Hi Rupfel, The things that I don’t mind hearing about from the shorters, are their game plans in relation to Galaxy Trading.
They often turn up on here, and start spilling their secrets, in regard to how low they see the share price going, when they intend to open new positions, or start covering on existing ones.
We are familiar with some of them from our other forums.
Whether they get it right or wrong, will affect their own decisions in relation to their shorting. They can act as barometers to our trading environment, if we like. Of course, we are all responsible for our own trading/investing decisions; aren’t we?!
I was getting ready for the $1.80, $1.70 & $1.60 Galaxy price tags being bandied around the forum, however, these price points have not, as yet, re emerged.
It’s interesting to read their negative opinions on Galaxy’s fundamentals; minus the gloating, boastings about making more money than the longs, and the general mischief making of some on here.
And, as I am not averse to a different opinion to my own, I find the informative posts from well researched long posters, opposing their claims, to be sources of excellent information, for those posters that are starting out, and new to Galaxy.
From my own perspective, I am anticipating the information of the next few catalysts, that are due for release soon.
Whatever the outcomes of the decisions that management makes, in relation to JV or not to JV, testing/ evaluating alternative technologies, timelines for the development of SDV, or any other irons that they may be intending to have in the fire, then, I can’t help thinking that they will be well considered ones, for the amount of time that management have taken, to arrive at their final decisions.
I do have confidence in this current Board; and I would imagine that they would recommend any changes, that may be required over time, as management see fit, to maintain a functional & operational BOD and company within the Galaxy.
Rest assured, that the announcements will be delivered in a timely manner.
GXY Price at posting:
$2.22 Sentiment: Buy Disclosure: Held
