Looking at today’s trading, it certainly looks like the pros have towelled of the amateurs again today.
Reading posts here on HC it’s clear that a lot of holders don’t have a clue what they are doing, either don’t read or understand the announcements. They spend all their time watching the pip trades and put little effort into understanding and learning about the company.
As I posted earlier today, most will be gone in a year, and the big institutional investors will hold the bulk of the shares.
That will be a good thing.
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