RE: 100 posts13 Jan 2025 20:29
I haven't gone through any of the post but having skimmed through most, there's some long terms holders who are clearly frustrated with the direction of travel with the share price movement. Some dreamt about returns and comparing to likes of RR, others have held for number of years to find share price has moved backwards. And there's others who went in for a quick trade or a bounce trade and are left hanging. Many are going to vent their frustrations or cling on to anything that is going to support the price to reverse this downtrend. Some people don't want to add good money to bad and others are over exposed. With the market going through correction, more and more stocks hitting near the 12 month certainly putting this sector widely out of favour. Lack of news further add to the frustration. Not even big players seems somewhat interested. The recent short report have seen soo many stock where shorts have increase showing signs hedge funds are taking position in anticipation of market correction. I think its a shorters market at present and those holding cash , are sitting quite pretty. Macro and micro is worse it can be leading upto inflation data. The price hovering around 13.20ish is a bad place to be if all of a sudden market dropped. It could set news lows at these level. That's the concern. That's the risk. Cash is King, nofear, savage, and those on the sidelines currently sitting comfortably risk free. Its never a nice feeling when ur feeling the full pain of the drop seen here. Imho
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