RE: Can never understand8 Jun 2020 11:42
Yes, I understand what you mean - I just think its due to continual ramping and de-ramping causing the sp to fluctuate. Some people want to hold this stock for massive gains, so they do not sell until their money is at least tripled etc. Others like to make a quick profit so sell when the sp moves up slightly, they sell before it comes back down again.
Depends on the investor as we all have differing strategies.
I have my own rules, I will set a limit on every time.
I use the formula: Amount of money I want back/No. of shares = limit price.
So I might miss the highest sp but I get what I want.