SP1 (ASX) AUD GPTV Book Update Due

Originally posted by Dineen ↑

My oversight Naia. I don't subscribe and never have subscribed to any investment service or share advisory service. That last paragraph should have been deleted entirely - I only found the article online tonight and it was rushed cutting and pasting on my part. Good you mentioned it as I didn't know how to undo/delete that part once posted.

Certainly not advising anyone to retain all their holding either. Always have been happy to hear of your's and others' substantial holdings to date. I also know there will be holders who will/may sell/reduce due to other investment priorities, diversification strategies/rulings and also for tax issues - CGT being one of the hardest tax issues to navigate for privately held shares. There will also be those wishing to realise their investment and reward themselves by selling.

I posted the above because I have been 'puzzled' by some of the posts from some shorter term (?) holders especially those who ask for others' opinions and/or 'basic' information about ISX's business plan, model, progress to date etc.

Am interested in contrarian views if well researched.

Maybe I should stop searching for the logic/rationale behind some of the posts - or do as some have done, learn to ignore.

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Not many Australian stock look like the charts you posted. Micro cap dont just keep going up and rarely “small correction”.

Reason why most hotcoppers here are short termers because for micro cap when it runs up always retraces 30% 50% and 61% sometimes 100% and below. Since GFC investors became short termers.

ISX already ran up 500%.

Hard to hold on to convictions when you see your profits retrace 61%. The story you tell up there is not normal Australian stock behaviour. Most do not believe the run will sustain.

Generally my observation is most money is made on Mon, Tuesday sell off on Wednesday may be some action on thursday and winding up the week by Thursday evening. Friday is sell off day. This goes to show Australian stock market is dominated by short term trading. Australian stock market too small.

For ISX i am observing a different behaviour but once it runs may be its not much different to other micro cap. I will wait to see if this ISX is really tightly held.