RE: 10 m Sell27 Jun 2016 13:30
There was a 3m buy over on ISDX though....to be honest at this quiet time some will be getting bored and decided to sell others will see a possible opportunity of significant upside from these levels. 10m shares certainly at these levels is not very big at all. What is interesting is when buys have recently come in, the price moves up fairly quickly and MMs do seem to be short, hard to believe since the amount of shares in issue. However, they have always seems to struggle on orders once the buying starts. If you believe there is more shares to issue at this level, then sell is probably a good option. If not, then with all the news due, then this is a strong buy considering the news which is due.