GXY 0.00% $5.28 galaxy resources limited

You are just closing your mind off to possibilities you haven’t...

  1. 6,926 Posts.
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    You are just closing your mind off to possibilities you haven’t considered. In January it fell from $4.40 to $2.80 in 15 trading sessions. Average of 10.6c per session. It dropped 11c today. Now that it has made another new low for 2018, what makes you think it won’t tank for 2 weeks and get to $2? The shorters are adding to their positions. Up to 70m shares now. Capitulation hasn’t happened yet and it needs to.

    I see Macquarie Insto were the largest sellers on the 8/8. The other data I ran had them as net buyers for every time frame I ran.

    $2 is coming if you ask me. My opinion only.
 
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