STX 2.56% 20.0¢ strike energy limited

They should all go to Jail, page-99

  1. 2,979 Posts.
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    We are seeing a typical pattern emerging.

    Explorer needs capital; drawn by the allure of a possible 10-bagger, punters stump up, instos ignore.

    Company flounders around; punters stump up again.

    A discovery! Punters ecstatic, instos prick up their ears. The SP spikes but settles back on profit-taking.

    Company needs capital for appraisals; instos invited in at a discount, punters grumble.

    Instos program bots to deal them in at bargain basement prices. Punters grumble; impatient punters exit; instos accumulate.

    Company forges ahead with good news releases. Bots sell down on each release. Punters begin to panic - will this ever rise? More exit.

    Instos grow their company ownership share; punters’ share reduces.

    Instos determine the sweet spot and release the handbrake. The SP soars. Punters rush back into the good thing. The SP rises higher.

    Instos sell at the top, driving the SP back down to a level where ...

    Company is taken out.

    I topped up at 22.7 this week to cancel out dilution. If SP is higher than 23 on expiry day of SPP I will buy more. This is a big company in the making and the Big Boys do not want us to be part of it. Make them pay.

    OOO
    Last edited by Oddoneout: 06/11/19
 
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