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Piapia ,this is just a classic example of the "greater fool theory"

a game of pass the parcel and the last fool(s) holding will be the ones that bear the biggest loss(es)

Whatever happened to buying a stock based on credible fundamentals rather than some tipsheet that "fools" people into buying stocks on hype.

ASIC should be investigating this crowd as their claims are ludicrous and against all ASIC guidelines. Have you read the diatribe that they espouse ? Rampant ramping at it's best.