RAC - Charts & Price Action, page-13116

I've provided plenty of evidence about Merchant SP buys and sells and not going to again. I called this downturn over a year ago when I said RAC was "effectively" getting shorted by the 2 outa the top 3 biggest holders.

I've never bought macro events , wars , inflation , US markets have anything to do with the SP decline. The SP decline started in Jan 2021 due to Merchant and Garner sales and nothing has changed since then, except for the BB strategy in the last month or so.

I applaud Dr T and his thinking, nothing surer we were headed for 70 cents if Merchant and Garner were unimpeded. I'm not bothered about Garner now, most of his damage is done and dusted and history, hopefully retail pick up his remaining shares. I don't want him hanging around with a million shares like others do. It's pretty clear to me joining the dots he got pushed out the door so he is selling right out.

Less bothered about Merchant now as well. They know if they sell into RAC buys they are cancelled shares and they won't be buying them back cheaper.