BOT 7.46% 36.0¢ botanix pharmaceuticals ltd

after this run and previous disappointments, I'd not be...

  1. 324 Posts.
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    after this run and previous disappointments, I'd not be surprised if the profit from those buying lower has already been taken. This run is pretty punchy, and more than most expected.

    I'd put it out there that we are left with LTH and new money buyers which now exceed short term profit takers.

    This could run like it did in 2018.... Many of us are once bitten and twice shy given the painful road here, and we are naturally managing our respective expectations, but at some point if this works, it will shoot the lights out. That's what we are all here for and it must start somewhere. Nothing moves in a straight line, I get that, but if I were a buyer trying to get set now and build a position as a new believer, at these very cheap levels, I wouldn't be banking on a bunch of short term profit takers to satisfy my demand.

    This could be the start of the journey.
    Last edited by same1: 01/04/22
 
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