In my opinion there are 3 types of sellers
1.) Happy sellers ("I sold my shares for more than I bought them. I have made a nice profit and I don't want to be greedy!")
2.)Sad sellers ("I sold my shares for less than I bought them. My son has to have this operation, the mortgage needs to be paid, my car broke down, my credit card got cancelled!!!")
3.)The diabolically insane ("I have forgotten what price I bought my shares for. Today seems like a good day to sell them. I won't find out what price they are trading at, because that would spoil the surprise. I will sell them at "best offer". You never know, someone might offer to buy my shares for $1.00 each.
***Unfortunately,(and I honestly don't know why this could be)Viralytics probably has the highest proportion of the latter in the entire ASX!!! The only consolation is that, as each sells out, we are bringing in new more sophisticated and professional punters. Hopefully these woefully demented jokers can get out of lives shortly before I throw up!!!
Cheers
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