Advanced Medical Solutions Group Share Price (AMS)

Took some more today, around 207. Not bad I thought.

One wonders whether the constant shorting of this stock, will make it an easier decision to accept a take over.

Darton, Thanks for your detailed observations. Makes sense and provides a logical explanation as to the decline in the sp.In my opinion the present sp offers a good buying opportunity, but i am often wrong.

GLG have been shorting this for a while. Their point of view is this is still a little expensive. They increased short just before results, then we had the Sky news report which gapped the price up (probably with their help). They obviously took a view that an offer would not be quick to emerge so sold in to the spike aggressively. This gives them a better return (selling higher than first planned). They are now in full bear mode shorting this. They have 1% of the stock on loan.

GLG are a respectable outfit, they probably just have more insight on this (odds / timings etc) than the average PI. And currently the Sky news story isn't much to go on. I'm sure a lot of PE companies regular investigate the valuations of PLC's. I am still happy with my buy at £2.50, that is the price you pay for making sure you are in with a chance should there be an offer. GLG obviously think there is no rush to cover the short, so they are probably right. In general the shorts do not seem fearful of take overs, though I think the Hargreaves Lansdown TO hurt a few of them. I think prices at this level are only going to be temporary, and an offer would likely be close to £3.00 - if it were to materialise, which it might not.

Not impressed at private equity interest, but confused as to why is seems to have provoked a dip in the sp. Can anyone explain ?

Not sure about this. Rumored takeover price is only £500m, only 2% above current share price. Don't think BOD or shareholders will see much point in accepting that!