GXY
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6.40% $3.51 galaxy resources limited

Banter and General Comments, page-4327

  1. tutor
    177 Posts.
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    08/03/19
    18:56
    Post #: 37703631
    If I had a leveraged position in a stock with 75% volatility, I would not be sleeping well at all!

    Question for @asb83 though: if your valuation is about $2, why would you be short at these levels? For a stock like this, if your central case is $2, then a realistic 12 month range is probably something like $1-$3 or similar. Seems like splitting hairs with the stock basically at your valuation.
    GXY Price at posting: $2.07 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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