I believe that no matter how good the announcemnet was yesterday traders were on the trigger to sell no matter what.
They caused a huge panic and shock wave that meant that other just sold into it like lemmings.
200m+ shares changed hands yesterday, so somebody was still willing to buy them up. 1.2c might be very cheap in 1 or 2 years time....I don't know.
Most people didn't read the report (not saying it was good) just jumped off the bandwaggon when they saw it grinding to a halt.
And the funny thing is nearly everyone on hot copper managed to sell out at 1.7c (well done hot copper lol).
And the best laugh I have has is reading gold bars comments, serial up ramper when he held, serial down ramper when he sold, then more serial down ramping when he needed to get back in as he thought it was going skywards.
Now he's downramping again. Have you enough shares?
Just views on human nature from a far.
carlisle
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