9SP 0.00% 2.0¢ 9 spokes international limited

Ann: Appendix 4C and Quarterly Activity Report, page-24

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  1. 2,103 Posts.
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    Last Thursday I posted "Such is the danger of hanging on to stocks on perpetual decline, need to apply stop loss (Equity Story hasn't yet told people to sell and probably won't!)."

    Jeez, what is going on with 9SP? Another decline of 27% since last Thursday, now down almost 80% from when Equity Story made the buy call (at 10c) and continued to hold. While I won't be buying this, I am stumped by this one way exodus - I would have thought this is way oversold , possible rebound in the offing soon only for more to sell into it.
 
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