This was a classic pump and dump scenario. Question is, who was behind it? There were no sustainable profits to be made here.

Wazuans, why is everyone scampering to the hills? Has Scangroup released any new information to warrant this massive decline today? It is doing an Eagads. Wooiye.........for those of us who bought at such ungodly prices.

@kasheshe I wrote that and a lot more when the stock started its run from 55 so if you bought at those high levels of 70 then you must fry like no other goat has been fried..

Especially since I and almost every other wazuan told guys to keep off the stock

When this stock was on steroids, greed was the driver, unfortunately fear took over.

I have been taught by NSE that when you see the greed overspeeding an NSE vehicle, fear is soon going to take over and drive to the opposite direction so fast that only a few passagers will notice when it turns. The chance of being among the few is very thin. Avarage speeding vehicles are safer.

A good company, yes, it is, but not at 70 bob! This is a valuable lessons to some of us who want to thrive on momentum trading. Not easy. we will get scan in the 30s.