Many investors of TRY have been scratching their heads, wondering why anyone has been selling.
It is forced selling.
Whilst TRY has tended to be a fairly illiquid stock for a company of its size, there has been buying recently. But there has also been selling in equal amounts.
I am convinced that these disposals are involuntary, or at least, reluctant.
Given that TRY is trading at lows not seen for many years, ANY SALE AT THE MOMENT IS A LOSS-MAKING SALE.
Eventually these bears will be shaken out of their trees, and the buyers will overwhelm them.
The weight of fundamental value will see to that.
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