Big players at it again..., page-73

risk,

Don't be surprised if the big sellers are infact the big buyers. By creating these huge volumes they can bring the share price down by causing panic and then buy more stock at much lower prices. Many mum and dad investors would have sold their stock becuase it was to unnerving for them to hold. They basically got sucked out of their holdings because they thought something was wrong.
It has allowed big players to buy much more stock at a very cheap price at the expense of others who just panicked and sold out.
The company was issued with a please explain and they did so by saying there is no reason why the shares should be sold down. They could not explain why the sudden drop.
That should be comforting for shareholders who are still holding. But the mind plays tricks with everyone when they see constant selling and then the herd mentality kicks in. GET ME OUT OF HERE !!

There were 140 million shares traded yesterday. It's a nonsense. The ASX had every right to ask the question.
Two weeks ago the share price was trading at 9.5c. Nothing has changed in this story since then.
No announcement has been made during this time to suggest something has changed. Everyone can draw their own conclusions as to why 140 million were traded yesterday.
I have put my own spin on it for what it's worth.


Cheers.