RE: A day of calm is not a bad thing.......16 May 2023 14:18
Simon, if you're referring to T.Rowe then yes they were a very large seller this past week although the dates of the selling don't marry with the capitulation we saw yesterday. They do sit with the selling from 700p to 450p starting a week ago, which could be the reason the sp recovered some of its losses in the following days. The big drop yesterday appears to be someone else, or a PI stampede. Either way when the selling ends I imagine we'll see a 10-20% jump. Hopefully not from 350p though.