Well what makes you think it applies in this case to a purchase of 11 mill shares was it one trade on the same time stamp? Historically i could show you many examples of the same thing in lots of these specs i have owned.
Not much changes unless they get lucky and actually find something of value and even then most get flogged down on news even if pretty good announcement and the forums are always littered with posts of we going to be rich on the way into the announcement and punters pile in and we been robbed after the announcement as the smart moneys sells. the smart money is usually already selling into the we going to be rich crew anyway pre announcement and then buying from the we been robbed guys as the price drops back towards a good entry point.
Because that is how the game is played mate and unless they find the mother lode i cant really see it changing soon around here.
CR
MRD Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held