GXY 6.40% $3.51 galaxy resources limited

SP tumbling, is there a agenda? And how low will it drop, page-50

  1. 3,617 Posts.
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    You're a salty holder. I didn't buy last week. I changed my Sentiment to "Buy". My Position has remained unchanged at "Not Held". I personally don't see value at these levels yet and neither does the market, so why buy a stock that has nothing going for it?

    My fair value for GXY is $2, although this is likely to be downgraded after the upcoming quarterly report. I've said before that value hunters won't touch this until it gets to $1.70, if in fact it does, which is ironically the next major support zone now that $1.89 has been pushed aside with relative ease.

    You keep saying that I'm down on ISD. I bought at 20.5c and it last traded at 21c
 
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