Hi
@Dk23 et al,
If I may, in my opinion, when
@wobblyboots references "pump and pump", I assume it may be in relation to ordinary investors and traders, and specifically, with respect to options exercised at 0.08c, and had nothing to do with the Company (you referenced "no fluff announcements").
@wobblyboots, please correct me if this assertion is wrong.
I can see the point of this
post, as in my opinion, I note that there was a considerable amount of 'positive' hyperbole, or, "pump", regarding IHL on social media platforms (specifically HotCopper and Twitter) within the last couple of months, which coincided with the SP run to 0.45c. This "pump", I note, has now lessened considerably although it still lingers. I could provide a list as long as my arm, with what in my view is, "pump" relating to IHL, but I have no time for that and invite anyone to confirm this for themselves.
The very unfortunate nature of "pump", is that, less experienced investors and traders alike, are unable to see it for what it is. Usually, constant detailed research and analysis of statements made, and, an understanding of psychology on even a basic level, is required to assist anyone to see statements that are "pump" in nature, for what they truly represent.
Personally, I have a strong distaste for "pump" in relation to any stock, as it is a possible indication of one or more "pump and dump" operations that may be at play, some sophisticated, some not, some with large positions, some with small.
On the flip side, some "pump", may also not be sophisticated in nature, rather, just be immature or inexperienced investors who are excited about their stock and who wish to see their stock's value increase. Further, in my view, there can also be a fine line between "pump" and speculation that is positive in some statements made. Usually, the main difference is, how the statements are constructed and what words are used. For example, "it
may list in October" (speculation that is positive), and, "It
will list in October" ("pump"). Although, some statements are extreme "pump", for example, "This stock will make you and your family rich", or, "When this announcement eventuates, the share price will go to the moon". Again, these are examples only, and, this is my personal opinion.
I kindly invite everyone, to be more mindful of "pump" statements, and, to call it out if they see it (be careful though, you may become a target and be ridiculed for having an opposing opinion). However, at the same time, be aware that everyone is entitled to their opinion, even if it is "pump". Further, not everyone would be as considerate as I am, when making assertions, so some "pump" that people may post, may be accidental and innocent.
This post is my personal opinion only and is NOT fact. Please, do your own research.
