GXY 0.00% $5.28 galaxy resources limited

Galaxy is an outstanding buy after recent fall, page-3

  1. 1,202 Posts.
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    I hope but I think the market has some scepticism towards seekingalpha, as some view them as a pump and dump website. I do believe though the SP will be determined by valuation methods that Mr. Bohlsen mentions but the big bank influence, i.e. Mac Report, is going to hold down SP. Its interesting to note that Goldman, Morgan Stanley have said very little about Galaxy. Morgan Stanley has the most incentive though for positive forecasts since they are the substantial holder of GXY stock but they haven't said much publicly other than a possible ASX 200 inclusion.

    It's a wait and see type deal.
 
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Currently unlisted public company.

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