This post probably explains the building quantities on the sell side without real down pressure on the price.
Whisky won't be the lone ranger here. I could quite easily imagine lots more longer-term holders selling into this drill excitement with the intention of capturing some profits. Or at least, taking some money off the table.
Whisky talked about this a couple of months back and it's not only prudent but makes good economic sense.
I've thought about it myself but keep thinking of my father's favorite poem....IF by Rudyard Kipling......"and risk it on one turn of pitch and toss"
He lived his life to those high standards. I think he'd support my gamble here.
Not long now.
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