Re: 60,000 shares selling low on U.S. side again
in response to
by
posted on
Nov 27, 2021 10:23AM
CC, some selling, not necessarily panic driven. Perhaps some spouse-driven?
The disconnect between the market cap and the potential has been with us since shortly after Suresh's arrival. My principal theory as to why has been the timeline issue. I've written that here for years.
We're left with a bunch of over-invested die-hands, myself included, some whom trade a small percentage of their shares, and a few who trade far more significantly. On any given day, those people determine the share price action.
Infrequently, we see an influx of new money, as witnessed by volume spikes. But, generally speaking, it's the same people churning their accounts, some of whom use this board to stir things up in the direction they desire.
Of course, there are also those that keep adding as cash becomes available. I hope those people are at least somewhat diversified.