Yeah agreed, the upwards movement is retail investors. Not sure why i was trying to say the upward movement was insto unloading as thats not going to create parabolic increases. Retail hungry to get in and willing to pay is what has caused it. I guess my point is that they will be left with there pants down as usual.
i disagree with insto investors not being involved with microcaps. They are, under different forms, but its mainly the boutiques captials and not your majors like Macquarie
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