profit takers?11 Jul 2019 10:46
When you look at the year highs and year lows we have to remember that the LOW on this was 40 and the high over £10.
There will be people that bought between 40 and £1.80 that are in profit.
But everytime that someone sells, someone is ALSO buying (Whether the MM to hold as stock or filling a order behind the scenes)
We are pretty much in the middle of the year high and low - 400% UP on the low, and 400% DOWN on the high
BUT when weighing the scale with us on the middle - the tipping point in favour of a sold investment is FCA gone, LARGE holders at way above SP, and over 50% held by the main man himself.
Add to that the fact that he ADDED more at around current price just few weeks back - and you get overwhelming signs of a good investment
It should retest highs - and I am banking on it.
GLTA