RE: News in the morning....9 Jul 2021 13:51
Dotcom, One sell or multiple buys elicit nothing more than conjecture: you, me, or anyone else has no inkling for a another person’s motives; many would-be buyers, for instance, may wait until the PEPR lands because that in itself signifies a major derisking milestone, or, conversely, sell because of lack of confidence in its approval; moreover, a seemingly uncomfortable period of relative buy-sell inactivity remains subjectively interpretive - to me, it’s the market’s sit-and-wait for the PEPR; perhaps to you it’s the market’s lack of confidence; and to someone else, it’s the market’s inordinate period of consolidation that, on good news, prompts a boom.