Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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L and G sold out of Trin fully at down to 2p. . It restructured and returned at 7p. Presently equivalent of 12.7p (127p)due to WTI drop and sudden death of CEO. L and G lost a lot.
I was in SNG whilst Polar were selling. SNG share bundles were being sold from one fund to another to another. I held firm and admittedly nervoisly at ave. of 46p . I made 2 and a half times my investment as sell limit kicked in too early. I did well on that Monday though. 250% return. Quite happy.
The week beforehand the funds were selling. They knew nothing about the science of interferon-b.
Woodford screwed up. Many funds screw up. Maybe Oliviera wanted to derisk or had other places for money. He certainly didn’t lose out.
Yes the rich cosey up.
But they are just rich. I know many who have died young. Nice to be rich but it ain’t the whole story.
Anyway..funds f*** up because they are run by humans.
Polar and a load of funds sold before manic Monday with Synairgen then whoosh they do not get it right. Same can happen here. Market actually tanked prior to the manic 400% Monday there. And on the Friday before was over 5% down
Sadly I know that insider trading is still the norm. It really is. My City “ mates” admit it to me . Just like politicians over a beer.
Doesn’t mean Oliviera is selling because of it though. But I personally have no doubt he knows stuff he shouldn’t. I can be wrong. But it is my personal conviction.
So anyway, he can flog a few for cash and still be left with 8.8% for if/when it comes good. And his selling at 80p was probably on a profit to his average.
The movement on this share means that we can see 25% in a day. Ok that won’t hit my average, but that has been as yet on no news…just virtual manipu-trading.
Ed I do hope you are right but these wealthy people usually can get money from other ways rather than selling a good thing?
Robins… because he is desperate for cash.
Borell you would have thought Oliviera might be in contact with our BOD in some way. I know insider information is illegal and our board might not know everything that is happening at the moment. But mates especially rich mates do talk. If this is the case why is he still selling if he is. Just speculating but not sold a single share yet myself.
Everyone trying to second guess the market and all the reasoning .. maybe the sellers are just those who want to buy a nice crimble prezzie or two.
Those in for the long haul will soon have all their christmases come true IMO … hold for the real prezzie from this stock. GLA.
I don't think you will great odds on that bet. May certainly get stronger odds if you forecast at what point they will stop...
If I was a betting man I'd wager that a decent portion of the sells and certainly a lot of the chunkier ones are oliveira continuing to reduce his holding. Putting in orders to sell a couple million here and a couple million there over a period of weeks would certainly fit with his last couple of tr1's
A distressed seller giving it away
Well i wish they would stop it!
Seems to be a lot of 25k or 50k sells recently. Fingers crossed for our next RNS being positive.
For those who don't pay for LEVEL 2 , let me tell you whats happening.
The majority of off book trades are buys - the majority of retail buyers using share dealing platforms
The majority of sell orders going through are A trades. - Big player who is trying to either compress the price in a bid to accumulate stock at lower levels or maybe large traders trying to short the stock as a strategy.
If its the latter this will spike fast when they have to cover
Good luck and for what its worth I am buying the dips in this - highly manipulated