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Re: Serpico2005 post# 187701

Friday, 11/19/2021 12:37:59 PM

Friday, November 19, 2021 12:37:59 PM

Post# of 227479
You can't possibly know what caused larger shareholders to choose to sell. You need to remember that there are many whales here who may be tiring of nothing solid happening. They grow impatient with their portfolios going stagnant and move on. I doubt that anything said on this gossip board ever has an effect on share price. We don't own enough, collectively to cause a significant change.
And, the share price only drops when people sell at market. That is an indication of 'taking what I can get' so I can put cash somewhere else. Whales are seldom 'longs'...they are in it for cash, and when the money machine stops, they move on.