I think...and I stand to be corrected...that the sell down today...

I think...and I stand to be corrected...that the sell down today was attributable to a couple of factors:

1. ESG has been stable for ages now, not really moving much.
2. BRM and MAK are 2 spec stocks that seem to be powering along and have good long term prospects and even better short-term re-rating prospects.

I think MAK also took a beating today as everyone jumped onto the new 'thing'..BRM.

There is nothing fundamentally different, just people selling off (even at a small loss) to make better gains elsewhere (albeit maybe briefly).

The purpose of the post is not to ramp or downramp, just my position> I have been a fairly long term holder of ESG but even I considered freeing it up to go buy some BRM. Principally because I figured ESG would still be at the same price when I sold out and came back...I didn't sell out in the end.

I guess my point is, no change in fundamental, just money moving elsewhere.