EHR earth heat resources ltd

Dear Me bizzboy - I think you might actually find there is a...

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    Dear Me bizzboy - I think you might actually find there is a direct correlation to the number of Hotcopper followers to the direction of sp. THe more followers the less likely the sp is going to rally.

    It is a common gauge in FX markets called the 'Surprise Index" - They base this around a number of good announcements exceeds market expectations for the next announcement and vice versa - hence the general market is disappointed or surprised which effect FX movements.
    You will note on HC when there are a large number of posters on one stovk the cup runnest over and the expectation is wildly positive. Any poster suggesting even a cautious approach gets shot down in flames.

    So then we come to EHR and other 'not so loved' stocks.
    To me its a perfect time to buy and/or accumulate (if your own research says so) because the herd is elsewhere.

    But please, but please do not suggest not buying a stock because it does not have many HC followers. I have now heard it all.

    In fact the large buyer of stock would not even bother with HC.



    Spozzie

 
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