News23 Jul 2020 12:31
Talk of dumpers and buyers, parr for the course, this is a share, it’s function is to be traded for many reasons:
1. A dividend, not likely here for a while
2. Expectation of it rising, reasons include public offering at higher price, management skin in the game, general market sentiment, even dare I mention the word Charts
3. Expectation of a fall, trend, investors reaching despair point, too many other reasons to list.
The way I see it is for most the point of exit is gone, it’s not worth trading, my heart says average down, my brain says wait for news. And so I wait for news, the business model seems achievable, almost unlimited scalability with first mover advantage, my only question is honesty and truthfulness of Management. Good luck all those stuck in here at the mercy of events, then aren’t we all really at the mercy of events.