RE: Over Bought ? ? ?14 Sep 2020 23:35
21.30 velo - you are missing the point. GGP is not really a hot stock as you put it, it's merely rebalancing to a position according to the known information released by the company. If you go back a couple of years all the warning signs of great finds were there in black and white. The fact that most investors didn't read the RNS's at the time meant that those that hit upon it were able to their own research in peace and quite before the masses gathered.
Some here accordingly have amassed many hundreds of thousands of shares, some millions, based on that research and were able to invest at a price that was very attractive indeed. You are actually lucky to have hit upon a BB that shares info so freely for the benefit of all.
It's a shame that some of that success has now boiled over with accusations of greed. The LTH's are not fooled by some of tonight's antics. They have been here long enough to laugh at some stupid comments by ill-informed and unresearched individuals. GLA LTH