Careful you are beginning to think like me ..Cynical .... you bet we can all be that.. Seems so obvious sometimes.. when you point it out, what else can you think. And why bring the announcement forward anyway... Still think there is still more to drop.. in the near future... maybe not straight down , but a trend downward..
Anticipated retrace bringing the SP back to a level that the results warranted , up or down from here ? .......Speaking of manipulation was it coincidence that the results were brought forward a week and just happened to coincide with the news on the economy , double whammy for the bank and of course the government ....maybe I'm being toooo cynical , lol.
Mailman / Brigadoon
Shares get manipulated , although managed sounds less emotive and just as accurate , in all sorts of ways on a daily basis not just by investing or shorting . Margin debt , ( money borrowed from brokers to purchase shares ) is at an all time high in the US , don't even need your own money any more . Black box trading , dark pools, news stories , dodgy RNSs . Can happen to any share or even sector regardless of size and can be done and dusted in seconds . As far as I know , HMG or more accurately UKFI don't trade any of the governments holdings , be hell to pay if they were found to be manipulating share prices in that way , although Ozzie has been known to be a bit " managerial" in the timing of some of his press releases .
Brigadoon22 ... All
I do not mean Manipulated in full sense of the word.... Maybe I should have said well managed by those with the power in the market to do so... like many things in life. There has to be valid reason for the near predictability of RBS shares movement within a certain price range the past 2 - 3 years..... Good news, or Bad news, it seems to make little difference ..it still trades basically within a certain range... No doubt an observation that many others can confirm.. and that chart history will prove... All out of my depth .. ... But I just enjoy the ride... Meanwhile ... The big boys must be making a mint out of this Share..
apart from the smaller shares of the smaller companies I dont think its possible to Manipulate a share so large and so famous for more than a few hours and the countless millions needed for the gamble. Why no response from HMG bothers me, they have to be squeeky clean with vast influense yet they are the biggest losers ....a mystery wrapped up in a wotsit.
Manipulated ...maybe the link/word you are looking for..... To be so range bound for so long ...tends to make you think of some controlled movement, which springs to life at times and then to recede again.... like the sea coming in and going out again... but not on a regular predictable basis.. But there you go that's life....
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