Some big players have been throwing SCOMIMR in recent weeks. Time to collect, to average down? No. Wait till these players completed their disposals 1st. Retailers who absorbed their stocks are not here to hold. (Speculators likely).
Two choices: 1) Wait until these big players to complete their disposals. 2) Safer way, wait for next quarter reports/news.
As long as the fundamental is still intact, there is no reason to sell it.
any idea who r the big fishes throwing this counter???
ReplyDeleteRSI almost zero.
ReplyDeleteheavily oversold.
but i don't think the disposal activity is done by substantial shareholder as no announcement are made up to date