GXY 0.00% $5.28 galaxy resources limited

Haha if I had a crystal ball I wouldn't have sold most at 9...

  1. 1,460 Posts.
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    Haha if I had a crystal ball I wouldn't have sold most at 9 cents. I sold today purely based on a gut instinct. I've seen good daily climbs from other companies such as the one lately with GXY and notice when the others hit psychological numbers such as 20 cents something els comes into play.

    People feel better much better selling at 20 cents as opposed to 19.5 cents even when the same total profits are made.

    People feel they have lost more from 20 cents down to 19.5 cents then from 19.5 down to 19 cents.  

    I know you shouldn't let emotions have a play in your investments though if you understand the way you're thinking and relate that to the market you can sometimes apply that for better decision making.

    I have no clue about future anns but as we know anything positive about Sal de Vida would be optimal. But as I said I don't have a clue.

    For those still holding hope my small profit taking dosnt get you disgruntled.
    Galaxy has a massive future ahead and I'll deffinatly be buying back in.
 
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Currently unlisted public company.

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