GXY 0.00% $5.28 galaxy resources limited

gotta keep the price at $1.25 no matter what., page-25

  1. 1,335 Posts.
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    Love the pillow talk.

    I do agree with mitta3 about 1.60 being a ways off. I didn't nominate that amount in our bet, incidentally, lynx. I just said that it won't fall below $1 ever again.

    Just to remind all interested parties, here's your post:

    "Yes I am, but my estimate will probably be closer to 80c than 60c-----assuming of course that I am right in the first place.
    My formula is 76/181 x $2.20 (+ or - 20%) for market factors or 92.37c (+ or - 20%).(97c was recently hit intraday).
    If the market is very strong,then up to $1.10.
    If the market is fairly neutral,then around 90c to 93c.
    I'm expecting a slightly negative market,so 74c to 80c.
    My time frame is within 30 days AFTER the 31 M shares have ACTUALLY been added to issued capital by GXY(ie issued capital of 181 M shares)-- currently expected in early May 2010 ( GXY has today announced that they expect to receive payment for those shares in early April 2010).
    That is the basis for my current SP prediction."
 
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