RE: Ticking up13 Mar 2024 10:03
It's just pure boredom, it's a traders market and not a investors market, a lot of people have bought into the OPG bargain story potential but they have given up waiting for news and sold back. Eventually if you have a gradual more selling than buying the mm's will drop off on L2 one by one which they are. It was 4 bid a week ago, 3 bid at the start of the week, 2 bid yesterday and now 1 bid as Shore take the 30k sale and move down. Do I think anything is wrong..not a thing, this has been going on for years in OPG slow drifts tiny volume and then bang they issue a RNS and volume explodes as people pile in. Do I want to buy more though...no to that as well. I just do not feel brave enough holding a portfolio of friendless "value" stocks drifting all the time to average down in them one by one