RE: Hmm, is this leaking?4 Jan 2021 19:21
Barbed? You should see my tongue.... It is a well known fact that there was some heavy selling mid 7s, I am sure by more than a few people but some we do know. You can't then say surprised something is a certain price if you were selling it (I have no problem anyone selling when they want by the way). There were other factors that had a downward pressure and I gave reasons why that down trend continued so it may have happened anyway, albeit everyman and his dog seemed to realise that low 6's were just too low and people missing the original rise seeing another opporunity to get on board, some derisking decided it had dropped enough (if you wait too long you end up chasing it up), some top sliced and perhaps thought too good to be true, i'll get back again.....all seemed to underpin 6p. I think the end of year risks always kept SP from getting to 7s and it did look like another consistent seller was jumping on any rise and liquidity and value buyers were backstopping it falling below 6p. The £10,013, £15,013 and £20,013 values appearing regularly, so someone with size was selling by monetary value not share lumps. Risk events over and the other general market improvements has meant the buying has overcome whatever selling was persistent.
One would say that you should not trust a single person on here and for good reason (I have seen some charlatans over the years weaving some incredible stories, almost confidence tricksters, best of all was a guy in XEL claiming to be married into the 'Hampton's' estate agent group and he had a sunseeker yacht and seemed to drop insider info...enough to be credible but never truly trustworthy yet people hung on his every post). I'd agree with your process of elimination in sniffing out the wheat from the chaff when you were refering to Paddy. So I suppose it is about believability, brought on by consistency and fair and valid points that can stand up to scruntiny, stories told enough when lies can unravel after a while. I only know one person on here personally and long time friend, therefore the only person I could truly trust.