hi tkc,
i think they are a self-selecting group of weirdly uncritical people. yes, some of them are spectacularly dumb. others appear more artful.
at any rate, within the week the remaining rump will be chivvied and bullied back into the fold.
the main wave story is all about dilution. some people think it may end one day. but there's no necessity for it to do so.
so long as there is a shred of hope, shares can just keep on getting offered at ever lower prices.
the winners are the folks who get the cash. wave stock is approaching zimbabwean levels of inflation.
it's kinda obvious that to restore the currency, you need a credible management. these folks ain't it.
so long as the blind corner of success is believed by enough folks, it continues.