Fact is Negative posts on Hot Copper do cause share price to be damaged, especially when waiting on news and the punters are a little edgy.
The previous thread, "Ann: Update on Cobalt Offtake and Funding Negotiation", which just happens to be full of downramping and otherwise negative posts has had a meager (sarcasm) 23,754 views, and you claim it could not have affected the share price in any way. Come on, get real, those 23,743 views were possibly current or prospective holders, who you have enlightened to the obvious perils of investing in spec stocks.
So we have a sell down today with a fair amount of volume through, the scaremongering has worked. Yet, someone must think 20c-21c was good value, 3.23Million shares picked up cheap. Tell me why would anyone be buying if they didn't believe this had potential?
I just love the comment "blaming posters for a poor performing stock is scare tactics", who are we trying to scare? I think it is the negative posters trying to scare the current holders into selling.
Beware the downramper trying to buy in cheap!
CFE Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
