Share
2,765 Posts.
lightbulb Created with Sketch. 513
clock Created with Sketch.
23/04/17
20:33
Share
Originally posted by vmp
↑
If you listen to LT holders, generally it's a good to buy, the SP is much lower than the 70 cents we had in January on the back of our first shipment. Gxy is expected to continue to improve its production volumes and its growth trajectory. And if you're looking to invest for a few years, the growth target is more than 3 x our production volumes now,,and if lithium prices continue to be bullish even one's modest investment can be rewarded nicely.
If you believe in certain posters who seem to want the SP to go down so they can have another lower re-entry, then current price is too high. They will use all sort of tactics to achieve their goal, and at times their prediction comes true as they're assisted by shorters. These ones are usually here for a quick gain of 5-10%. They buy and sell it almost every day, sometimes in a space of a few minutes.
Connacord values gxy at 70 cents, and Macquarie at 40 cents.
My opinion is that Gxy is a good sexy buy right now. But don't buy or sell based on my opinion as I might get blamed some day. I heard some say he recommended a stock to a few friends who disliked him because they lost money, and even those who made money, they still disliked him because he didn't convince them to buy enough.
Cheers
Expand
"Connacord values gxy at 70 cents"
I read that only this evening.
Cannacord re rate GXY target price $0.75 to $0.70
Marginally better than the 42-43c on offer I would have thought.
Count me in.