GXY 0.00% $5.28 galaxy resources limited

Number 1 shorted stock, page-4

  1. 1,446 Posts.
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    Well shorters money is not in the bank until they buy back... most people want the stock at a lower price so when shorters borrow and sell lower... oddly enough people buy them. (it's not rocket science)


    Shorting is one thing... spreading BS and fear to incite a selloff is another and if I was some of the people on here I'd be careful of slander because some of the BS posted on here is nothing more than shorters trying every trick in the book.


    "omg dog stock down 50%" ... after going up from $1.80 to $4.50 1st makes it a dog? I'd be worried if it went down 50% and nothing was shorted. Look at the ASX in general... it's not just GXY... look at KDR from their high, NMT, EMH, PLS, LPD etc. 


    I think a few on this forum need a mass ignore so they're just pulling their own chain. eek.png


    Can only short a stock if there is interest in the stock (buyers) which usually indicates it's not so much a dog. Offer your shorts @10c and I bet someone will buy them. 

    Last edited by hoek67: 16/01/19
 
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