TON 9.09% 1.0¢ triton minerals ltd

Ann: Trading Halt, page-34

  1. 133 Posts.
    I suspect the DTs have been burnt by the recent volatility and the risk/benefit equation is no longer in their favour to continue pump and dump. The behaviour in the SP has been interesting to see in the past 3-4 months, certainly a reflection of psychology of certain shareholders (DT and ST) in general, i.e.

    - SP rise
    - FOMO, so let's buy in
    - oh look at it skyrocket, let's buy MORE AT THE TOP!
    - HOLY crap, it's tanking and I've just lost 50%.
    - Oh its bottoming out and rising again, maybe I can recoup my losses
    - FOMO, so let's buy in again.
    - oh look at it skyrocket AGAIN, let's buy MORE at the top!
    - HOLY crap, it's tanking AGAIN and I've just lost ANOTHER 50%.
    - I AM OUT of this horrible company.....
    - Sold at a loss and never touching this again.

    Sorry long post.
 
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