Might the Traders Have Made Their First Bad Sell?14 Feb 2024 11:09
My guess is that people like our Neil777 have traded this share brilliantly until now, buying on the dips and selling on the highs. But we are in a new phase now. The expectation is that the share price sinks to the placing price, but the elephant in the room is that we have something, verified by an RNS, that the big boys likely want to buy into.
I can see a dip to 1.70p and it surging back up again.
I'm sitting and holding, which has served me badly here. Who knows, maybe now's the time for holding rather than folding? We'll know soon enough!