RE: Garymbrock26 Jan 2024 17:24
beardozer im not getting into a ****in match with you or anyone else, but on the day of transformative news (here or elsewhere) if you think people don’t try and turn a buck, and turn up even though they have no long term view, little to no research, then i find that amazing.
whether i articulated it properly i’m not sure … but i was meaning it is impossible to see where short term this was going to settle, and how far it would retrace (seeing as we were at 0.14/0.15 only two or three weeks ago).
mm’s will walk things down, (which they have) to flush weak holders even amongst lth … but on such a busy 2 day trading timespan as we had, with such a wild swing it’s difficult to strip these traders out when trying to judge where we settle.
from your previous posting history i have the same thoughts as to where this is heading, we should go way higher (and already be valued way higher).
those traders work on skimming 10/15% …and therefore my point was any fair value, or where this is heading in the following few days is bordering on impossible. (for me anyway) …. in seeing, but it wasn’t going to go up in a straight line.
once the few days have passed it’s much clearer and i believe this afternoon we have started to see it heading towards where we expect it to go. for the record on this latter point i have total agreement with your view, and wasn’t deramping.