GXY 0.00% $5.28 galaxy resources limited

Galaxy... GXY... Chart..., page-4052

  1. 6,222 Posts.
    lightbulb Created with Sketch. 1762
    This is just my theory:
    The big boys have started to accumulate. They don't want it to rise too fast too quick, so they throw out a block/ cap and keep it within a range. This is going to take a bit of time to get the volume they require, so we will see this pattern continue over the next few weeks. The positions should pretty much all be set by the time the AGM rolls around and we will see some big action in the weeks and months after consolidation of shares and announcements are forthcoming on SDV and JB.
    These investors have a totally different perception of time than us market watchers. They work on time scales we can't tolerate (or are not patient enough for) and on average prices that is not affected by a few pips up or down.
    We just need to be smart enough to know when this is happening and ride on their coattails.
    GLTA
 
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