I also take comfort in the way institutions are shaking the tree again and again and again. Its ballsy to do that, because we know how quick an announcement can come and then a 10% rise. They must feel nervous rinsing and repeating hoping overnight positions don't mean a loss the next morning.
In the end I hope it doesn't work out for them. I dont know why I am even thinking on the side of a swing trader. I guess if you put yourselves in others shoes you can then understand why they do it and the risks they take on. Hence why I am happy to sit on lots of shares already 12 months held and each week more and more turn into the beautiful 50% CGT discount arena.
WA1 Price at posting:
$13.27 Sentiment: Buy Disclosure: Held
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