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Prospect, yes, not going to stay in come what may irrespective of actual news and outcomes, but would never be so flakey to sell absent any new news based on the artificiality of no news price concoctions! Struggle to believe in the market gyrations supposedly based on CV at the moment - no evidence of severity of outcomes at the moment. Had a cold and was a bit poorly last week so who knows I had CV and am better this week. Total overreaction IMHO (but with total sympathy for those that suffer poor outcomes as in any winter flu outbreak).
Think your probably right prospect. I think today will have sorted the guys who are in this for the long run, and those in it for quick cash.
Personally i dont see why you would sell this stock at the moment. Everything is going in the right direction and imo the BoD have already proven themselves as competent in taking us all the way. I keep watching the VOX interview with Eyten and for me that says it all!
But hey, each to their own and you cant deny someone taking their bit when they can
Atb and lets see what tomorrow brings!
barnaby67,
The way the MMs (brokers, dealers, etc) did a road kill on BPC today my guess is on the downside the weak longs have been shaken out. Sure some jumped back in but not enough to give MMs good liquidity - not talking about dark pools - so, I guess they have to go the opposite and shake out the weak longs on upside. Those that look at £££ signs rather than position to prove a point in their stock picking. Just a hunch but PIs that didn't sell today when this went down to near 3.5s are not going to liquidate even if it goes down to 0.000001p
Busy all day so missed the downs and ups of the market rigged price trajectory! Not in the market to buy more at any price (ok within reasonable bounds) as have just under 5m shares but won’t be selling a single one anytime soon as believe in the prospect and its potential. Enjoying a beer Chelsea way watching the footy so always have to keep the right perspective as might bet CV quarantined any day now!
Buying my shares when I’m standing on a rig!
Apple and cherry pies lol
If Perseverance 1 rig cost is $25m estimated
That's a 10% down payment draw down.
..or might someone have greasy palms? Lol ;>)