Lol....the sp had already retreated by 50% before the cr was...

Lol....the sp had already retreated by 50% before the cr was announced.
I'm sure long termers were buying....but I bet my bottom dollar the smart traders were selling willingly at 7c........
The sp at the time the CR was done was in free fall.
Didn't say you or any trader were bad people.... I have traded it a couple of times with smaller parcels than my long term myself.
I said it was the reason the sp went to 7.5 and the reason it collapsed by over 50% on the same day, closed at 3.8 from memory........and you don't think that was down to day traders? Interesting take.....
I don't mind traders.....the good ones don't hang around stocks and complain they got caught, bitch and whine like children because of their lack of skill and blame anyone else except themselves.
Stocks that maintain their sp trajectory have very few traders interested as the swings are simply not there and there is little to no reason to sell......if the sellers dry up the price goes up pretty simple really.