LVT 2.27% 21.5¢ livetiles limited

Why the hell is this price dropping, page-61

  1. 320 Posts.
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    I personally like watching this play out, it helps with my decision making in a reverse sort of way.

    When I see all the new faces jump in and start mindlessly downramping, it gives me the cue that the brokers are hitting all the social media outlets (including HC) to lower the SP in an effort to accumulate. Once their position is filled, a fresh bunch of new faces jump onboard and the mindless upramping begins. Wait till the price rises to a level that plateaus, then watch the dump.

    Common pattern, helps me pick the highs and lows, better than any chart, follow the traders playing social media.

    If you are a long termer who believes in the real value of the company, you just have to hold tight and not get dragged into the game. Or have a little play yourself and make some pocket money on the way to the bank.

    DYOR
 
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