RE: Is it possible that24 Sep 2020 21:23
I don’t believe Stroll is manipulating the share price down, but ‘at this moment’ he is just getting on with business, and I believe it may suit the company that the share price doesn’t become inflated and then it becomes a burden as the financial press start projecting big expectations to soon.
But what we do know is that the seller IndustrialInvestor have moved something like 130m shares in the last few months, that amount flooded on to the market could send the sp down very quickly to 20p, so the seller is doing the sales in a measured way.
Which means there must be a buyer/buyers on the other side, they are also doing the buying in a measured way, they don’t want to alert the market. and the price runs up.
It’s a game of cloak & daggers, and I said yesterday I believe the buyer to be Daimler
Also IndustrialInvestor has been loaning stock to investors to short, so there’s a right ‘tug of war’ going on.
The sp at the moment is not of great concern to the management, they know if you do ‘the right thing’, the sp will eventually reflect that.
From a pr point of view it would be foolish to be all ‘singing & dancing’ in case there is another lockdown & then we’d be calling them all the idiots going,
‘Slowly, slowly catches the monkey’.