To come up with some informed opinion on our resident downramper you'd need to go back a few years and read all the posts made by himself and his "friends" . I'd start with his posts made around March 2012 when he was the proud owner of NTU just bought around 55c and held for almost a year before bailing out at over 60% loss.
https://hotcopper.com.au/threads/over-price.1437717/page-65?post_id=8343166#.Wq3NlK1x2is
I guess he bought the gap at 55c
https://hotcopper.com.au/threads/in...get_post=true&direction=previous#.Wq4RYK1x2is
then a year later got out
https://hotcopper.com.au/threads/rights-issue-out.1943837/page-9?post_id=11467356#.Wq3Ldq1x2is
and has been downramping NTU ever since.
From his posts at the time I'd guess that his TA told him he could buy into LYC at $7 and average down his initial $25+ buy then ride it back to $25+ and make a motza in the process but as it sometimes happens the stock you just sold holds or goes up and the one you moved into starts sliding. In this case LYC went all the way down to 30c while NTU held up pretty well considering the fall in RE prices. You could say it was what started it all and left him with a need to prove to himself and NTU investors that his decision to move everything into LYC was right and NTU SHs wrong and he reason he spent the last 5 years wasting thousands of hours putting down NTU and pumping up LYC .
Anyway, it seems to me that you are not too fond of downrampers yourself and if you thought a couple of negative posts was downramping ,
https://hotcopper.com.au/threads/an...062358/page-121?post_id=31820110#.Wq3HW61x2is
then you need to go through the last 5 years of constant downramping and snipping that NTU SHs had to put up with from this particular poster and his sockpuppets to see what real downramping looks like.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 6572864 | 2.0¢ |
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Price($) | Vol. | No. |
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View Market Depth
No. | Vol. | Price($) |
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1 | 100000 | 0.082 |
3 | 26500 | 0.081 |
6 | 683055 | 0.080 |
1 | 102400 | 0.078 |
Price($) | Vol. | No. |
---|---|---|
0.084 | 125000 | 1 |
0.085 | 2235656 | 8 |
0.086 | 308648 | 5 |
0.087 | 418480 | 5 |
0.088 | 398808 | 3 |
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