And my 'bfd...'29 Jan 2024 18:20
My point was that folk who bought in at 0.6 or better think they're god's gift to investing and, in this instance, have endlessly pumped the share since december, trashing more reasonable (one might say cautious?) posts suggesting that the news rarely materialises 'next week', even though 'next week' eventually comes true. you can argue it's the same for calling out dips too. but if you look at the trades, last week's spike was just based on 'it's COMINNNNNG' euphoria whereas last few days have seen more big sells than buys. might just be profit-taking. might be something more. it's not mm's playing the trades. and, until news comes sp could still get chipped away, admittedly, spread makes it look worse. can't see it fall below 1p as spread will still mean the buys're likely to be 1p+. but, if you're going to add, at least wait until the drop is worthwhile. no point adding on a %age drop smaller than the spread... better to wait on news and pick up the rise? personal choice. but the incessant 'love-in' was a massive pump and you can see noobs headscratching and wondering where the news is. might arrive in the morning... might not but if you've the time, watch the trades to look for clues, rather than just follow rampy posts from those already well in profit: they can soak up a drop, now investors, not so much. and you can't say that even the rampers aren't trading the highs, anymore than you can say the dips are traded by yours truly!