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GXY galaxy resources limited

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Thesi

8,746 Posts.

2629

17/08/16

21:43

Post #: 18543560
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Originally posted by airconditioner ↑

Joe Lowry is clearly wrong.
You can just make this stuff up. We've been doing just that for about a week at least.

And we're really going ballistic with our creativity today.

Apparently it's no better to have a working mine than not even having a blue print.
It's not better to have doubled the size of your future profits, or your production capacity and to have a 3rd party report that runs the ruler over your production and say its valued at nearly double the current share price.

We just decided to divide by 2 rather than multiply.

It's got so upside down that even some of our resident down-rampers have started up-ramping.
TA pessimists have turned FA bulls.
One of the Kings of PLS has turned up and gave us a pat on the head.
Deano has been writing in plain English without any meta-fizz.
Holding onto shares that were headed for the ASX200 is now a bad idea.
The same management team that smashed massive debt and started a mine, secured contracts and pre-payments are now thoroughly incompetent.

The merge is now apparently an awful idea - when the news of it sent Galaxy to 56c.
Some are crying for an announcement when they haven't read a single one since they arrived.
The last one on the plant improvements was totally ignored.
Every single positive piece of Lithium sector advancement has been ignored.
Tesla needing 3 times more for their gigafactory was ignored.
Chinese EV orders nearly doubling was ignored.

But an-out-of-the-blue BS piece by Macquarie is treated as a true representation of the future?
Because it was printed in The Australian?

Apparently GMM holders are to blame for the selling - not the blatant shorting.
Most were Galaxy holders anyway. They're here posting today.
Mostly more sensible stuff than the Galaxians.
Anybody and everybody who bought their shares during the merge weeks is now underwater on those shares.
The share price held 50c for about a month - and they decided that it was a crappy idea now...and sell...at 30% lower? Yeah... right.

On the good side we may have just created a few more who'll have to be long on Galaxy for a bit longer than they wanted to be. A few of those may just pick up a few more details about what is in Galaxy's pipeline
and hang in here for a few more weeks to see an end to the creativity and let us get back to business.

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You'd be forgiven for thinking that this stock has no way of generating any revenue.

I am hoping the management continue to hold out.

They don't need to say anything right now, I hope they just leave the market to run free for a while. I am curious where this is headed.

GXY Price at posting: 35.5¢ Sentiment: Buy Disclosure: Held
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You'd be forgiven for thinking that this stock has no way of...

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