RE: RBD - huge opportunity and value at current levels8 Dec 2019 16:42
That is a good question Iamnotananalyst. My hunch would be that some have become frustrated at the slower than expected pace and sold. I saw a few posts saying people had sold at a small loss recently and if anyone does not think the share price is going to continue up, then they should consider selling.
I have said a few times now that I am not telling other people to buy, just saying I am a buyer while the price is down here and given a few of my reasons for doing so.
We all have to make our own choices and we all have our own lifestyles that sometimes have an impact on our investment trading choices. Others might want to wait for confirmation in the change of direction, or further information from the company or maybe they just want to buy something else. I wish them all good luck.
Some like myself are happy to buy now, given the likelihood that the price being worth more in the future. I have always liked the company and missed holding the stock when I sold last time, but I am not here to guess the tops and bottoms and as this is my full-time income my reasons for taking positions or closing positions are sometimes different to others. I am very happy to get the opportunity to get back involved here as my previous posts said.