These big companies18 Jun 2013 18:03
Having read numerous chats and watched what has been transpiring over the last month or so, this is my view.
The big companies are drip feeding the market with short and long positions to control the price. This seems pretty obvious. But why? If it was to make their money on short selling they would already be at almost maximum profit as the sp has dropped to it lowest points. What they are doing is topping up their huge long positions at a very low prices so that when the stock rebounds, due to the deal or another catalyst they will profit hugely on the way up! If you notice, they hold millions of positions mostly long. So why when opening or closing positions now are they only small amounts in comparison?
I am quite new to this and do not know all the terminology but that's how I see it. I do feel quite confident that the deal will go through. It seems as though it is in the interest of all parties for it to happen. The bidders will have to put in a realistic bid. Hopefully 300p+
I am holding due to not using the most important tool available!!! STOP LOSS!!! Will never place a trade again with a stop loss first.