HDY hardey resources limited

Ann: Cleansing Statement & Appendix 3B - Tranche 1 Placement, page-3

  1. 701 Posts.
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    You must be new to investing, not everyone is "out to get you". Here, I'll show you: hdy EXPLAIN.png

    It's not their fault you didn't do research/see the patterns. It's wasn't an inside job. Quite the opposite, it was people protecting their money by putting a stop-loss on their holdings.

    This is what I call a cascading stop-loss (much like a cascading failure) in that when people group up their stop-losses (unintentionally) it creates domino-like effect of selling down.
 
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