Australia's largest stock trading and investment forum Australia's #1 stock forum

GXY

0.00%

$5.28 galaxy resources limited

shorting, page-9

First 9 Last

Share
Profile

Follow
MrKopel

32 Posts.

22/06/17

10:41

Post #: 25424700
Share

Originally posted by vmp ↑

Why was shorting disallowed during the GFC if it is good (I think someone said this, I cannot verify)
APRA is limiting the IO loans. Perhaps if shorting is capped at 2% of daily trades, big players cannot use it to manipulate. Atm, it's a law of the jungle.
If you short and you're one of those picking just one mango fruit from the neighbour, it's okay, but if you cut the entire tree, then it's a diff story.
Don't feel bad by my comments. It's directed not to specific person, but sentiment toward the practice in general as it is being done massively, mercilessly, pure greed by those who have too much power
Not depressed but my current holding is down $30k of hard earned money by 'carrot farming'
I think the drugging of the Macq bank staff by others if true is just tip of the iceberg on what else they actually do behind those offices with big windows overlooking the harbour.
They're probably salivating everyday seeing the big yatchs and every time they finish looking longingly for those yatchs they go back to their desktops and say "I'd short galaxy today by 50 million shares so I can buy that yacht."

Expand

They banned shorting on banks, and the financial index continued to drop 47% in a month. Maybe it was bad investment decisions not evil shorters why the share prices were going down.

GXY Price at posting: $1.65 Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

CXU

Cauldron Energy reports "excellent" uranium assays in latest drill run

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

TIG

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

IMA

Issues emerging as Australian companies tackle critical minerals challenge

A3D

Defence MOU for propulsion systems pushes Aurora Lab shares higher

There are more pages in this discussion • 392 more messages in this thread...

First 9 Last

Add GXY (ASX) to my watchlist

shorting, page-9

Top Stories

Cauldron Energy reports "excellent" uranium assays in latest drill run

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Issues emerging as Australian companies tackle critical minerals challenge

Defence MOU for propulsion systems pushes Aurora Lab shares higher

Featured News