SP5 May 2025 15:36
In a situation as unusual as this, the house brokers would be expected to give support to a corporate client in a situation as transient and unpredictable as this.
I am certain that this is why the price is being supported in the knowledge that stability will return soon and the results for the year will be excellent. For a vast bank like JP Morgan that is peanuts and in any case the volumes don’t seem significant.
What is interesting is why the price jumped at the close on Friday.
What else is interesting is the fact that Marshall Wace is decreasing rather than increasing its short. Knowing how well plugged in hedge funds are I suspect this is MW’s feeling also.
As for next year, who knows? I am sure organic growth will keep investors happy. If the analysts were concerned, I suspect there would be a rash of downgrades, but that, so far, has not happened.
At the end of the day, if not sorted, MKS becomes a bid target and that again could be keeping the price where it is. With 80% of the stock in the hands of institutions, it would not be complex or expensive for Amazon to take a position. Anyway, just my stream of consciousness thinking!
This is a great company with strong management. It’s a case of there but for the grace of god go I
I am in for the long run.