why is it every time a stock sells off, people on HC crow for a...

why is it every time a stock sells off, people on HC crow for a management change?

stocks sell off for many reasons, sometimes unavoidable ones based on probabilities and a company having a bit of a bad stretch. flip a coin 50 times, and dont tell me its H-T-H-T-H-T.... even at 50:1 youll easily get 8 losses in a row. oil wells are not 50:1.

sometimes those who wish to accumulate take advantage of moderate bad news and short the stock to cause an exit stampede of overleveraged or easily bluffed smaller or short term players.

then, when its lost a fair chunk of value, set their bots to buy lower. maybe then attempt to cap it for a while until they have accumulated all they want, running the bot until its all nibbled up.

its par for the course on the asx, folks.

that being said, i hope 20c is the bottom, and we are up from here with no boring capping, and of course a string of nice new producing wells drilled.

many must see this as good value at under 30c