Why? We all warned you guys at $5 that it was severely overvalued, the chart was going parabolic etc etc.
I stated it would close the gap at $2 when it was trading over $5 and I and stand by that claim still.
But as usual the people that could clearly see it were howled down. It happens again and again and again on Hot Copper, people won't listen to common sense, they fight when it is pointed out and then when it prevails they want to start blaming everyone...
The truth according to Hot Copper is this: when everything is going the right way it is a normal market and then when people decide to lock in profits as they should it is being manipulated.
Sorry to say.
It will bounce back, give it 6 months
1PG Price at posting:
$2.93 Sentiment: Hold Disclosure: Not Held
