RE: Gamble4 Dec 2024 10:52
I think it's just a trading share at the moment, and has been for some months. The movement regularly allows a buy at hopefully around a current low and inevitably the share pops up maybe 10 to 15p so out you go. Nice profit albeit not 1000s of pounds but do it often enough and it does become 1000s over the weeks and months. My 1.5k yesterday is typical, got them for just over 207 and let them go this morning at 217 and a bit. Just overnight 100 or so quid. Hopefully they will pop down again to the 20x and can do it all over again. Gamble is it suddenly explodes up but I have a core holding which I don't trade. The shorters were not interested in getting out at the 207s so presumably will work to get it below that to where they want it.