RE: Support level here on the daily guys.13 Aug 2024 10:08
ILS is a day trader that we do know, whether or not he makes anything, well who gives a flying f*** if he does or not.
He will claim he's trading because so many others are. Trouble with that thought process is that eventually companies will look at the valuation and just decide its not worth it being listed and ILS will be the first one screaming about management screwing their PIs by going private.
Not saying CPX will go private in any way but day traders who think they are so clever may well be cooking their own goose.
And of course we all hope to see that RNS that locks out the day traders here or forces them to pay significant premiums, not that they would as they would go chasing rainbows elsewhere instead.