need a progress ann, page-23

It's fine to let off a bit of steam I think. People who bought around the 20c mark on say $25k are now sitting on a $7,544 loss in a matter of weeks

Be it weather, mechanical problems, drill crew leave or smoko breaks, this is a concerning situation for a lot of SSN holders out there who haven't been fortunate enough to be in since the sub 5c or 10c days

So I certainly personally understand, particularly since I also reentered at various levels / parcels at variously higher prices than today's SP

Now this maybe a antibioyic / bisolven / sudafed ramble but here you go.

And don't forget, buyers can indeed use prop buy bids to give it back to the sellers every now and again

What makes it worst are these super manipulators with large super fake parcels (500k, 600k, 800k) stacking the sell side at various levels, ensuring they push the SP down even more, thereby compounding the problem.

Yes, it's all fine and dandy for us to remain confident and chirpy and I believe most of us do, but spare a thought for those who perhaps believe in the Samson future as much as the most passionate but who are suffering at the moment.

What is needed, is a glimpse of an event horizon, or catalyst for a reversal. I'm thankful for Bob and Ell's help and info shared, as it does somewhat bridge that gap.

Yet to see the SP sliding day in day out becomes tiring

What I can say is that the lower we go, the further we are to reclaim that 20c mantle and move out of the teens post news, however in retrospect, the lower it is, the more those have to gain who are buying in at these levels, which creates strong buyer support in a rising SP situation.

Personally, a good rule is the further the SP is from it's highs with pending positive news, and the lower the position you get for entry into that stock, the greater the potential for gain. Also most traders don't try and pick the exact bottom, often enough close enough is good enough.

So from a 20c+ recent high, to now down to 14c, it may or may not be the bottom, but I tell you what, it's got to be bloody close.

Rcrow1 and a few others have commented on manipulation, which is absolutely happening without doubt and it's detrimental in the ST but does demonstrate that players want in. Kind of like mindless downramping (no offense manilla) often happens a day or two before a run in a stock, which can be viewed particularly on O&G and mining stocks

Anyway, here's to another day and a better one tomorrow