The screen has turned RED - market cap looking a bit soft too.
Bruce in response to yours Ad Nauseum was a singer in the Social Club that I used to drink - You would always know his father - sat on the front row with his pocket watch in his waistcoat (On Sunday's), never took his hat off and talked with a limp.
Me thinks you are on the right track! Been saying this for years,SP being played like a fiddle, more rigging than a tall ships race etc etc..... But it's so consistent and aggressive that someone means business, a takeover maybe when the time is right?
.. boi is on record in the past for reverse stock splits.. this was done with shares trading in the US stock market to get the price above the $1 level.. more importantly to prevent the share from being delisted from the nyse.. boi pulled out of the US stock market a few years ago.. AIB is another one.. a huge stock reverse.. from 500billion shares to about 30 billion shares.. this bought the share to a much higher sales price.. AIB is valued by the govt at about 13 billion.. boi is barely valued at 6 billion.. there is a huge gap here.. ever since blackrock bought a chunk of these shares the price has gone to hell.. only the big institution have the power to short this stock. small investors dont have this power.. waiting for results this next week regarding boi.. financials.. dividend news.. reverse stock split news.. new management..? the sale of the govts 14% position..
Bruce, not quite sure what it is, all I know after that buy on thursday there were shit loads of small sells on friday which brought the sp down.if that is the case same thing will happen on Monday. Whichever way one slices it. Going by buys n sells it is obvious sp is manipulated. My guess is will stick around .22-.23 this week may be a small run towards the end. It is anybodies guess at this stage. Pity. GLA
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