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Broker data - IRESS, page-26

  1. 2,956 Posts.
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    All this solidarity, hold strong, don't sell talk sits very uncomfortably with me. The SH group or AA as it's now called was set up initially as a means to band together in the face of a Low ball takeover offer. If sentiment turns as it has, I think everyone should do what is right for them, whether that be hold, but more or sell.

    The purpose of the SH group is the sharing of information and to be a collective force when the numbers are required, not to reassure everyone that all is well as the sp comes off more than 50% in a few weeks and you are weak or nervous if you sell. .I'm not at all saying that this ship is sinking as there are no meaningful results released yet, way too early to call good, bad or otherwise. But at this end of the market sentiment is everything and when it turns it can be a nasty mistress.

    Best of luck in whatever your strategy.

    77
 
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