No, it is not consistently useless. It is in fact the opposite....

No, it is not consistently useless. It is in fact the opposite. If you bought on someone's opinion saying the stock was going to go up on no basis whatsoever and you lost money then you have yourself to blame. If someone like myself interjected and said;

"Wait a moment, there is nothing at all to indicate that this stock is going to go up. Also please note exactly one week ago a similar volume was sold on the ASX. Please also note all trades are not made by individuals and the number of automated bots that buy and sell shares has increased exponentially over the past ten years. With that in mind it's impossible to link the prediction of, 'Something happening in the court case', with the sale of 6,000,000 shares of the value of $24,000 dollars. Please do not take that sale as a sign something is going to happen because this is quite common (at least at one week intervals).",

and you still bought it anyway then you have fair warning and again, yourself to blame.

All that being said it is my feeling the stock will eventually go up. Statistically I think the chance of that is pretty definite. Eventually Stocky may be right but he will be right in the same way a broken clock is, twice a day and without any true knowledge of being so.

For all I know it could go up tomorrow but it's certainly not related to that sale.