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You are over thinking the situation. Every stock rises on the...

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Southlander9

3,928 Posts.

17/08/16

14:49

Post #: 18539819
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Originally posted by The Loon ↑

I take those figures are from their highest SP? If so it doesn't take into account any pump and dumps, some rises may have even been on no information at all, just sentiment. One can expect SP to fall from any sharp rises after smart money profit takes at 25-30% or more. Then ultimately drops based on reality of no revenue or disappointment from those caught up in the pump and failed to stop loss before stuck in deep red. It would be nice to see percentages from list price as a comparison to highest price. Each company has it own SP story and this end of the market one will find heaps of huge SP ranges. At least TV2 has started revenue, when and if Divan deal actually drops should bring more confidence with SH's and help future deals knowing TV2 has product that delivers.

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You are over thinking the situation. Every stock rises on the back of a "good story" - but most of them end up the same. It is just an example.

TV2 Price at posting: 2.0¢ Sentiment: None Disclosure: Not Held
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