fear always greater emotion than greed, thats why markets crash...

fear always greater emotion than greed, thats why markets crash down and not "crash" up with the same price action. Yesterday had all the markings of a volume blowoff at the bottom of a selldown, just use these hotcrapper threads as a way to measure emotional sentiment, thats the only purpose i use it for. when things are the most bearish is usually when you see a bounce.

This is classic price action (nothing to do with the specific company or its FA) , stock over the 40s was too high to attract new buyers (buyers liked it in the 20s to 30s) so the buying dries up, then the sellers sitting on these gains see some sell down start to happen a few days ago and the only way to compete with other sellers on a dry up of buying is to lower their asking price.

Add in some hotcrapper posts of it must be a leaky ship (assay timings used to fuel that classic line), next door has got nothing, this thing way too over valued (purely an opinion), its a mighty pump and dump, management must be dodgey, etc etc and whola you have retail heading out the door in a typical sell off fashion.

If amateur retailer were really great at trading markets it would be your primary source of income, if it isn't, now just think how you go against those that do this for a living.....!!!! oh thats right the ASX is rigged !