RE: Shares held15 Oct 2024 08:25
There have been lots of posts over recent weeks stating that this or that is happening regarding share holdings. Usually with great authority.
The reallity is that none of us so far have shown that we can accurately say that over a given time frame companies x,y or z have sod a,b orc amount of shares.
It LOOKS like more than one institution has been selling and that these shares have been taken up by private investors through their brokers suvh as Hargreaves, ii, Barclays etc.
We are now speculatting that one institution is close to having sold up and this will alleviate selling pressure in the very near term. Hopefully this will be correct BUT assuming this and encouraging others to buy on this speculation is misleading.
Fingers crossed the turning point is close. I DONT KNOW if it is and neither does anyone on this board.
We do know the fundamentals, we think, and that is where the positivity lies. We are all long term holders now, by dint of circumstance, not by design, in most cases. Add a bit each week to average in, only risk what you can afford to lose. GLA.