June 19 to Jan 20 believer's hot air amounts to nothing, page-153

Took advantage of the carnage the shorts caused with NEA & GXY @ .88 cents buy in on GXY out at $1.18 happy as a dog in a forrest. GXY just like the hemp stocks that had a good run and were over priced on the run over 4 dollars. Shorters target any tulip boom.
Nearmap was over prices but people were looking at were NEA would be in USA in a few years. If you brought into NEA for this reason stay strong and ride the wild tiger.
The spike to $4.29 was caused by managed funds buying in when it reached ASX 300 and ASX 200 retailers are just caught in the middle ATM.
Not managments doing but Mr Market.
We were not in the newly established ASX Technology sector when we got into the ASX 200 - 300
Many of these funds would have been set up to only invest in Material sector. So lent out their shares.
This is why allot of shorting has been going on as they had to sell to be in line with their fund and whacko the chook
10 mill downgrade and they have an excuse to all sell on the same day you only had to see the drop at open. Over reaction
but a well orchestrated I just saw 41% growth Year on year in USA was not fazed by downgrade as it was out of Nearmaps hands,
its not the fundementals of the business the shorters are playing like the lithium and hemp stocks that got to dizzing heights.
Nearmap was a victim of circumstance with the Technology sector inclusion.
Someone commented that only 50 million is a concern.
These guys are very good with there money look at last raise at 70 cents how far they have stretched those dollars.
Have a good day and dont sweet the small stuff.