RE: Georgina Energy (GEX)29 Jan 2025 19:27
"The only reason you wouldn't sell at any particular price is if you thought there was upside and more gains to be made by holding? "
That logic is flawed in a dump then pump, as the upside is being created by the drop... Once momentum is created you just keep it ticking over... ,, at the bottom maybe loan shares to build a position without pushing up the price, then start buying again and support the rise when it weakens,,
Markets are so crooked it could be anything, just need to catch the bottom and hope Hamilton has given the prime reasons for the delay, and not done a DM..
The 1st delay, caught by the floods, lots will have bought then but it did'nt hold...
If there is no obvious selling by CSS then I guess they have forward sold, but being a low volume stock that moves on little who knows....
The big shorts were able to create wild fluctuations in RR and Halifax, so I guess lot smaller outfits can cause a storm here
Yep too much noise