PCK 2.94% 3.5¢ painchek ltd

I always scratch my head when the SP sinks a little before a...

  1. 259 Posts.

    I always scratch my head when the SP sinks a little before a major milestone, and it is always easy to say its manipulation but I dont think that occurs as much as people say. Everyone believes is is manipulated when low, being held down, accumulating etc but when it goes up manipulation is rarely mentioned and it is always because of the great product, minerals, concept or management etc

    It makes no sense some times and as much as you try to predict what you think might happen all it takes is someone with deeper pockets to set a sell off through trigger points and you see a blood bath and it may kot even be on purpose, just needs to dump quickly for personal reasons, or the other side is someone wants in and start buying and those sitting on the sides jump in from FOMO.

    P.s. That close was definitely unexpected for me but happy to see buyers wanting control at the end.
 
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