RE: EEE chat15 Oct 2025 09:26
Doc83
Look at my old posts please.
I gently suggested SP was pregnant at 85p and MRE was probably baked-in around 85-100p, and 2 posters incl ML politely disavowed me of this notion, pointing out in a lengthy theory post that displayed why that couldn't be the case!
Of course tbh I wanted to be wrong as I'm in at av 29p, unlike many here at 3,10,20p. I was post-advices tbh slightly chipper as such.
Yesterday, before doors opened at 8am I said it would likely spike and fall away.
Again hoped i'd be wrong.
Fall away was hrs earlier than i expected and of course much heavier.
I'd planned to thin the weeds on MRE day - which I called day before btw at c 3.00pm.
BTW i sold 1/9th HOLDING at 64p earlyish doors and looked with interest on the progress at c 49/50 yes I'd have thought at such early pressure a retrace to 66/67 likely, but to no avail'.
By 1-3pm it had clearly flat lined for day so sold another 1/10th for 52-53p.
Why didnt I 'sell' pre-mre?
Well I only looked to prune 20% and tbh I frankly hoped i was wrong..... and even if was 'right'* I thought at time 80/90/100 post MRE was likely, so no point selling the 20% then. *Hindsight notwithstanding.
As for the here and now....hopefully it will hold out mid to late 40s till smoke clears, and then rise, but could drop to 40 over next few days, who knows...precedent for it of course @32p?!
Lastly I head-headed AGEOS when he pointed out that the mgt team tactics and strategy post MRE will likely take time and some investors will be impatient, thus we will imho see some hairy days in the next few months perhaps as EEE twists and turns on the mkt gibbet.