I guess this is the phase of a company where a lot of us small retail shareholders get replaced by funds and institutions.
We've ridden the rollercoaster and they come in to pickup the pieces for cheap when the share price is undervalued and the retailers get spooked and run out of patience.
It is a predictable but necessary cycle. Probably better for the company in a way as us fickle retail holders get replaced by serious and stable replacements.
Will be interesting to see how many of us are left!
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