to those thinking of panic selling as happened last week, tiny volumes of course. Great to see some publicity in the Times (presuming it is a positive article by the first few paragraphs - Im not a subscriber).
I hold my hands up btw to being wrong about it only going up. Was quite shocked by the knock-on effects of a few badly priced sells on friday.
Emed dropped 12% last friday on the Dominion. IMO I thought this would be rocketing with the permits in place. I have a large holding here and have been waiting for this day a long time. To say I'm disappointed with the current SP is bit of a understatement!!
....since I looked at this share. I used to have a decent holding but sold most down, cant believe where the shareprice is now. What has happened? Is this just copper prices being hammered or something else? Any likelihood things might improve? last time I looked progress was being made in licensing, funding was mostly sorted and the asset still looked good.
I did not think anybody would buy or sell on the back of BB comment but I have spoken to many who have done so. Not on the specific information but on the general sentiment. The one thing they all have in common is that they sell with intent to get back in at a lower value and I believe that is exactly what is happening here. Words are cheap and if sentiment is poor some may think they can sell and trigger a fall in a poor sentiment environment and clearly that is demonstrated here by the low volume rout.
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