Australian (ASX) Stock Market Forum

Popping Festering Cankers

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over9k said:
"In response to your correspondence dated {day} {month} {year} regarding an increase in the Company’s share price and trading volumes, the Company’s response is as follows.

1. The Company is not aware of any information concerning it that has not been announced through the ASX that if known could be an explanation for recent trading in the securities of the Company.

2. Not applicable.

3. The Company is not aware of any other explanation as to why there has been an increase in trading volumes and prices of its securities.

4. The Company confirms that it is in compliance of Listing Rule 3.1.

5. The Company confirms that the above response to the ASX queries have been approved in accordance with its published continuous disclosure policy."
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This response is a template that every Popping Festering Canker keeps beside the fax machine (they all have fax only machines) for sending to the ASX.

gg
 
Garpal Gumnut said:
This response is a template that every Popping Festering Canker keeps beside the fax machine (they all have fax only machines) for sending to the ASX.

gg
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Ahahaha I genuinely laughed out loud at that.

Inb4 insider trading charge >_>
 
I am of a mind to start an Education Program for traders in Popping Festering Cankers (PFC).

Graduate Diploma: $9998.00 (or equiv in Crypto)
Masters :$19998.00 (or equiv in Crypto)

Online Certificate : $500 (or equiv in Crypto)
Gold Embossed Gilt Edged Certificate made from Eco-Cotton : $2500 (or equiv in Crypto)

The Sovereign Citizen University will run a Summer School in 2021 in Cabramatta NSW.
Free for all enrolled in MPFC, $10000 (or equiv in Crypto) for those enrolled in GradDipPFC.

The SCU is a non-profit charity incorporated in the Cayman Islands.

gg
 
I was researching for a stock in the festering microcap end of the market to enter for the ASF monthly competition.

I think I found one that is worthy of the type of stocks being posted on this thread. Here's the chart of Intellihr Ltd (IHR):

upload_2020-9-1_0-6-18.png

I did a bit of digging about and the numbers are actually good for this little micro tech, doing well in the pandemic environment according to the latest report:

upload_2020-9-1_0-8-26.png

Hopefully does well in the Compo :nailbiting:
 
So it's screamed, pulled back, screamed, pulled back, then screamed again.

So we should wait for another pullback I guess.
 
another classic riches to rags story, then get the second breath

Weebit Nano WBT .... took over a rusty iron ore company in mid 016, went nowhere till late 2017, surged then fell back (lower lows, as they say), only to get a recent entry in the beauty parade
upload_2020-9-1_7-57-15.png
 
Do you follow it? If so, got a cliff notes? Is it a dead cat bounce?
 
Dona Ferentes said:
another classic riches to rags story, then get the second breath

Weebit Nano WBT .... took over a rusty iron ore company in mid 016, went nowhere till late 2017, surged then fell back (lower lows, as they say), only to get a recent entry in the beauty parade
View attachment 108504
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How many of these potential Buster Scraggs companies are there on the ASX atm?

gg
 
Garpal Gumnut said:
How many of these potential Buster Scraggs companies are there on the ASX atm?

gg
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Yeah man, I was wandering the same thing. This reminds me of the spec feeding frenzy seen in the pre GFC mining juniors... Any spec junior that mentioned they were going walkabout looking for big shiny rocks in the outback went straight to the moon... back then :sneaky:

At the moment spec stocks seem to go straight up too generally, hardly having any pullbacks ! Can't remember when so many did that... New normal or something sinister ?
 
aus_trader said:
Yeah man, I was wandering the same thing. This reminds me of the spec feeding frenzy seen in the pre GFC mining juniors... Any spec junior that mentioned they were going walkabout looking for big shiny rocks in the outback went straight to the moon...

At the moment spec stocks seem to go straight up too generally, hardly having any pullbacks ! Can't remember when so many did that... New normal or something sinister ?
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Exacerbated by High Frequency Trading. The pop is usually at market open. And the smaller the MC, the more likely
 
Seeing as the other guys didn't want to post it:

BRN-Weekly.PNG

Info:

lucifuge1968 said:
AI expressed in terms of traditional neural networks are mathematically and computationally expensive. Usually requires a lot of data in order to 'train' a system. So lots of data and time are required. They have their place to be sure but there are different approaches. Enter the Brainchip approach which uses a 'spiking' neural network. This approach closely follows/mimics biological neurons and are light on maths, very low on power and require considerably less time. One obvious example might be license plate recognition.

Also, traditional neural networks require a computer, software and significant data model training. This spiking neural network is simply on a chip! If you can appreciate that then the possibilities are insane. Very exciting technology.
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I feel like it's another one to throw a minimum trade at & see what happens.

Edit: it's run another 10% this morning and counting. Let's see.


edit 2:


aus_trader said:
Yeah man, I was wandering the same thing. This reminds me of the spec feeding frenzy seen in the pre GFC mining juniors... Any spec junior that mentioned they were going walkabout looking for big shiny rocks in the outback went straight to the moon... back then :sneaky:

At the moment spec stocks seem to go straight up too generally, hardly having any pullbacks ! Can't remember when so many did that... New normal or something sinister ?
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The equivalent now would be any company chasing a vaccine.
 
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It's one to sit on IMO. Anyone who knows anything about any product development knows you bleed cash throwing money at it until you have it ready to sell and then sit back & watch the money fly in once you can actually get it to market.

Not one for the impatient IMO.
 
Have been holding OAR (Oakdale Resources) for about a fortnight now.
Selling at $0.014 would be grossed 100% profit. Not selling, will hold, let it fester further and catch on the pop.... well, that's the plan anyway. DYOR.

Screenshot_20200903-122746.png
 
Strange that it didn't bounce on the day(s) of the two announcements. What's up with that?
 
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