Must read- down ramping, page-2

Peliatan,

I agree 100%. One has to be very careful. I have known certain posters to follow this practice of constant down ramping. Continually talking the same negative message . Forever rubbishing management, forever asking questions that they know CANNOT be answered by the broader community but in doing so are trying to undermine what management are trying to achieve.
They can be very calculating in their way of trying to put doubt in the minds of shareholders.
Their motive is obviously trying to create nervousness and stress. After all we are talking about shareholders hard earned money.
We saw it last year when the stock was being sold down to 1.5c because a group of about 3 or 4 were forever talking of VRC going into administration, not being around in a few months time etc etc etc.
We don't hear from them any more Peliatan. They have all gone to ground. But they did their absolute best to create panic and unfortunately they probably succeeded in scarying some shareholders into selling their stock.
I did my utmost at that point in time to try and keep some calm. But it was a challenging time none the less.
What motivates these people in spending so much time on doing such things is an interesting question. One that I cannot answer.


Have a good weekend all.