GXY 0.00% $5.28 galaxy resources limited

6 months of SP manipulation, and shorting, and very evident over...

  1. 2,768 Posts.
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    6 months of SP manipulation, and shorting, and very evident over the past two plus months of holding the SP down at all cost. We are not far off May 27th's share price of 40c, 3 months ago, despite all the amazing progress and good news GXY has achieved.

    Then an Australian finance institute involving silver donuts is allowed to send out factually incorrect information (unopposed) to the markets presented as fact to further erode SP at a sensitive time for the stock.

    I don't think it's all due to merger. If you want a TO, you want to keep the SP down, so your offer can be low-ball. I hope this is NOT the case when GXY finally merges. It's much nicer to offer say 70c to panicked investors than $1 or $2. Even worth a few million in price suppression tactics to make sure that happens... spend a few million to make 50+, why not?
    Last edited by shades2: 11/08/16
 
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