RE: Geez It's Quiet Today28 Oct 2022 11:34
@Bouncy My earlier post very much said the same with regards to rampers/derampers and private individuals losing out as a result of their posts and whilst there is sound logic to "being greedy when other's are fearful" on occasion you also have to err on the side of caution, more so with the penny shares as in the past there has appeared to be "institutions in the know" before any announcement/placing was made which was then reflected with the selling and ultimately the share price movement and "being greedy" on any such occasion would have been a mistake, however in saying that it is maybe not so much the case with other markets. I also said in that post I hoped our days of that are over so I am not implying it is the case with the current share price languishing at these levels.
As for the likes of H&L, A J Bell e.t.c "being afraid" I am not sure I agree with that entirely as they surely would have higher risk stocks (as they see it) in their funds, such as Chariot, offered to clients who opt for a higher risk fund and I am not so sure they would be looking to sell down at such a time, when as you say "be greedy when other's are fearful" but what do I know, not much, just my thoughts/opinion.
Seems like another quiet start to the day but the price appears to be holding up.
No news is good news? Hmmm mibbes aye mibbes naw :-0