Great posts mate, enjoyed the read - you made some really pertinent points.
Agreed, it was frustrating to watch the close, but I was keeping an eye on trading throughout the day and there was very little at market buying after the early run - the pre market bids that were placed @ 0.036 - 0.037 all got hit over the course of the day which indicates accumulation - the daytraders simply had to meet market on the sell down to liquidate and shift their focus elsewhere.
The 1M sell in the last hour though was purely foul play - the seller could easily have propped up the buy side and achieved a higher sell price as trading was fairly stagnant at that time. A few buys disappeared just before it was dropped, so I agree with you - these sorts of games, while they are tough to stomach, they are simply a part of the intra-day noise that occurs.
The facts regarding THR are well known now - if the trading is making you nervous, get away from the screen, spend some time with your family, walk the dogs, go get sloshed at the pub....speculation is about being as sure about your investment as is possible through the information available. The rest is out of your hands.
Marchello
THR Price at posting:
3.7¢ Sentiment: None Disclosure: Held
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