RE: Drop.24 Jul 2020 14:23
bdcarr I am the same, I have no spreadsheet, I dont presume to think I am smarter than traders who do this day in day out. I buy shares, top up when I can and wait. Yes I see other people selling in one place, timing their entry, getting a 20% here or there, but I also see people getting spiked and losing just as much.
IMO Hemo will come very good for me very soon and I will be very well off because of it. I have patience and I am not worried about my investment. Might happen in a week might happen in a month or so.
When I see the SP drop I like to see whats going on and time and time again its always the same (bar a 100k sell 2 days ago which was an outlier) MMs drop the price even though there seems to be more buying than selling, everything looks like a sell even though half are buys, then few hrs or a day or 2 later there is a big buy.
As time goes on the investors with smaller holdings who may have a big portfolio seem to be selling hemo, you will see more an more sells of< 50k shares. But then there are more bigger buys in blocks of 50/100/200k sizes.
Investors who have alot more time/money/expertise are buying and holding Hemo so I think there is more chance of Donald Trump joining MENSA than me losing my investment here.