So, asb83....what does that stand for? Might give me insight into who the f you are!I don't say much on HC, but am a trader for many, many years. Held my own, but only really lucrative in the last 5 or 6 years. I've learn't my lessons with many wins and losses and I see many green and baitable people on this forum which you tap in to. Don't really like that.
I actually gave you some credibility not long ago. I wanted to see where the SP would go (and now proven) from inside you shorter's heads because I don't short, but here we are at the price we are (some other factors in your favour though). Not a fan due to the fact that I like companies to do well because....well....they are f...ing good companies!!
So now, you have let me down with this lame substantiation of your view and valuation of GXY. You shouldn't have opened your mouth on this one, but Thesi drew you in to it....awesome work Thesi! Love the...cough...innocent coaxing.
I have been involved with Galaxy for more than 8 years and bailed totally (44c) well before they bottomed at 2c or there abouts before buying back into the future of the world with one of the BEST lithium plays on the market.
There was an excellent post by WayTooLong a while ago....saying basically: shorted, because GXY can take it. Why? Because the company is so strong....such good management....such good resources....such good prospects....and in the next few days, such a great balance sheet....and more to come!
I am of the view that we are on the cusp of a massive global crash which may happen tomorrow, months, or definitely before the end of 2019. People are just seriously starting to talk about it more in the last week or so and I've been waiting for the last few years. Thing is, in times like that, good companies come out the other side and if GXY drop more, then you and new investors can buy loads. How did Warren Buffet make a Sheet load of money?
So, I am long on Galaxy till 2021 to 2023 at least and some for my kids beyond. That doesn't mean I won't sell some for profit in the near term or haven't already, but I am confident.
For all you whingers here though, it is sector wide atm and we may be worse off marginally, but we will shine brighter than most!
BTW $2.20 in Jan is not my prediction. All things being equal and no mega crash, GXY will put out an excellent next quarter and money in the bank....yada, yada, yada and be possibly towards $4.00. If the world goes to sh.t, then you could cut that by whatever. Shrug!
All in my opinion ....and good luck to all. A quick buck is timing......and.....don't bet, buy, lay out what you can't afford to lose, live without or put you in hardship.....not in this game!
