GXY galaxy resources limited

Today we have Tesla Sky Rocketing on better than anticipated...

  1. 3,288 Posts.
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    Today we have Tesla Sky Rocketing on better than anticipated sales, throughput targets achieved, clarification on FY18 pricing, yet galaxy goes down?

    Part of the reason it went up was institutions needing a position in the stock so they could play the retail investors via shorting. Our wonderful management just gifted them that at a discount!

    Not happy, but patiently waiting for the real prize. Hope the big guys don't get to take advantage of too many panicked small players in this downtrend.

    RSI just about to approach oversold so a bounce is imminent soon.

    Its just a pity management has allowed this stock to be part of the short-term games
 
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