Meant to mention of you google Pershing Square/Ackman you can hear Bill Ackman being interviewed re the massive fraud perpetrated by Herbal Life (his words) I wish I was there at the press conference.It may be streamed live somewhere on the net.
Not that I have any insight or pertinent comment on the long running saga of Bill Ackman attack on the health juices co Herbalife which he strenuously maintains is a pyramid/ponzi scheme that is bust.I have kept an eye out for sometime from the sidelines as a matter of inteterest and today he puts his cards on the table with a presentation at 10am(US).GOOGLE PERSHING and all will be revealed. HEH better than watching your Sphere stock gping nowhere!
Despite being yet another flat wk (Del may disagree?) Buy trades exceeded sells by near 20-1.The sideways move has now been going on for almost a year spheroids must be a very patient bunch.Years ago id have been gone 10 months ago nowdays too old to be chopping and changing chasing the latest hot stock.I still maintain Sphere is hugely undervalued if on a patent value basis alone and not taking into account any US/Europe and Far east presence. Next year could prove pivotal for the company.
RE: +/- days
Google mark the % on the actually trade price struck....either bid or offer.......but the middle price was unchanged
Mate rang me re up/down days "how would I count yesterdays move (Google)+1.25p to 26 1/4p.As the stock traded between 24/27 and did not move outside that range I would say unchanged. Hope thats clearer.Any close above that range ie 25/28 would be an up day Maybe today?.
Yeah...have them on my radar....getting a hammering lately. I think the founder has history and they got a bad write up from prime shorters Gotham research....That said...they called that Spanish bank out correctly....
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