fridays red screen3 Mar 2019 15:08
guys don't be duped by the abundance of red deals they are not sells. both coffeecups and myself bought in the 355 to 345 range. Alfa has confirmed net 6.2m buys on the day, so what we know so far is the price dropped and buyers hoovered up. what we don't know is whether there is a background sell or whether its a shake to generate sales. prior to Friday the MM were certainly desperate for shares to meet the buys coming in, often selling to us only after sales landed.
so for me whilst we expect City have dumped, its not a certainty. gla