RE: Adoubleuk your very quiet??5 Feb 2019 18:12
Thanks for the graphic illustration WW. Failure to hook up is a clear tangible reason for the SP drops. We all know it. Unfortunately so do the MMs who marked it down on open on Monday. I’d imagine a fair proportion of LTH’s and others would have sold a bit knowing it would drift if only to ‘win’ a bit buying back at a lower price. I’d doubt anyone has bailed permanently. The thing is it’s now a question of ‘who draws first’. As Casapinos pointed out the other day the small volume of trades is effecting the SP. So yet again we must guess where the bottom is. Should one wait for 45p or is everyone else? Should we be looking at 45.2p but then everyone’s thinking that... so perhaps higher. Snail will be back up to his neck again soon as will I and most of the rest here and we’ll probably be £200 better off.. are we really being that clever or is it just that we want to play it right for once. So speaks a man who entered at 44p a thousand years ago and caught the falling knife over and over to 13p. I’m running out of fingers! GLA! P