Seafox buying15 Jan 2019 09:29
Ive been in on this stock since the oversell on the banking covenant warning, added on the way down and resisted my usual urge to sell up leaving profits on the table. But sold out yesterday and came back in a bit lower with about half as much. ( the discussions on here have been very helpful in steadying my nerves- thanks). What I’m not getting is that Seafox buying a large chunk of the stock appears to have knocked out all the momentum, I would have thought another big player wanting stock would have ramped it up? Is it just a case of everyone being surprised and needing to digest this and revise strategies ?