GXY 6.40% $3.51 galaxy resources limited

Ann: Galaxy Finalises ESIA and PDA with Cree Nation at James Bay, page-37

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  1. 1,303 Posts.
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    I can't agree with you to compare GXY to KAR kind. KAR board is so dog that their whole action is to maintain their jobs and life style. On the contrary GXY has been moving. Under such Lithium market sentiment it's very hard to have an upward re-rate. But yes, maybe the management can do better in keeping the market informed, more communication and transparency. If balance sheet allows, do some buy-back as well.

    We all know GXY's assets, balance sheet and prospects warrant a great potential. SP manipulation is written on the forehead. Take it simple, the setup of buy/sell market depth, the sudden re-appearance of the down-ramp champions, all manifest this is an orchestrated action to take this stock lower. It's complicated why they short a stock, as many have discussed before. Only things a long term believer should do is remaining calm, accumulating cheap along the way if you can. When the sentiment reversed, you know what will happen to the SP of the most shorted stock.

    GLTAGH
 
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