thin trading and day traders

I think that over the past 2 weeks heaps of people have been at home gambling on the stocks like FDL and FMG. This has added heaps of liquidity to these stocks and made the speculators belief self-fulfilling.

I wouldnt be surprised that the recent runs in FDL and FMG are all unwound and then some over the next few weeks as all the people who have been driving these stocks go back to their real jobs. They will all sell at or around the same time, the only ones that keep holding on are the ones driven by greed and rose tinted eyes.

FMG will probably hover around because they are actually building something but if they are late on the May delivery dates for the ore and keep the market waiting watch out.

As for FDL, when the liquidity goes so will the share price. It is very similar to the 2000 tech boom, and i have heard the "its differnt this time around" a million times before and each time the only thing different was the sector everyone was trading.