Want to spot the manipulation?
Galaxy is the worst performing Lithium stock today yet has announced a positive market sensitive announcement today that is a major milestone in the James Bay project. Any other stock would rally a few percent
So in other words, that makes Galaxy the most cashed up Lithium provider with the most opportunities yet to worst performer for sometime including today.
Tempted to buy more, but i think i have enough to retire now
Want to see what happens next?
Maybe this story sound familiar?"On 28 Oct 2008, Volkswagen was the world's biggest company -- at least if the stock price was to be believed.In March of that year,
Porsche owned 31% of VW and stated publicly that it did not intend to increase that to 75%. Lower Saxony holds 20%, so Porsche reasoned it would be too difficult and expensive to acquire basically all other shares on the market.
On 26 Oct 2008, Porsche revealed that it had increased its stake from 31% to 43%, plus 31% in options -- 74% of the shares of VW.
Problem: as of that date, 13% of the company was on loan to speculators short the stock, and 74% + 20% + 13% = 107%. So if Lower Saxony didn't intend to sell them any (it didn't), and Porsche didn't intend to sell them any (it certainly didn't), the speculators would be completely incapable of covering those short positions. Just to add insult to injury, the other 6% belonged to index-tracking funds, also unlikely to sell on short-term moves.In other words, Porsche could pretty well set its price and force the speculators to pay it.
The price exploded, going from 200/sh to 1000/sh in just a couple of days."
https://www.quora.com/What-are-some-of-the-greatest-short-squeezes-ever
DYOR
