11p seems to be the bottom (the SP has repeatedly bounced off that level in the past. I expect the beginning of the new upward cycle in September. Have no clue when exactly though. I'll let you know when my limit but has been triggered. Then see ya at 22p! :-)
Everyone's entitled to their opinion, Yoda too. Perhaps s/he was simply telling us s/he was going to open a short position? If so, let the force be with you because it's going to be one badly burnt short!