People get sucked in to all the downers (who some of us suspect are behind mass accumulating, constantly showing on t50 proof).
People also forget that nothing has changed - other than getting closer to big revenue news, and 6% dilution - since early December, yet the share price more than halved since low-mid 3's.
Things WILL change very quickly.
I know some people who are saying they will sell some if/when it gets back above 3c, but they are the same people who have said that many times over the past 1-2 years, and have NEVER sold when it again goes above 3!
People whinge non stop on HC, saying the same thing.. they'll bail if/when they get their money back, blah blah.. same old tripe as always.
As soon as the price starts moving, EVERYONE gets excited again, and suddenly isn't selling anymore! WHEN big revenue news hits - hopefully very soon now - the price will spike, and I can guarantee most, if not all those people will again be solid long term holders aiming for 10c, then 20c.
Why would the price go any lower? The following is all my opinion, but surely the pro's have got their reward for crashing the price to stupidly undervalued current price, and not only can we expect a pump, we can expect several rounds of big revenue and other news, according to the recent update - which was stating "WITHIN WEEKS".
Don't be surprised if we see news this week, before Easter, and/or the following week.
Also don't be surprised if we see some buying ahead of news, some big players getting things moving.... and watch the "I'm selling when I get my money back" crowd, suddenly change their tune once again.
For those posting rubbish like "where's Holla, I hope he's doing ok"..
Don't worry about Holla, he's busy working all week, instead of sitting on HC all week like some.
I hope people who hardcore up ramp Nor, then down ramp when they sell out to buy AB1 and hardcore up ramp them are doing ok, considering that drop since buying. Might've been worth holding Nor.. especially if they do deliver news any time now, as CLEARLY suggested (and dismissed by the downer syndicate) in the market update.
The usual downers can keep dominating the HC thread.. but when the long awaited revenue news finally starts arriving, and share price momentum kicks in, more news flowing, big banks and other corporates getting on board... it's not a matter of getting back to 3c..
Either 1's or 10+ in my opinion.
Downers will hark up..
but $200m MC is nothing if a few $1m+ revenue jobs are locked in.
Oracle regularly buys these type mobs for $1b.
Still, no talk about Nor being selected by Oracle?.. (first page of market update).
Because the pro's hold the price and push it back, people assume that alone isn't massive news?
How many people are sucked in by the 2m order than is always stacked a couple of points above the current price, never selling a share, but always amended down as it helps push the price lower?
Anyone notice it was pulled Friday morning from the 1.6 queue?
Will it reappear this week, or has it done its job, and we're primed?
Hopefully we do see android Wifi this week, as they previously said "later Q1".. although, have come to expect nothing is ever on time. Would be a pleasant surprise for once.
Then we start talking Affinion... full suite, major credit card mob (surely MasterCard).
We know Visa are awaiting..
Hopefully the usual pest that replies to every post of mine and keeps saying they're taking a break (and returns flooding the thread within 24 hours), can resist replying.
Bring on a good week ahead of the Easter break
Add to My Watchlist
What is My Watchlist?
