CDY 1.43% 7.1¢ cellmid limited

G'day @Pharmargeddon,there is no point in arguing with the...

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  1. 3,322 Posts.
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    G'day @Pharmargeddon,


    there is no point in arguing with the muppets planted on social media to spruik their dribble.  The market activity should not be correlated in any way to what the company is "actually doing".


    yesterday afternoons was a standard market manipulation technique that laughingly is followed by the braying muppets....as we have seen.  As with all markets processes, patterns, spruikers and manipulators follow the standard playbook of "algo" manipulation with fingers pointed at management, the market and that crap.  this has been undertaken in so many high growth micros that higher value and Insto traders realise they need to get on.


    @rocket   the market may well be pushed down in an effort for manipulators to accumulate more stock.  It will then bottom and rapidly turn around with the coincidental disappearance of the muppet narrative.


    for me its all about opportunity to add, wait and go fishing  

 
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