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I'm afraid to contradict but using sing social media to spread negative sentiment is a well known strategy that gets results...
https://www.investopedia.com/articles/analyst/030102.asp
Some people put hTpp before their link posts and that seems to avoid scrutiny but i'm guessing that lse are also constantly tweeking their methods to combat link posts.
This still holding in 12p region after the recent excitement is a good sign and i would expect to see the up trend continuing in due course...
I'm interested in how we (humans) assess risk (eg CV 19), so i find your ' sell everything' strategy interesting, especially as you've retained NANO (that i might buy but i feel is still too risky, but I remain invested elsewhere) Hence my strategy is almost the complete opposite, fascinating!
Indeed. I think, from his absence, that the short money he spoke for has been removed in the recent/imminent rise. Maybe we can get back some sanity here now. Well done to the resident troll controllers for having the patience to stay around...
Leaving the fundamentals to one side for a min, you might consider the technical analysis on this share (if your're a believer!?). The daily SP seems to have genuinely broken through the 50MA and my trading platforms' website is showing 8 positive TA factors. I'd stay put for the short/medium term personally...
Unfortunately negative sentiment does effect SP's hence:-
https://www.investopedia.com/terms/s/shortanddistort.asp
I imagine anybody short atm is having a bad day!
Cheers... my favourite example of negativity bias error is to consider an argument with a friend (negative event). To recover the perceived relationship quality back to pre argument level requires many more than one positive interaction to reset it. That covers apologies, cups of tea made, flowers bought etc etc (5 times).
Anyway i digress...i did buy some more tho!
Technical Analysis is looking encouraging too...
Interestingly the reason this strategy works much more effectively on the downside than on the upside is that it utilises a well known human cognitive error that prioritises negative information over positive information. This stems from the brains' primitive evolutionary function to protect and which leads to a over estimated importance of negative factors by approx a factor of 5.
I find cognitive errors fascinating cos we're all making them all the time!
Well said PP1....and in addition to those excellent points, to those (always negative) posters who continually say that de ramping on social media doesn't affect the share price, it does....(try searching for "short and distort").
Doing dummy buys and sells, and noting the prices can often allow you to reconcile the subsequent trades shown here. You can then track what the trades are going forward (or back), as they will cluster around your 2 values, even as they change price. Works better with more liquid shares has to be said tho... Often seems that they bid /ask is being manipulated to make the trades appear incorrectly but i'm no expert on MM shinananigans... I keep meaning to learn more about MM theory and the recent posts by more knowledgebale people here during the recent rise and NT issues was imost illuminating.