spot on danielle44d. Your post should be part of the disclaimer for all hotcopperites to read when they log in!
Either the insiders sell on the announcement, or before the announcement. Apart from today's example of GXY, two other recent examples of note: KAL and UMC. Posting rates increase x hundreds of %s, new posters with indepth knowledge appear all of a sudden, the sentiment is built up to almost a frenzy awaiting on the 'big' ann. As hotcopperites & daytraders are buying in pushing the stock to new heights, the insiders (some of them multinicers, some associated with broking houses) are selling their stock to them.
(IMO, GXY, UMC & KAL all have very bright futures).
Always be wary of any stock going through a hotcopper posting frenzy awaiting the big ann. As danielle44d points out, genuine posters have a good track record based on valuable comments, it pays to use the search function on hotcopper to check posters past calls.
Looking forward to the Shoemaker assay results.
cheers
Marny
- Forums
- ASX - By Stock
- 24million tonned yeahhhhhhhhhhhhhhh
spot on danielle44d. Your post should be part of the disclaimer...
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online