RE: Crashing to 60p, says Yom8 Jul 2024 08:57
Personally, I prefer the situation that has currently developed on the ITV share market. Stable, slow increases in the value of ITV shares, without a major correction, depriving these shares of the most impatient and speculative investors who believe in deeper price corrections. This in turn creates a strong basis for a really strong price increase, which I expect. Similarly, the lack of appreciation by the market (represented by some participants in this forum but also visible in a similar lack of interest from medium or small investors against the background of the entire FTSE market) of large and stable investors, as well as funds focused on large profits in the medium term, I also perceive positively. Historically, it has always brought large increases in the prices of most shares. I find the naivety of trolls or people playing against the shares trend or proving to everyone that such an investment method makes sense, or that they are right, ridiculous. We all have a similar scope of information flowing from ITV and its environment, knowing exactly who and at what time invested really large amounts of money in its shares. Tracing, as was the case with other investments of these investors, is also not a big problem here. Any attempts to prove that this or that individual investor with even a few dozen thousand pounds is able to win with investments reaching millions, outsmart these investors and laugh at their actions, instead of adapting to them and taking advantage of the small scale of their own portfolio, and consequently, the greater mobility of their money - this is already a symptom of complete stupidity and idiocy to me. On the stock exchange, in the case of every company, there is a time for fun and earning tips. However, when it comes time for serious profits, you simply have to arm yourself with patience and stop being simply stupid and greedy.