purely TA theory posts, page-340

ASX aside the company itself should be announcing something. Even if no speeding ticket was issued. Especially with the toxic environment and uncertainty about "why did lisa really leave" swirling in the air.. to see the shareprice get hammered down 25% and not even a public word.. beggars belief.

I'm kind of thinking along drumo's lines... if this continues to flail and management don't say a word then I may just get out too as these sort of speccy stocks with silent dumps always seem to go downhill. By the time they do go up they make a select few rich.

The speed and nature of this drop is definitely not some half arsed tree shake. Yeah, someone bough 5 million shares at 4.5c, but I can see the rationale for someone trying to catch a falling knife alot more. On the other hand people don't liquidate their holdings on a whim to such an extent.

I'm more believing of selling pressure than the buying side. Every sell must have a buy but given the sells sliced through the share price as butter it was clear people were getting out in droves more so than buying, or else it would have held up. There clearly is something wrong. Either someone has gotten it very, very wrong, or somebody knows a heck of a lot more.


With the Lisa scandal it is smelling more and more like the latter. But what do we know - management hasn't announced anything even....