RE: what does a company need to do?29 Jul 2019 11:17
You must always view share dealing from the point of view of the MMs, whose job is to rob you blind, and they are very good at it. This morning's RNS did very little to encourage mass share buying, but the MMs put the price up anyway just to catch those who decided to buy on the news. once the buying dies down so does the SP. The usual trick is to now drop the price into the red to encourage selling, which the nervous often do. The price will only rise rapidly if there is buying pressure or the MMs want you to think that something is about to happen, which normally doesn't and the SP returns to below where it was before with lots of disillusioned punters selling at a loss. Then there's the dreaded treeshake, which is why I don't use stop losses. I think that SKIN has tremendous potential, but like VRS, AVCT, RENE and IQAI they are all just on the cusp of becoming huge, it just takes time and patience. GL.