Reading these forums and the fact that the share price rather than the fundamentals is what most seem to be relying on for their sentiment, it's not hard to see why.
The real institutional shorters use forums like these to get an indication of retail holder sentiment and can react accordingly to their benefit. People airing their issues does not help and despite the opinion that you cant affect the share price by posting here it has more uses than most give credit for.
The snowball effect we see as so many "LT" positive holders sells out and quickly becomes a negative addition to the forums for their own gain is my biggest pet hate. Humanity at its best and something that, no doubt, the shorters rely on to hammer home their message, which in this case is utter rubbish. But, sadly, as is usually the case, they throw enough and some sticks.
Hot Copper really needs to step in and stop the blatant Down ramping and the blatant "its going to the moon" upramping. Instead they choose to ignore most of it believing it creates a "balanced" forum. Pretty sad really, this GXY forum was, even if only one of the minority, one where bs was quickly snubbed out, no matter which side it came from.
But oh how things change.
Reading these forums and the fact that the share price rather...
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