Everyone should contact the FCA. Once again the lockup shares have been unlocked forcing the price down The oversight is clearly linked companies giving the ok to unlock This makes the locked up element of the prospectus misleading All in my opinion but if the FCA get enough comments they are more likely to look at it
What do you think is happening right now?17 Sep 2021 12:26
The most likely scenario is that funds started buying this week as a result of the FTSE250 entry, their algos are buying but not at any price, once they hit their limit, price is carried on by retail thinking this is about to explode and just keep going, 850-920 reeks of it doubt there are any funds buying at that level, so when retail are all loaded up price retreats again, rinse and repeat until the algos are done for the day then it will retreat further leaving those that bought above the algos sitting on losses, so panic and add to the downside as they sell out at a loss. Algos then start again lower the next day and so on... Then they go tell themselves they will never do it again.... but do.
Charles, everyone has their own way but if it helps... a) try and avoid being greedy b) whatever the current price is think "would I buy in here?" if the answer is hell no, then consider if it is a selling point, because to go higher it will need people queuing up to buy at that price still. c) SP never goes in straight lines taking some off, and adding back later is making sure you bank some profits d) you will never get the top by observation, by the time you know it is the top price will have pulled back.