Ah Sir, i think you’re a bit too sensible for these threads.
A couple of things. There are many who are just not cut out to go long on any stock, it just not in their make-up so are only geared up for the short term trades. There are also some that may have a holding of this stock and are disciplined to not go over a certain level (amount) so chose to just have a smaller trading parcel to take advantages of the highs and lows. And dare i say it, there are some who couldn’t give a rats about the fundamentals and are just looking to add to this weeks wages with a quick trade.
I think the beauty of IMU is that for those that have been here for a while are all strongly ahead even at current SP’s but also i think we’d all agree that the trading opportunities have been terrific over the past few years. Win win for all.
Cheers
IMU Price at posting:
2.0¢ Sentiment: None Disclosure: Held