RE: Intriguing...?27 Mar 2021 14:26
Ratcliffewriter
I was drawn to your earlier post where you stated,
""....had they been sells, we'd have been bombarded with 'somebody knows something and is getting out fast', ....."
I wonder whether the irony of your statement is lost in the fact that you later state,
...."" but as buys they attract no balanced comment from the damps. Will Monday bring news, or is it just coincidence that investors pay 135k for 568,000 shares - 6 weeks ago they would only have had to pay 78 grand, or alternatively for their 135k they could have picked up over a million shares. ""
I'm sure you are right and the trade/s in question are buys (I have not checked, but assuming you are right) maybe the "balance" you seek is that they were not new investments but buy backs of shares sold at 27p + (or in any case higher than yesterday) where the original sale and a buyback (at yesterday's level you quote) would have netted a profit of around GBP22K whilst the same investor/s would be holding EXACTLY what they had a couple of weeks ago as well as a cash balance which has been considerablty enhanced. All of that could also have been realised tax free.
I do hate to say it but I think you have demonstrated confirnmation bias wonderfully well.
Either you have only considered the trades you spotted as only being conceivably a new investment, or you do not see what could (quite realistically) have been the reason for the buys (particularly on a Friday), and (particularly when the "shorter" )might have felt it best not to have been out of the market over the weekend so he closed.
As we read of someone selling 100K (?) shares yesterday to fund a short term punt, does not my suggested alternative scenario for the late "buys" not make sense and also show that there's always two sides to a transaction?
Not sure that's a "damp" - not quite sure what is actually meant by that expression in this context- comment, but it might show how one investor /s buying on a Friday might mean that the have an overall unchanged stock position with greater cash (a realised profit) now after a few weeks back, whereas it is funded to some degree by an investor who now has a lesser position than they had two days ago.
I do not believe that identifying "Buys" and "Sells" in isolation can necessarily lead to a better appreciation of whethet positions taken or given are each necessarily net changes to the investor base on a short, medium or even long term basis.
Hope you don't mind me commenting to add a balance.
AIMO