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$5.28 galaxy resources limited

so what do you reckon colin?SELL the GXY shares now ? or short...

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Zeeshan

7,640 Posts.

618

06/12/19

11:36

Post #: 41832390
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Originally posted by colinchi: ↑

Another one that want to chooses who can post
Only holders can post ?????

They are the ones happy to watch the SP fall from over $4
A lot of fortunates that were thrilled to buy at $3.. $2......1$

Lets all get it straight
Galaxy has no way of making money under current market conditions.
the only thing holders have to cling to is a miracle.
That the Lithium market will turn around fast.
Albermarle suggesting 18 months...that is optimistic.
As the glut of oversupply has to be used up.
A simple google search for global lithium demand 2019 has it at 49350 mt
A simple google search for global lithium production 2019 has it at 85000 mt.
So it is easy to see the imbalance and Why the SP will continue down.

Cheers

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so what do you reckon colin?

SELL the GXY shares now ? or short it?

make a call and put your money where your mouth is..... oh sorry i just realised you had a SELL sentiment on GXY since it hit 80 cents only to saw it go over 25% as soon as you changed your sentiment.

GXY will be multibagger when the EV boom kicks in.

GXY Price at posting: 85.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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