"If you want to be real about it, what makes this stock worth 60% less on Wednesday than it was on Monday ?"
Sheep like analysts and their media and institutional cohorts. They collectively create panic and don't care that they are burning their clients investments.
An institutional dealer once said to me (at the 19th hole at RQ, full of pi$$ and bravado)"I don't give a fruick whether the investments perform or not. I just want to write the business and get my end of year bonus". This was the first time I met this imbecile at a corporate golf day. I've never met him since and don't wish to.
Mum's and Dad's super is tied up with these sorts of people.
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