First stocks! Chose GXY.., page-29

First 29 Last

Share
Profile

Follow
hermans

368 Posts.

18/07/16

15:56

Post #: 18299166
Share

Originally posted by airconditioner ↑

What happens next?

We will continue to get our daily news of the vote count.
This will get us more nervous than a PLS investor and rack up the post count on HC.
Then there will be a slight delay getting the next one. Longer than normal.
Then there will be a trading halt.
Then the merge will be voted through or the DFS will drop.

Then those who sold out to wait it out will buy back in.
Price will spike.
Then the shorts will cover themselves.
Then those who were waiting for this event to invest will buy for the first time.
Then some people will sell the news and profit from the surge and try to get in lower.
Then others will buy - having waiting for that to happen. Price will not go higher.

Then a day or 2 later there will be another trading halt.
Then the merge will be voted through or the DFS will drop.

Then a bunch of bigger investors will buy in having waited for both those things to happen.
Price will spike again.
Then some people will sell the news and profit from the surge.
Then the same bigger investors will buy more - having waited for that to happen.
Price will go higher.

When the smoke clears, Galaxians who had the balls or ovaries to hold through it and/or pick up the bargains will be smiling ear to ear, having done better than the vast majority of those who nervously sold their shares and thought they could time re-entry (along with all the others).

Expand

Not only a genius stock analyst but a champion of free verse as well! Up there with the big Walt Whitman.

GXY Price at posting: 47.0¢ Sentiment: Hold Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

CBA breaks trading record on strong day for Aussie financials

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

SBW

Shekel Brainweigh investor presentation webinar – the future of retail automation

PRU

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

BIT

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

QML

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

OCC

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

LAM

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts

As Nvidia cools, we're looking to Aussie AI

There are more pages in this discussion • 11 more messages in this thread...

First 29 Last

Add GXY (ASX) to my watchlist

First stocks! Chose GXY.., page-29

Top Stories

CBA breaks trading record on strong day for Aussie financials

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

Shekel Brainweigh investor presentation webinar – the future of retail automation

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

Red Mountain Mining: record gold prices, two projects, two greenstone belts

As Nvidia cools, we're looking to Aussie AI

Featured News