an explanation for mookie11

Some good points raised which probably require a detailed explanation.

Firstly I have only dipped back into the past on the promptings of others. D suggested I needed to look back over a two year period to get a better idea of liquidity over a longer time frame. Jugu suggested a particular look at some posts about a couple of months ago might prove helpful in understanding finance/ offtakes and the impact on the SP. I apologise if I gave offence by loosely referring to posters as the usual suspects.

Secondly, I have no desire to revisit AIM history unless it has some relevance to the topic being discussed. History is useful if there is something to be learnt from it. Unfortunately its always in hindsight. Some people say Elliot Wave theory is pretty good in foresight but the predictions tend to be a little bit unreliable.

Like you, I also have have personal opinions which I freely express. I'm pretty neutral whether you agree or disagree with them. Theyre mine... I own them.

Which brings me to your observation that Im implying that you shouldnt seek advice from your fellow posters. What you do is your business- where you get your advice is your business.

What I was observing then, and indeed now as an ongoing phenomena, is the tendency of people investing in a risk environmant to seek out advice/opinions from others whom they respect when events seem to be veering from the expected path. Some people need certainty and confirmation.

Is this a good approach in general? If it works for you keep on going doing it! A lot of people put much faith in the opinions of others - only today I read its likely that investors in Finpoint(?) could be dudded out of their life savings. All Im saying is theres added risk if you hand the effective decision making process to an expert. The expert could well be right but unless you know the track record of the expert youre taking on additional risk.

I recall, in particular, participating in one Share Participation Plan whose share value quadrupled in a short period of time. I stood to make a massive gain on my investment. The fly in the oitment was I couldnt sell on market until the ASX share re-installment date. Meanwhile the SP drifted downwards and there was nothing I could do about it. Was I anxious .. you bet I was. I knew why the price had risen so dramatically - the bird flu scare had panicked the market. Likewise people are not so much interested in the reason for the rise, once risen. So my feeling is holders by and large do experience some anxiety/indecision if theyre sitting on massive profits and theyre seeing their profits ebbing away.