RE: Someone Sold 100M Shares Here Today - If We See a Placing then LSE Regulation of AIM is A Joke4 Feb 2024 14:22
Hopefully, there is no Placing and there are no more 100 million shares sellers. If so, this share likely rises circa 20% on Monday.
Worst case is a Placing at 0.08p and a bit of a wait for another increase in the share price.
Why do I care about any of this? Because I got caught out trying to Day Trade on Thursday. I'd had happily taken 20% and walked away. Fortunately, I averaged down on Friday, thanks to the huge seller, so I can afford to wait to make some money here!
That said, I don't like to see what seems to be blatant insider trading!!
GLA