Hi Pirate that's a good question.
From another mortal inclosed a sincere response.
CMC current technical analysis is a fairly strong sell and a rating of beta volatility is 2.35 which is fairly high.
Now reading your posts it is obvious you know what you are talking about and I am sure you are aware that all traders/investors/gamblers have their own unique way of managing/investing their money on the market.
I SUSPECT a substantial amount of individuals would SIMPLY be following broker recommendations and move on to something else.
Unless CMC know something you and I don't.
I don't think that's the case.
I also view the recent down trend is a minor hick up unless JB is not telling us something.
Again I don't think that's the case.
My sentiment will stay same until the AGM where I am sure JB will disclose everything we need to know.
Thanks for the question I honestly don't think there is anything else behind the scenes apart from individuals following broker recommendations.
And why is CMC recommending a strong sell?
Perhaps we can ask someone who trades through CMC and has regular contact.
Again I SUSPECT they didn't like the numbers due to shipping costs.
At the end of the day there is other opportunities out there.
That is my mortal understanding.
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