RE: Why the 30% Drop???2 Apr 2021 11:17
"If one lesson is learnt from yesterday it should be that all the over-ramping seriously needs to cessate. As nice as some of the characters like JR come across the truth is it is just as damaging to this share as the most determined basher."
I and many others have said the same thing, usually with the result of been attacked by people suggesting you have an alterior motive and trying to pull apart every word you say to prove their narrative. As seen against Parm of all people recently.
The problem with ramping is it draws in a bunch of traders or idiots.
Traders sell as soon as news doesnt meet expectations or they sell as soon as the SP goes up on good news (buy on rumour, sell on news)
Either way its lose lose for LTHs.
Idiots buy in believing everything they are told, join the ramp and then flip as soon as they haven't multibagged overnight, sell up at a loss and haunt the BB forever more.
As for JR, yes he doesn't help, but I do genuinely like the guy. I doubt he will change his spots though but he is not vile and duplicitous like some of them.