Just following the sheep

Would you like to see what a herd of sheep looks like?

It’s when you pay 20%-30% more for a stock, the day after when a ‘celebrity’ investor has taken a substantial holding.

Isn’t astonishing that those buyers didn’t perceive Twitter or HP to be worthy of their investment dollars only a day earlier?

It’s code for nobody did their research.

All you can do is wish them well.

We can never tell how long the new buyers will hold their stock for, but I’ll check back on this in 6 months or so.

April 8, 2022

by Rob Zdravevski

rob@karriasset.com.au