IAM chart discussion only, page-646

I didn't see any gloating in your post.

Everyone has different timeframes and agendas, some are daytraders/short term traders/mid term investors/long term investors/news traders and a mix of it all.

I agree that the 8c level is about right where it should be and it's overshot. I think it could overshoot further just because people get nervous at this point and do silly things.

That's why I like to Buy on Fear.

Had the announcement come today though, very likely this would have shot over 10c.

Problem is the announcement needed to come when this was around the 7c-8c level which is where it is now. I had a post only days ago saying I wasn't sure it would hit 10c on the main thread, Gladiator said yes, then I saw how it traded and thought Hey it might actually get there, especially the chart looked like it could when it had that huge volume end of the day to close at 9.3c

But when a few decide to sell off, stop losses triggered, herd panics and here we are.

Why the market is all about psychology and the power of that can have huge impacts on shares both up and down.