Their behaviour reeks of sunk cost/pot commitment. They're so invested in the share price falling and dont have the strength to admit their mistake and fold, so they put more in, and so the cult mentality grows. Bluffing made a few some money a few weeks ago, now I can only see many getting burned and wondering what the hell happened. To short another 2.5million shares after that BoA is not what I'd call courageous or aggresive, its downright mindless. Surely, it would be far more productive to invest in the long term growth of the company. But, each to their own I guess, I'll be benefitting greatly from the temporary lull in share price..
General comments/chat, page-23266
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1.7¢ |
Change
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Mkt cap ! $52.87M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 10 | 3664858 | 1.6¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 2736651 | 6 |
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