Just a thought30 Nov 2021 18:21
These are just my musings
For my self I am reluctant to sell my shares at a loss
Sometimes I do when it looks like a company is going down the pan and I have to call it a day
With the eternal waiting for a possible sale to go through I’d be reluctant to sell even for the small profit I’d make
So, with a possible rainbow on the horizon who over the last many months keeps selling?
Not someone selling at a loss surely, it makes no sense
The day traders of course, but it’s a risky game
The board can’t sell their shares as the price will immediately plummet
My thoughts are that one or more of the long time holders who acquired their shares at a fraction of the current price are gradually selling them off to get their best price
Some are possibly selling at a 3000% profit bit by bit
Can’t really see why else someone would sell if they had bought there shares at a relatively high price with the end forever in sight
Just my musings