RE: Morning all23 Jul 2025 09:24
SP has dropped simply due to investors selling and markets playing the game. Theres no down pressure from shorters, sellers. All sellers (not investors) will take the little gains.
Last few days since Friday we have had more buys than sells alot more. Just like this morning and some suggest thats downwards pressure by more buying than selling really?
The MM's (CMC ) are manipulating the SP. For wat reasons who knows, greed is a funny mistress.
If results are bad will you all still be here after the release? Or should you have sold this morning?
As for some saying they call it right, you can say anything after with hindsight. If said people got it right then if you bought in at 1.9p you obviously didn't using your own reasing.
3.6p spike was just that ramped up by CMC & Co. Remember certain post started to say things that were not actually on any L1/L2 screen. They were part of the placing. Just like 2 weeks ago when we spiked 23%. All shares drift back (pull back) as investors/traders chase other rainbows.
The issue is will you be able to buy shares when the SP rises. Who can make just the same or even more and sell without waiting for news if you build a postion.
Lets see what happens.