Seems like the dips could be due to institutional investors selling their stakes, interestingly i’ve read that Invoke Capital (Mike Lynch) can sell 180 days after the public offering. Which is the end of this month. Could get more volatile over this month!
Lynch is fighting extradition charges to the US over a deal with US computing giant Hewlett-Packard. He is also founder member of Darktrace through his Invoke Capital fund. He denies the claims and
Invoke is not allowed to sell stock for 180 days, while employees are subject to a 360 day lock-up.
Just short of being in the green hopefully rest of the week is the same growth. I would like to have atleast one stock selection in the green this week.
I feel it’s going to be one of those that goes up and down like a seesaw but with a general trend of moving in the right direction. At least, I and my money hope that’s the case.
Edit
Just realised the $ sign. My bad. We’re above that now.
Sorry I meant £££ I hope so, nearly £800 down now on my portfolio got caught up in short squeezes Robin Hood and aterian and moderna hoping they will come back, I’m sure they will