director buying, page-18

casznac,
"to prop up the SP" ie. to keep it where it was or suck investors into buying.'

I dont think you understand T/A . You dont need to prop up an s/p that has already reversed its trend. Thats not propping, its buying with the trend, its what T/A is all about. No doubt director has a chart as well. there may well be no announcement at all however that wont stop a stock changing direction. Why do you think there are so many asx speeding tickets? T/A is a self fulfilling prophecy.
once the trend changes then every one wants on ....or off as just witnessed.

Fundamentally those that were burnt will sit on the side lines due to an emotional attachment and may get burnt chasing vil and the latter stages of its next run.

Its a fact that the more you know about a stock the harder it is to trade.

There are hundreds of 1c pennies that have zero cash, no income, poor drill results, directors that should be locked up, yet they continue to trade and spike in s/p.

Vil is not in the above category, is oversold and the market is responding now accordingly. Hope you can detach emotion and start to recuop some of your losses.
All the best.