RE: Friday profit takers12 Mar 2021 15:50
Lloydy - I believe this is really a trading share as it stands. The majority of people on this BB (a very small percentage of overall holders) have very small investments and are probably happy to hold as a consequence. Anyone that bought in during the first few days is probably underwater hence the number of people endlessly ramping. They will probably disappear when the SP gets to a point where they can bail out. Talk of city traders and II's buying in or selling are rubbish. Until the company have real products, projected sales numbers and ranges of products are in the public domain, distribution details announced and any possible cash raises are confirmed either way then the company will not be attracting the larger investors that bring an element of stability. Expect the SP to trade a specific range for a few months yet with some good gains to be made by those happy to trade the rises and dips.