RE: Confused14 Dec 2024 16:16
Hi Super, The Industry & PI’s on these bb’s are in different universes. Ethel is a very simple example. As you would expect, the system running in the background is far far more sophisticated. The point is that it’s an input cost devaluing process & the stock has been in the process for a good few Months now. The equal short recoups the loss. So your position is sitting at the lower price level without any loss. Industry Professionals don’t make losses. As there is still volume to be worked I expect this to continue. A continuation over time will gradually drop the averages, overall system price & SP by default. If however, as with Friday, PI’s keep buying as the Industry are selling that input value may mitigate the drop slightly. If say the takeover takes place at 20p that stock will be sold without loss. Apart from the DIY PI positions.
Amazingly there is an Industry in the background, Business model. Computer system & programs running on that system. Visual Graphs & the mechanics that generate the graphs, pre programmed trades, none of which is discussed on these bb’s. Although folk here are participants they prefer not to look below the surface.