Amazing what the MM and bucket shops can do to a stock that has more cash in bank than current MC and great assets that have a NPV of way over 200M!!
Take no notice as nobody in the real World is selling its MM flipping positions. The talks with multiple parties continue and the SP in between is just a side show, SLE are so undervalued that it is actually criminal what these bucket shops can do to a companies SP in the absence of news.
It will come, so if your one of the clever ones, top up when you can.
Not if but when, hopefully not too much longer....
3D (hoping that they will ban the bucket shops like they did in the States)
HSBC have also increased a short position a little today. (see also their previous RNS's)
Educated market traders are very clever at their job, carefully balanced portfolios make money out of badly performing companies.
But then those with confirmation bias will not believe me, or anyone else who doesn't agree with what they themselves think. Or perhaps they know exactly what they are doing and that what they want everyone to think but are in fact doing the opposite of what they appear to be saying.
Complex isn't it. Be careful where you spend your hard earned.
"How does supply and demand affect a stock's price?
"It takes big demand to move supply up, and the largest source of demand for stocks is by far the institutional buyer." -- William J. O'Neil
When the major investors in the market act, they exert tremendous influence over stock prices. Institutions such as mutual funds, pension funds, and banks buy and sell stocks in large blocks. These large transactions tend to drive prices up or down depending on the degree of buying or selling. Stocks are just as subject to the law of supply and demand as any other product. When demand for a stock increases, its price usually increases. Conversely, stock prices tend to fall when there is an ample supply of shares or decreased demand."
THE AMAZING THING IS ... even though Tosca bought half the company the SP has still fallen. Tosca have taken half the shares out of circulation to limit supply but the price has halved in six months.Why is that then?
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