of their investment

    B- DB report is BS. Shorts will make their money.
    Instos will vacuum up all the retail shares they can shake out. And then release the pressure on SP.
    Thus this being just climax of normal 6 months period, for just about every company. That goes to full production. After which full value is realised

    You decide for yourself which one it is.

    P.s. management cannot help you. They can never do anything when it's the B option playing out.

    P.s. I am not LT holder. Just trader. For clarification
 
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