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  1. 614 Posts.
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    Volume is essentially non existent. I suspect theres some naysaying fast money that wont wait 8 weeks (and are hoping its not 8 days).

    Hard to blame them given their 'mandate' and annoument frustrations.

    Strategically why would they jump in immediately?

    Unless we get the trading halt that Fish refers to they presumably think they can jump on at open on day of confirmatory announcement and make money on run. It will be a big run and if dropped at 9.58 am not many participants will notice.

    This theoretically explains prescence of naysayers

    Talk it down low, watch it like a hawk.

    Im starting to see it the same way, but with the 'hedge' of the 'beach head' position. Especially if you cant watch it 24/7 you have a stake that runs on good news. If you see it liftoff you can weigh in more aggressively.

    Notice how some naysayers really react to take over and commercialisation talk?

    DYOR

    Last edited by Pseudoname1: 03/05/24
 
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