where to next?, page-836

I am baffled by the trading of AusCann shares on the US OTC market! How the hell they find enough traders to generate the volume of about 1/5 or more of AC8 share volume on ASX through the kind of trading done privately between traders looking up on OTC listing. AusCann is now pretty bearish there from the view of the yanks. They probably follow more on the chart than the news. I posted before about one mob saying that AusCann would become worthless by Aug! Obviously it's impossible for that to happen as they have just over $40 millions in the bank (soon will be under $29 millions). The share price will keep bleeding every time this, without-a-CEO, company announces insignificant news. This kind of silly news trickling out will just hammer the share price further as it just reinforces the idea that there is no real product and no real development. As investor looks at the cash position falling every quarter without even news how exactly the money is spent, it looks very grim!

I have pocketed some more with WiseTech and parked my money on the banks and lithium. I have the cash to play but I am questioning myself on AC8. Would it make sense to play this around 35c (if it would get to this in a few  weeks)? Will some suckers at the funds be willing to gamble millions on this. Their jobs could be on the line if they make a mistake. I guess they always have tools and check/balances and they will use stop-loss orders to limit the damage. Forget about the retail investors. Most are now so much under water with this stock that only new unsuspecting  ones would be sucked in.