I have thought this stock has been manipulated for quite some time and that it is trading far to cheap. I speculate that the chinese will look to buy out galaxy at the cheapest price possible and are manipulating things in order to do so. I am confident GXY will double or treble in price in the near future. Im prepared to hold these shares for 3 years for solid growth year on year. Lithium is now the future and it is upon us. I'm not even convinced by the technology yet it is still what is happening and galaxy is the best prepared to capitalise. This stock reminds me a little of mgx. Was trading around 30-35c for a long time, was bought out by the chinese at 60c and 12-18 months later is up at $2. In the same respect galaxy is now trading at the levels when mgx was at 35c! Time is running out to get in so cheap!
GXY Price at posting:
47.1¢ Sentiment: ST Buy Disclosure: Held