Ann: Response to Ownership Matters Pty Ltd Report, page-375

First 375 Last

Share
Profile

Follow
rvajna

10,257 Posts.

746

19/09/19

17:54

Post #: 40485510
Share

Originally posted by HCuser3: ↑

The lesson for today is:
1. The company has a outstanding future because of its milestone progress, financials (for this phase), scalability, global reach, market diversification streams.
2. Given its phase, it will soon be proiftable per guidance (although you could extrapolate this from their Aug announcement). Unique for Fintech this early.
3. Its price moved significantly ahead of itself due to media, stock pickers and rampers and so ripe for the picking.
4. Some long term holders had significant profits and were ripe for the shake.
5. Movement into asx300 and eventually 200.
6. As a result of 1 (in parituclar) ,2,3,4 and 5, vested interests did not want to purchase at such high value (potentially rode it up and down) so (potentially) orchestrated:

a. OM inference report.
b. Media inference stories.
c. Social media chicken little hype.
d. HC troll chicken little hype. (it was like an episode of Supernatural, where the boys have to fight off the heathen from the gates of hell)

If we think about the announcement of the 300 inclusion and what followed post, re: a,b,c,d, then you can see why some folk would be motivated to engineer such an event.

I suspect there will be at least another attempt before Monday to drag the price down.

Awesome market lesson (to be applied elsewhere) but feel sorry for those who jumped at a loss or lost their position in a long hold thanks to those pernicious swine!

Expand

For a loss to occur the person has to buy at a higher level before selling at a lower level. This is the role of the up ramper to convince others to buy at a high price like over $1.50 here just a few weeks ago. They are very dangerous to the unsuspecting who are then scared into selling at a lower level.

ISX Price at posting: 92.5¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Trump just dropped a 200% tariff bomb. Here's how to cash in

AII

Inside the depths of Panasqueira: A legacy carved in rock

Week 28 Wrap: Tariff chaos back for some reason; CBA holds strong

ILU

Rare earths stocks surge as Pentagon buys big stake in US REE miner

LIS

'Opens doors': Li-S Energy the first Oz company to produce lithium metal foils

AAU

Antilles brings Chinese ally on board to keep Neuva Sabana work chugging on

CWX

Carawine faces Fraser Range JV collapse as IGO moves to scrap partnership

HotCopper Highlights: RIP to Botanix (for now); Droneshield new ATH; Trigg mystery halt

VMM

'Big tick': Viridis positions for global leadership with Colossus pre-feasibility study

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

First 375 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Ann: Response to Ownership Matters Pty Ltd Report, page-375

Top Stories

Trump just dropped a 200% tariff bomb. Here's how to cash in

Inside the depths of Panasqueira: A legacy carved in rock

Week 28 Wrap: Tariff chaos back for some reason; CBA holds strong

Rare earths stocks surge as Pentagon buys big stake in US REE miner

'Opens doors': Li-S Energy the first Oz company to produce lithium metal foils

Antilles brings Chinese ally on board to keep Neuva Sabana work chugging on

Carawine faces Fraser Range JV collapse as IGO moves to scrap partnership

HotCopper Highlights: RIP to Botanix (for now); Droneshield new ATH; Trigg mystery halt

'Big tick': Viridis positions for global leadership with Colossus pre-feasibility study

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

Featured News