I am retail and I do believe at times an investment can just have so much negative or positive sentiment that a herd mentality can affect it and this can cause it not to reflect true value. I have watched my MYX down 40% to now be up 30%. I never sold as many retail did only to cristalise large losses. The mentality can push a SP or investment in the other direction also. Look at bitcoin do you think in the height it was at fair value???
Price at a point may be overcooked or undervalued. I think with BLK the silly selling has put this on the I'm oversold spectrum of the equation. Simple really!!!
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