General Discussion Topics, page-65083

Just curious though mate. If the SP and valuation shouldn't be below 30.0 cents and the Market actually believed that right here and now......Why wouldn't these so called Day Trader's not want it to ' Pump ' to 30.0 cents and then do it all from there at between 30.0 and 31.0-31.5.

And clearly that would give them much more Powder for their continued efforts right ?.

No I think it is more about the Market perceptions of the Lynch coined phrase ' Sow us the Wherewithal ' and we'll ' Show you the Money and Market Valuation '.

But even if the ' PIP ' traders could have that much influence on the SP , sooner than later when announcements like this catch them out flat footed , it would be natural to see a bit of heavy posturing to regain positions before the SP catapults upwards to re-rated valuations based on NEWs.

With Sayona though , it has been a case of much anticipated News Flow coming our way , so anything that is more ' Steady as she Goes ' as to fulfilling the ' Wherewithal ' narrative may not be as significant an immediate driver of the SP and it may take some ' sinking in ' for the Market to ultimately catch up to it.

In the meantime , we will continue to catch out all the ' Greenhorn ' , ' Flat Footed ' PIP traders who programmed their trades around yesterday's late action and today's more sudden and more deciphered type of news update.

Either way , I see it as a good measure of what's up and more immediately in-store for the SP just around the corner.