General Discussions, page-33215

I think it has been going thr wrong way for 12 + months, but selling out at the lowest of the low is what happens to retail due to frustration and becoming emotional. We had a little pump now, and imo, some that bought under 6 then sell for 6.5 for a %, then the bots go and push it down again. Look back at the daily chart and have a look how many little pumps there have been before substantial movement. These bots aren't here for sh! T's and giggles (imo), putting down pressure on a stock to me at least says one thing, someone wants to buy it lower, or keep in low while they slowly buy. It's hard to buy millions of shares without sending the price 20% in a day, look at the sellers, non existent, particularly if we start seeing green days. Maybe its those who have a few M shorts out, I'll have to check what the shorting has been like recently but it's been minimal, so I doubt it.

Having said that, you might have an investment on the radar that can multi bag in the near future (yes, there's definitely some in the mining space right now imo). It's frustrating to be caught in the games of big traders and brokers, let's be real, there's no reason why we need to be valued this low, it's just an overall trend on the asx at the moment and also world wide. Unless you go to a different sector, you will have to be patient imo (and then if you go there, you can see these sectors have been running hot for a while, the indexes are at all time highs, something will shift soon, and it's likely they will get sold off and money will flow into oversold stocks again. Just make sure you are in the quality ones, and not punting on 10 baggers out of sketchy jurisdictions just my 2c