RE: Still a seller or two about, benefitting from the bounce.7 Nov 2023 09:04
No matter how good the company is perceived, No one should invest more than they're willing to lose, using a stop loss can mitigate some of the risk though.
I think the SP is consolidating around this level after the bounce from the bottom.
Unless insiders hold a significant percentage of the Company, their buys are not worth much but an institutional buyer is worth a lot more.
I don't see there's been any institutional buys at this depressed level but time will tell.
Those invested on the IPO and before the big drop, will also have a different perception to those who invested afterwards.
I'm expecting a good recovery over the next few weeks and months.