RE: GST1 Sep 2023 09:49
Splatted, even you will have to accept that the rises of the past week will have attracted folk who have no clue about the company but will just jump on a bandwagon. one person who comes to mind is that poster ria. something or other. these are also the people who, if the rise stops, get out and look for the next riser to hop on board to.
there are so many folk who have no real understanding of what a company does but whose 'dyor' is just reading these boards that it's inevitable that, when an sp takes a breath they'll get out, because they know nowt about it.
as for credibility, i'd say the fact that the sp HAS slipped -barely but it's there and we can all imagine a pschological rounded support level -just makes the posts more accurate than most this morning.
it's irrelevant to the longer term path for the sp but, if it hwlps some new folk get in without getting spiked immediately, i really don't see the issue.
we all know prices don't just endlessly rise. if they did we'd all be millionaires...