Not a sledge, but almost the exact same comments about “last of...

Not a sledge, but almost the exact same comments about “last of the selling”, “someone accumulating”, “time to pop soon”, and so on, were being said at 12c, 10c and 8c. Now they’re all being repeated at 5c. At what point does this thesis break down? Will we hear all the same comments at 4c too?

I think you guys need to familiarise yourselves with the fact that algorithmic bot churn trading happens all over the ASX, it’s not a sign of accumulation, manipulation or any other such thing. Be careful reading too much into it, and thus averaging down into oblivion. Every microcap on HotCopper has some punter repeating this stuff… yet those ‘becoming a substantial holder’ notices never turn up.