Post by
tinselfarm on May 11, 2021 10:43am
People selling right now are not investors
They don't understand or even possibly know much about the company. If you have invested here and actually understand the business and industry, selling makes no sense. Those selling are either doing so because maybe they have an ACB substantially lower - fair enough (remember that these shares were trading at 20 cents 6 months ago), or they are simply traders who are flipping - fair enough again.
This will be one of those stocks that people will look at in the coming months and wonder why they sold at these levels. Fundamentals do not lie.