Morning
@sdfmg
Traders trade (that's why we have the word traders)
Holders hold (that's why we have the word holders)
The traders will be hovering over their sell button waiting some sort of a bounce and then they will cash out - most traders have had their dollars in this too long and the suspension caught them out. All in my view.
The holders will be looking for an opportunity to buy some more or they will simply sit by and watch the action. Maybe some will reduce their exposure until there is a clearer picture on the horizon? All in my view.
Either way - two different groups with varying objectives. Frankly, I think far more than half of the arguments on HC are between traders and LT holders. They just have different objectives.
The fact is, the market needs all kinds of participants because it brings liquidity.
I have been around since GAL days as well. And SP movements today are just another in so many days of SP movements (up and down).
Anyway, good luck to you today whatever your objective.
