"“Diversification is protection against ignorance. It makes little sense if you know what you are doing.” “Wide diversification is only required when investors do not understand what they are doing.” A quote from the master...…" A certain Mr Buffett I believe. Mr Buffett likes to invest in companies with strong cash flow. SXX has none. When Mr Buffett invests in a company and calls the CEO for an update you can be sure that he gets a detailed progress report. If private investors want to know what's happening with SXX they have to rely on internet chat boards ….
The distinction between a closed period and a period when a director cannot trade due to possession of material inside information is one that may be of interest to securities lawyers, but so much to others. The point is that CF may not be buying because he knows that something good about to happen, or something bad, or because he thinks that owning 123m shares in a company whose main asset is 1/3 of a hole in the ground is more than enough exposure already. My guess is #3.
Yes of course for every positive there's a negative, and vice versa. That's true for every stock. Just as for every share buyer there's a seller, and vice versa. Stock markets and share prices are always a dynamic balancing act.
"Lesson 1: Remember, BASHERS NEVER Bash A BAD STOCK."
Lots of the trolls here were bashing Thomas Cook, and very bad company. Lots were bashing DEB. Lots were bashing FLYB. Lots were bashing SXX at 25p or 15p. Lots were bashing CTAG, remember that terrible company?