GXY 0.00% $5.28 galaxy resources limited

Galaxy... GXY... Chart..., page-3561

  1. 1,628 Posts.
    lightbulb Created with Sketch. 640
    Yep, they were hiding from lawsuit by orchestrating their attack from the US. What worries me is that this article is more like a promotion for followers of this kind of scheme. In my books there is nothing positive about shorting. It has the aim of destroying company value, meaning somebodies job is at stake. The shorters pay only a fee for borrowing the stock and hence don't have the same financial outlay as the buyer. How is that fair? You never read about this inequality. Most investors with margin loans are unaware that their shares are lent for shorting, unless you place a sell order for your holding.
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.