Why the continual dump and down ramping of MMJ?
There must be a reason.
You bet there is. Understanding the reasons takes time and observation. There will always be downrampers trying to shake a few leaves from the tree but to assume that is all that affects the SP is naive. I've got stock in this, about 10% of my initial holding, so I'd love to see it succeed. My best monetary interest would be served by telling you all you can retire next month so I can sell high but, then again, seeing new players get burnt will only reduce the numbers and dampen enthusiasm for other stocks. Give a man a rotten fish or teach him how to fish? Also, I value self respect.
The fact is, you don't know anybody on this forum or whether they're being straight with you. A downramper who misses the boat has arguably less egg on his face that an upramper holding on to a sinking ship. Missing an opportunity is much easier to bear than explaining to your wife that you can't go on holidays this year.
Take it all with a grain of salt and remember that the SP is determined by a lot of people and a lot of money that has probably never even heard of hotcopper.com.au
GLTAH
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