@Jpcje
(sorry - tagger gone walk-a-bout)
"...would they or us accept a lowball figure? They won't and I think a large number of retail holders won't either. "
Glad you qualified that, because I feel/believe there has been an influx of day traders (not investors), that would be overjoyed to bail on anything north of $2.00.
Like barnacles on ocean going vessels, apart from antifouling paint and regular maintenance, not much can be done about leeches.
Don't be dismayed if there is some sell off from such, when we get some wind in our sails.
Now what if that triggered a short event, because WE KNOW they do not always win?
James Kirbby June 24 2024
My answer: Because they are so powerful, they believe they make the earth spin!
"Power corrupts, and absolute power corrupts absolutely."
"Meanwhile, the shorts continue to get it wrong. Not just this week or last week but all through 2024 so far. And every day this happens, retail investors become richer.
The current acceleration in CBA's price, it has gained 9 per cent in a month, is partly due to a short squeeze - that means the last load of short bets were expensively incorrect and the professionals had to recover their positions - ironically pushing CBA higher as they bought up new stock"
There will be no surprise should CBA/LTR holders be seen dancing in the streets should there be any GameStop type event.
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@Jpcje(sorry - tagger gone walk-a-bout)"...would they or us...
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