Whoever says forums dont make a diff to a daily SP is very much mistaken, thats why they have mods to try to keep people in check.
People saying it does not - nead to do some maths.
Fundamentally - and a classic occured on GDN on friday, if you have 3-4 lines with a depth of 4 mill shares.
It only takes 15-20 odd sheepish shareholders holding 100-200k parcels to dump their shares based on reckless mis-information.
This in turn will automatically trigger anyones tight stop losses and just addes more momentum to the SP driving downwards, adding more panic to the other sheep.
Do the math as is it didnt take 100s of shareholders to dump to break 3-4 lines.
GDN Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
