RE: Why are II's selling24 Feb 2021 19:21
They have a sell trigger, and that was reached a while back.. they follow set rules and once trigger is passed...the broker will offload. They live by these rules no matter what... they're not interested in £10 coming or not, which may sound stupid, but they do a lot of research into hopping from investment to investment, (as a hedge), collecting their percentage regardless... that way they guarantee a profit, (to a degree).
In this way the human emotional element is reduced, such as most PI's have... such as "ooh it's rising...let it rise...how high can it go"...or, "Ooooh it's falling, I'll hold, I should've sold when I had the chance, it's gona go up again"... and such the likes of!