RE: Wopodop ting tang bang2 Feb 2025 12:35
ClumsyColin - Everything you say about HEX is correct, they are ahead of GEX, and senitment is high compared to GEX where it is extremely low.
Also, you do not indicate the current Mcap of each company. ......
HEX - £24M
GEX - £4m
So there you go, HEX has a Mcap 6 times higher than GEX due to the fact sentiment is high, and all of the positive news is priced into HEX's share price.
It's possible CSS Alpha fund do start selling tomorrow, or they may not. But, it's also possible a few 'canny' or should I say 'cunning' individuals start selling fairly significant amounts of GEX shares to give the impression CSS are selling, spook the market, and get a lower price.
If the sp does go lower, then the shares will be bought up!
I personally have a significant holding here, and currently 30% down - if the sp goes lower I'll top up to reduce my average.
Remember .......
"Several studies show investor sentiment predicts stock returns and can be used as a contrarian signal since subsequent returns tend to be relatively high when sentiment is low and vice versa. Therefore, a contrarian investor would buy stocks when sentiment is low (i.e.GEX) and sell stocks when sentiment is high (i.e. HEX)."
Good luck with your investments, whatever you do!
SR