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sangabang

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18/12/20

08:55

Post #: 49670311
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Originally posted by IsdHope: ↑

Hi Mikesheen and Others,

When I suggested that you could consider buying SPT shares on Wednesday morning at 9.53 am before trading reopened because I lodged an ASX complaint with the company and ASX, I was merely pointing out to the fact that I did a similar act with a share called Bradken and it went up 15% in 2 days so I was confident that it could happen again. Did I know that it could go up 22 per cent in a day - Of course that was far beyond my expectations!

A few kind persons on this Chatroom have thanked and praised me for the efforts that may have caused the price increases. There were others who were critical and accused me of claiming responsibility for the price inceases when other BNPL shares also went up on the same day. My response is as follows: Firstly, we have been talking about this share for the last 13 days or more and yet it declined every day until I lodged an ASX complaint - so call it coincidence or luck - the prove is in the pudding. Secondly, it's true that most BNPL shares have also gone up on the same day but apart from OPY, none of them have increases by 22 per cent. So I rest my case.

You can call it my Effort, Luck or Coincidence - it really does not matter. We all benefited from the share price increases and we ALL should be happy and more relaxed for the share price gains. It really does not matter to me for your claims against me that lodging an ASX complaint does not make any differences to the share prices but it does on this occasion and that is what matters at the end!

Cheerio,
Isdhope

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Isdhope,

I, for one think the SP increased was due to a combination of several factors; was being overly sold over the past few days hence a retrace. Accumulations at these low prices. FOMO. Speculation of impending big news (partnership etc). Usual day to day ASX trading.

I’m afraid complaining to the ASX is 100% not a factor for the increase in SP. This falls into the realm of wishful thinking, rain dance, placebo affect.. choose your pick.

B - for effort though.

SPT Price at posting: $1.24 Sentiment: Buy Disclosure: Held
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