RE: STOP THE ROT14 Feb 2022 18:00
The position we are in is complex. I have no agenda-unlike some posters who want to influence readers. I only want to clarify what can be clarified.
1) We have a seller with perhaps 5% to go. If he doesn’t raid Nemean Assets, then 2% so watch out shorts.
2) This could be a couple of months.Why release data at this dreadful share price with a continuing seller. Delay it as ling as poss..A suggestion.
3) As and when share price rises, shorters may panic . How nice. But short term buyers will also lock in profits by selling and hence pressure price down.
A fine balance until all have sold who want to.
4) Markets do not always rocket on good data. Remember this. MM’s want to buy at as low a price as poss and sell at as high as poss. If lots of buyers, they have to raise price to release more shares from sellers, but want to acquire these as cheaply as poss. A share tends to plummet on bad news far more quickly than it will recover.
Usually.Mm’s also don’t like p/i’s making profits. The idea is to buy as cheap as poss and sell as high as poss, then drop price if poss.
5) One needs to have superhuman patience when a share has dropped this low. Recovery is almost exclusively languid. They genuinely want you to sell out of desperation and boredom and lack of hope. Prime market tenet.
6) It works well!! Books are wriiten about it. Tactic used since Gt. Depression. It’s why mm’s drop to set off stop losses then raise. Desperation is their friend.
7) 4D communication is poor. Period. No excuse.
8) To expect a recovery soon is ( only imo)
fruitless. Flog and flush away tour money or leave. Seller still here. Shorters still posting tosh. Bad market environment atm don’t forget.
9) Plus side:- directors have stake. And Merck. Data all been good. Many irons in fire. Oxford were impressed enough and the necessary thresholds are low. But recovery ain’t gonna happen in this environment…seller+ shorters+ downer on bios + Ukraine.
10) Sit it out and hold in pain knowing you are one of many . Or give it away and live with consequences.
Disagreement on any of these is fine.
Meant to just say it as I think is correct and to be maybe/maybe not of some support.
But imo it is foolish to expect fireworks as seller is relentless. But he will eventually run out. And someone is buying them.
This is not the whole story. Just one take on some aspects. If of help, great. If not, ignore or be selective over what you buy into or do not.
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