Yeh interesting how the bots were back in force today,...

Yeh interesting how the bots were back in force today, especially this afternoon trying to push it down. Personally I dont go for the whole market maker thing but that is a sure sign of an accumulator IMO and given how the bot was running every 30 secs or so they want some shares badly.

I also have to add that as everyone knows the market sentiment at the moment is shot. My wife is a lawyer (partner) specialising in funds management and she went to a funds conference the other week and told me that at the conference they said that in October the funds had the biggest drawdowns they have had since the GFC and most are now holding over 50% in cash. That takes alot of liquidity out of the market.

Personally I also think that since the media published in Jan this year that battery stocks are going to be the flyers in 2018 (who listens to the media ) every man and his dog have jumped onto battery mineral stocks, especially lithium, after they saw the incredible runs late last year and most are either new to the market or trying to make quick bucks and when they see something else shiner they pull their money and move to something else...like biotech. This is especially evident IMO on how this year I have noticed most announcements on most stocks (generalising here) are being sold into more heavily whereas last year we were getting buyers on good announcements. There just doesnt seem to be many who buy and hold based on fundamentals anymore. Its like bitcoin. I want my profit and I want it now and if it doesnt come immediately I'll go look at something thats shining and lose all my money there too. Everyone has their own way of trading/investing I guess.