GXY 6.40% $3.51 galaxy resources limited

This current market drop is playing into the shorters hands. As...

  1. 254 Posts.
    lightbulb Created with Sketch. 107
    This current market drop is playing into the shorters hands. As the markets drop retail investors sell to protect capital and trigger stop losses and margin calls. This lets the shorter off the hook and allows them to close their positions. No one said the stock market is benevolent. As the saying goes, the market can stay irrational longer than some can stay solvent. I believe the company is solid so I hold, and buy more in the dips.
    GLTAH, DYOR,
    Regards, Tinman9.
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.