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Lots of shorts to be unwound .... some might think.
seems to be pushing again, appears that there are sellers taking profits and bigger buy hovering them up
here hoping
Listen, you're clearly not uneducated, but your grasp of finance is very weak indeed (eg you don't know the difference between a MM and an institutional investor). I'm sure we've bored this board enough with our posts, so I'll leave it there.
I imagine PRSM will head north again when New York trading starts in a couple of hours time.
dont be silly the world is ball shaped, bulging out at the middle and flat(ish) at the poles, as you can see a proper explanation is always more difficult than a flippant perception.
the stock markets crashed because of unfettered and dodgy activity by the funds, and these had the impact of causing people to think the economy had been damaged (it intrinsically hadn't), leading to money lending fears which had the knock on affect of bottlenecking actual economic active which feedback onto the stock market leading to a downward spiral.
the fact that we have linked in our minds the idea that stock markets and the economy have to be so embedded is a very bad thing, there needs and should be a level of separation. the finance industry does not actually make anything, money in and of itself is meaningless without people agreeing it has some level of worth.
i use the term corruption in the meta sense of diverting a natural system, which the stock market at base nature is.
That's not corruption. That's fear and greed running rampant in times of huge uncertainty. And what do you mean unaligned to the economy? Last big falls were 2008 and 2020. Following both of these falls, economies shrank by more than 10%. Your view that individual stocks were being manipulated was one thing. You now seem to be saying that all MMs and large investors are working together to deprive retail investors of their money. What's next - world is flat and Qanon is real?
of course the system is corrupt, the fact that stock markets crash and rise unaligned to the actual economy is proof. if it wasn't corrupt then us and all investors would make nearly as much money. what next, you think the housing market is reasonable?
Rubbish. And if you won't take my word for it, perhaps Investor's Chronicle is more to your taste.
https://www.investorschronicle.co.uk/shares/2018/11/09/the-truth-about-market-makers/
If I thought the system was corrupt I wouldn't invest my money in it and I have 30 years experience. What's your excuse?
i bet you get invited to all the parties matt.... the whole stock market by and large is corrupt in that the mechanism that drives it is greed incentive and not a benign sentiment based on actual reality.
Let me guess Claire - you've not worked in the financial services industry, right? Firstly you seem to be a bit confused between market makers and 'larger funds' . Which are you talking about (they're different)? It doesn't matter really because 'tree shaking' is like an old wives tale - based on heresay with no basis in fact. The truth is that a share price is simply the clearing mechanism for demand and supply. There is no MM or investor large enough to individually move prices successfully without incurring huge risk and the potential for substantial losses. I'm guess you've heard about this on this board with people like yourself. Go into the real world and find out if there are any actual examples being litigated in UK over the last 10 years - good luck.
While I'm at it, the 'buys' and 'sells' on this Board are also meaningless as they simply tell you whether a stock was traded nearer to the bid or offer. So comments like 'how is the stock going down when there are so many buys?' is meaningless. The truth is that every stock trade has a buyer and a seller. The price is simply that which brings the two into harmony at any particular point in time.
Totally agree with you latpulldown. I really don't want this to sell. In a few years this will be a much bigger company as these buyers clearly recognise.
oh come on MattTheBrave, you know the larger funds will sell a percentage of shares lower to get the market to move so they can buy up cheap and then push the market back to its higher position, this is standard activity.
tree shaking is a well known practice
It's a fallacy that MMs try and 'force' prices anywhere because (a) that's illegal, and more importantly (b) they could actually lose a lot of money fighting the market. In truth, they simply live off the spread, and adjust bid offer as demand from investors dictate. Lots of rubbish on these sites about MMs. And no, I'm not a MM, but was an equity fund manager for 15 years so have some experience of this.
if a sale means buy and hold for that god price, the MM know this and will be doing everything they can to pull the price down and buy up. stay strong, we basically have been given golden tickets.
We end up selling tech companies to the US all the time and most recently defence, technology (microchips) and engineering companies and the reason why is that we fail to treat and value the shares the same way as our US counterparts do.
It's a fact that hadn't gone unnoticed by the Blue Prism BoD who were themselves considering relisting in the US instead.
It's a fact any predators will know of and should lead to near instant vast profits by doing the same and it might just cause PRSM to expedite things to mount a defence.
https://www.standard.co.uk/business/ai-blue-prism-warns-quit-london-stock-exchange-because-uk-investors-don-t-understand-tech-b899535.html
I may be reading it wrong, but from what I see as news on my II account Jupiter Asset Management just took a 6% stake here.
As I say I may have been reading wrong but if correct they obviously see a big upside.
Massively growing market and only a few real players with significant and deeply ingrained products into enterprise customers. How much would it cost to accumulate the knowledge, staff, and customers that BP has, and over what time? This company is worth significantly more than £2bn. Happy holder since £3.20
Qatalyst Partners are very skilled in this area and have a great black book of contacts to open to get more parties interested.
considering how cheap BP is to UiPath, and BP have clearly said they want to sell this means we on course of a good sale, looking at the £2B region would be a healthy expectation.
Blue Prism is being advised by Qatalyst Partners. They were involved in the sale of Slack to Salesforce and Afterpay to Square. Two separate bidders with deep pockets and major discount to both UiPath and Automation Anywhere.
This announcement has 2 purposes:
- get's the current bidders to stop mucking about and get on with it
- alerts other potential bidders that if they were interested, they'd better make a move now.
My experience suggests that current price or a bit above might be what happens with current bidders, but £15 more likely if third parties enter. We'll see.
Sells look like PI buys look like hedge and institutions, the big moneys knows what's up, this has some serious legs
Can't disagree with you on that one claire for workplace automation reduces the human factor in any workplace. Yes you get significant workplace efficiencies.
But above all else Machines and AI don't catch Covid.
The whole world is looking at back office admin automation currently as a way to save money and increase productivity. A £2b MCAP is more in line with realistic expectations, DYOR
Good morning clairesmith,
People were querying yesterday the mentioning of £15. The Shares article includes broker comment with the number £15 in there, so it is not just numbers plucked out of the air.
Ultimately it will be what any predator is willing to pay and if it is Microsoft and they are serious about entering the workplace automation space then it's an easy pick up and they have deep pockets.