GXY 0.00% $5.28 galaxy resources limited

General: Share Price, Trades and chart related discussions, page-1311

  1. 2,768 Posts.
    lightbulb Created with Sketch. 10
    Dean trades. So one day he'll be all bearish on the stock, and the next singing it's praises. I think he has a long term position also. So did Ravenhaller, but he packed up and left the stock for now to chase others.

    Personally I don't see a massive jump in the near future until Dec delivery. That is 45k only, so yeah a muted jump perhaps? Will show some EPS etc.

    What we do know is this stock, barring any calamities, will be around 50c sometime next year, maybe even Dec.

    Averaging down is if you are late to the party, best if you can buy in low early, or wait for a bottom of some kind and reversal.

    We could benefit from a strong lift in Lithium Carbonate price, and actual delivery.
 
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.