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Broker data was released. Retail investors caused the spike and...

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Jimjamzzz

2,026 Posts.

174

15/05/17

00:09

Post #: 24682854
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Originally posted by Benrich2016 ↑

Do you think HC really makes a difference? I think it's a good place for additional info and people in here are usually pretty good posters but at the end of the day it comes down to what the company is doing and not what HC thinks. Media coverage and twitter in conjunction with HC more likely make a difference. But it's the financials that really matter. I'm yet to see anything really negative from this company and I believe they are in pretty great position. It's impossible to value a penny stock really and there's a bunch of companies on the asx that are in nowhere near as good shape that are fetching more. I'm happy with this company.

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Broker data was released.

Retail investors caused the spike and than sold out over the next 2-3 days.

HC ramping (up or down) never makes and noticeable difference over weeks or months because the market eventually reality checks and those looking for a quick buck move on but when you talking daily volume of under 150k ramping FOMO spikes are definitely a reality at this end of the market.

Last edited by Jimjamzzz: 15/05/17

SYT Price at posting: 2.8¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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