WA1 0.53% $20.55 wa1 resources ltd

General discussion, page-5795

  1. 8,730 Posts.
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    I can see the next assay announcement taking us to around the $20 mark, just above or below, then the usual bot sell off, like has happened with most of our past assay announcements, trying to grab shares off traders/day traders by making out the 'market' didn't like the announcement, with the appropriate down rampers here after the first 50c-$1 move down..

    I wouldn't expect any of the regular readers here to fall for it. BTW for those interested, I found out when I ran the email group for PLS, that about 3-4 times as many people read these threads as we have people commenting. There are many people that registered with Hot Copper, but never comment, just read.

    This is why 'some' down rampers persist, even when you shoot their arguments out of the water, they have definite agendas for accumulators. I say down rampers for WA1, but in other stocks that are real penny dreadfulls, they work the opposite way, always bullish on dogs, usually 2-3 companies that by coincidence have the same managements/boards as each other.

    I'm sure many here have noticed the trend of great assays, initial boost up, then reversal for rest of the day or a few days, before the bullish movement recommenced, but because we have posted about it, will they do something different this time? Or has it been a good strategy to shake a few shares loose, so they will likely do it again?? Any thoughts on this??

    Maybe they will gap it up, now we know the trend of their actions, hoping some of us will sell some expecting a retrace, but instead just boost the SP higher?? Such an interesting game, thoughts??
 
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Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
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