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30/08/16
20:17
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Originally posted by troyus
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I don't think this has been anything other than a shell ever! Jumped on the end of the tech boom on the back of walls performance with Brainchip and went nowhere as they had nothing. Lots of leeches sucked it dry and disappeared. Some are still feeding though the blood is running out so they need another infusion. A raise at 0.8c only needs to go to 1c for 25%. Plenty of lemmings on HC and other sites jump in on the feeding frenzy on the back of a few well placed "hints" from some moral free zone posters and they're are away . old holders are basically fked as per usual and insiders take quick profits and disappear. Only difference is it is pattos and not BBY as thank fk for justice as at least BBY got a karmic kicking!
Rinse and repeat until goes into admin and then steinpres will probably be hired as the administrators and take any remaining coin.
Geez I am happy I offloaded a large part of my holding at break even. Still down a fair wad but could have been a lot worse.
VWAP approaching 1c ? 20% discount to"sophisticated" investors and we may get to 1.2...
And ASIC says it's all good and ASX keeps on keeping on...
T
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And there it is!
Does anyone else get the pattern, ex holders who are the most vocal whingers and sledgers and finally when it's
down 80%, they let you in on their secret. They sold most of their holding at break even. That's why they played us into the hands of manipulators, by slagging off things constantly .
Has lead the destructive sledgers right from the start. Job done. Sentiment is everything.
What a disgrace!