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Are the pro shorts possibly accumulating mfurther due to the impending court proceedings on 24th ?
AiM is a cesspit for leaking info, so there is more chance of leaked info getting out than not.
Something is wrong and i must be more than just the usual headwinds discussed.
Unfortunately there's not massive support at 2000p, its broken and will become resistance in time.
Pro shorts wrecking asos and boo. Once they've caused more destruction they will eventually move to the next victim leaving yet another trail. Hoors.
Sundunce.....Still here codger. But sold everything in iag. Now just waiting.
I did however get my starfish ripped open recently on ASC recently - now just waiting on it to fall to around 1600p, would be ideal for the Gap.
The whole market, world wide, is crashing slowly, it's when it paces up, like 2008, it will be awful.
xxxAccountant, no worries pal. Im not a shorter and don't support it. I do however enjoy T/A. It's how the hedge funds and pro shorters work. I like try and work out their next moves if i can.
Not all gaps do get filled, but the likeihood is lower gaps usually do. One i've been watching is TW. great big gap at 125p, the price has been above it for almost 2 years, but it will fill and will make a great purchase.
Another as an example, was a bank share, Berenberg were constantly negative and it was obvious they were targetting the gap.......6 years - 6 mega long years, and bergenberg got their wish.