RE: See a bit of a bump tomorrow - price wise.8 May 2024 12:07
The share price up and down daily could well be due to the ongoing month long industrial action at Barrow Shipyards if the SP was too deservedly rise, it would strengthen the hand of the Union negotiating and undermine the company's position, as it's being held down daily and deliberately. It's also golden nectar to day traders, the Herd,Shorter's and Rampers nothing is more ideal to them as RR SP always bounces back, 's also golden nectar to the market makers who are not interested at all if share price goes up or down as they make there easy money on every share transactions, i note inroads on fairer Artificial Intelligence to replace market makers are being touted for the future, the sooner the better.
Of course the biggest enemy and deterrent to the Herd is the Spread of a Share, they operate on the bigger the spread the lesser the profit, and the smaller the spread the bigger the profit, this can very easily be stopped by for instance if RR share price was £4.30 to buy and £4.15 sell it would lock them in, they don't like that, but obviously the market makers would never want this as no monies for them to be gleaned, that's why every time we get good news (Earnings etc) the share price goes down and into a malaise for often weeks and months after, the upcoming May AGM will be there next target, the low price of a RR share to buy now and a much higher price after the AGM is heaven and nectar to them, get the Share Price up pre AGM market makers and significantly widen the spread 5% minimum, and think about us for a change, as it's honest investors who keep companies going not the Herd,Shorters and Rampers.