The very same people who were buying at literally twice the...

The very same people who were buying at literally twice the current price at 2.8-3c when a certain ‘Phuket Guy’ rocked up six months ago pumping JAT are now capitulation selling!

I called out the pump and the pumpers claims given the convertible note and significant debt needing to be soon repaid. There were hardly any other negative posts or downrampers. Now all of the convertible note is gone and the debt is cleared with a net cash position after a number of capital raisings. And we have a thread filled with retail admitting capitulation and an insane amount of downrampers spreading blatant lies to induce fear.

You just can’t make up how illogical, ignorant and foolish so many people are with their investment decisions! They seem to just love buying high and selling low. The only money getting lit up in smoke is from those selling JAT down at these levels IMO.

You can literally see the orders at 1.6-2c getting amended down into the pros. Oversold on the daily/weekly, capital raising selling almost done, retail mostly flushed, etc. so the chances of a decent bounce is now extremely high IMO.