GXY 0.00% $5.28 galaxy resources limited

Marked to market valuation today, page-17

  1. 3,187 Posts.
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    "i recon it's good time for the shorter to start buying the shares and return it to the original holder now."

    The original holders don't need their shares back as long as the SP is at least equivalent to what they bought them for.

    If I buy at $3.6 and loan them out to shorters, I have no reason to ask them back until they're worth $3.61 again.

    Unless I want to fry the shorters. Now why would I do that? They pay me for borrowing my shares.

    The only other reason I'd want them back is if I needed to sell them. But then again, I wouldn't want to do that sub $3.61.
 
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