We have that same feeling, a fish in the basket, one still on...

We have that same feeling, a fish in the basket, one still on the line.
profit taken mid 4s, and free riding.
Markets are wild beasts. You buy because you see the path ahead deserving high valuation, as long as the market is willing to come to the table. Awareness. So you bet on the market climbing that mountain, and you hedge (sell some to free carry) against it running out of steam. It is the growth in awarenss = new buyers need to acquire the next branch of fruit on the tree, when the lower hanging fruit is taken.

We know the journey that IVZ went on, but we already have that discovery in hand, and i asked last week, the market needs to try and value the Mercedes just parked in your drive way for free.

The rising valuation gains attention. And the NI newsletter draws the two birds we have in the nest.
Existing discovery => commercial
3D seismic drill target. => JVs

Where is the market going with this ?
When it can value a pre spud high reward target into the 100's M

How much then does it already should be valuing the 60 day flow tested discovery in hand ?