Some people are just not buyers. Some of them have done it all and seen it all. There is really no desire or need to buy. Many people find it a challenge and keep trying to convince them to buy.
But often, their sense of power and purpose comes from giving all the reasons why a product or stock doesn't offer value. But in reality, to them, it will never offer value unless it is at a fire sale level. In a world of sales people, that tension in not being a buyer can be life affirming. Their raison d'etre.
Some have such long time frames, and long memories, that they will wait for GFC like events to be real buyers.
So it comes back to each buyer freeing themselves up, not allowing the noise to sway them from making their own decision based on their own research.
Personally , I saw the beginning of a small turnaround in buyers vs sellers today and that piqued my interest.
BLK Price at posting:
7.4¢ Sentiment: None Disclosure: Not Held
