BIT 7.69% 2.8¢ biotron limited

chart daily, page-2862

  1. 2,854 Posts.
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    It certainly is an interesting situation. If you had asked me prior to recent announcement about future share price based on such news, I would have suggested 20c, as I did.

    So what is going on?

    I very much doubt that that this fall is caused by retailers loosing faith. This to me is absurd when the development is coming close to fruition, and recent news confirmed it. There is no way that the bulk of selling is retail fleeing the scene. As such, it can only be much deeper pockets manipulating. Sure, some retail have stops etc, and others panic sell, but I cannot believe that this is not being deliberately pushed down by market makers.

    Anyway, since it has gone this way, I hope it lasts until daddy's Friday allowance.
 
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