GXY galaxy resources limited

Not looking good for lithium stocks, page-66

  1. 13,370 Posts.
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    We all know the increase in DEMAND is on the horizon BUT so many current buyers of GXY and stocks in general have a very very very short term outlook hence all Lithium stocks will not go into an up trend until DEMAND starts pushing up the Lithium price . From all the research I've been doing this change in DEMAND is not going to happen for at least another 6-18months so GXY will remain in the doldrums for the next 6-18 months and therefore the short term traders will buy and sell for small gains , or buy and sell at at a loss being not prepared to hold and wait for the change in DEMAND.
 
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