@Maggie931
@Maggie931 - Here's my theory. Because of the all the pre-auction hype + unusualness of a listed gemstone company + intrinsic beauty of the product which sent peoples imaginations wild, a base of investors formed who weren't your usual bitter, seasoned share holder. Just average people - who in general don't know too much about the market but had very positive expectations. Every company has some of these amateur players types as investors - but MUS has a disproportionate amount from what I can tell.
Then when things went pear shaped after the auction these guys were very disappointed - and want OUT asap. So, every time the price goes up a little, these guys bail and keep the price flat. As @Davisite noted today - if the price went above 4c - then there would probably be a mass exodus.
Then theres people like @Shamer - who appear just come on here to preach armageddon and/or slag off the BOD. Usually not a day goes by without a repetitive post or two on this theme. As he posts so often, you get a disproportionate amount of his dooms day predictions any time you log on to check out a MUS thread. His motivation to keep doing so is unknown.
- Forums
- ASX - By Stock
- Ann: Montepuez Ruby Project Operational Update
@Maggie931 @Maggie931 - Here's my theory. Because of the all the...
-
- There are more pages in this discussion • 78 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
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit