Buggers have been doing it for 100 years, they know what to do to make, Investor type A, B, C ........... sell their load. Unlike thedean I can see a mini turn around ($ 3.50) after trumpism loses the majority in the mid term elections on Nov 6th. He has been helping his buddies screw with this sector since being voted in. (we are now back to the same share price when he was elected) The wealthy Chinese are also riding off his back. The next US general election is Nov 2020 (thedeans projected turn around)
The oil/gas companies already have a dwindling supply model with Norway, with the devastating loss of market share that is upon them as EV's penetrate deeper, have them doing what they do, plunder the sector responsible, renewables, with their banking buddies, playing the long game, ramping down the sector in response to the hedge funds nonsense analyst reports. Also, Opioids are non addictive if you missed that.
We need our super funds to take a stand/risk like Australian Super has done with a 14% share in SYR. (hasn't helped their share price atm though ) They have dumped their stock pickers and brought it in-house. Ausbil (New York life) is not based in Australia and GXY will suffer until these type of stock market demi gods have had there fill as Facthunter has posted. It is a bit of a laugh atm, when they load the buy side up, you know they are going to push the SP down.
I am lucky enough to able manage my holdings for as long as it takes, just shits me, having to work a couple of months of the year until this sector turns around.
GLTA, Don't let the hedge funds bite!
- Forums
- ASX - By Stock
- GXY
- Galaxy Weighing Up Partnership Options
Galaxy Weighing Up Partnership Options, page-162
-
- There are more pages in this discussion • 77 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online