Port,
Agree with your post.
Quote: “What's happening now? Just some profit taking or a fundamental erosion of biotas intrinsic value due to a broker saying Sell?”
The volatility occurs in an information vacuum where brokers , major players or anyone with deep pockets could easily manipulate an uniformed market – a perfect recipe for “herd mentality”.
So much for the Peter Cook chorus singing that Peter Cook by talking down the sp brought about sp stability.
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