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$5.28 galaxy resources limited

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momo_lol

2,110 Posts.

396

01/02/17

23:32

Post #: 22303946
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Originally posted by sachz ↑

interesting view on our shorts, we're back to 56m shorts open which is the same as we had 3 months back when the SP was circa 30c and before the run-up that started early Dec and thru into mid-Jan.

we had 72m shorts less than 2 weeks ago but they seem to have covered themselves, back to the level we have today.

what this means for GXY's future SP movements, nobody knows, but we're still a $1B company and no other pure-play lithium on the ASX can make that same claim, period.

play the next few days either way, SP dips and buy on the dips, SP rises and cheer it on. but whatever u do try not to get itchy fingers or u'll miss out on profits. this strategy worked over the past 6 months and most who did this doubled their averages soon after.

GLTAH and future-H's

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I have been topping up so much lately lol got 3month free trades with nabtrade running low with moolah and time to sit on the sideline and watch it to take off from now. I don't think we will be in red much longer, sit tight and duck down as there always turbulence during the long journey ahead

GXY Price at posting: 59.0¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

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