Share
421 Posts.
lightbulb Created with Sketch. 170
clock Created with Sketch. 22/07/19
10:52
Share
Originally posted by Neoarchean
↑
It's my understanding that it has been long established that posts by individuals on boards have no noticeable impact on SP up or down and all the more so with the average volume of LYC. Perhaps one really significant or multiple + or - links to reputable sources might have some minor impact. The LYC SP is very news driven and posters have no impact on that other than reporting it. But posts by anonymous posters merely expressing their opinion or working out their own even detailed projections don't move the needle except for perhaps the most novice of traders.
Expand
I agree, IMO, the selling pressure is profit taking by traders and those liquidating converted bonds. These short term moves are just noise to investors.
