With such low volumes I think those sorts of posts could make a difference.....it is quite possible on some days that all sellers were Hotcopper readers.
I have seen a "monkey buy" post from Macrae12 turn a panic sell -25% on Mak into a buying panic which totally reversed the 25% on the day.
Coincidence?
each to his own....i know what effect 50c price target has on me, and can only imagine a few other people think the same way....whether its a legit target or not is not the point...its enough to start you wondering "what if?" and "maybe i should sell now, just in case, and buy back later".....if a few people act on those thoughts, others (HC readers or not) see the sell-side stacking and the lemmings drop begins.
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