My thoughts exactly... I've been trying to understand the reason for this mind-boggling phenomena for some time. My theory is either the majority of investors don't understand what they are investing on and why or the big sharks in the game are so smart that they start buying when there is only pure hype and start selling when there is a solid positive announcement (so that they can buy back at a cheaper price) and no matter what they do, the crowd follows them. This is why so many little, dodgy, high-spec company SP s soar whereas companies that shows solid growth, expansion, zero-debt sink with every positive announcement.
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