Last month the US congress passed a bill that will ban Tik tok, these are extraordinary circumstances that have forced Shein to turn to Londons calmer waters…
Sam Chambers in the ST today - “that Shein is lining up a London float in the face of these challenges underscores the eagerness of its backers to cash out on a winner. There is grave danger that growth will start to fall significantly over the next few years…
RE: Another big UT coming up folks….2 May 2024 19:47
US markets flying again and dollar down so who knows L5. What I do know is they are playing tricks with the SP into the close then more tricks than Lassie with the UT!
Following the sensible discussion yesterday on volume etc the algos have completed dropped off now and are only roughly 15% of the days trades previously this has been 50-60%. This backs up our theory that the mms have destroyed the market here as it’s the algos that drive the price.
Same MO light volume during the day then a sprint to 34p at the bell then a 1-2% drop in the UT where the auction starts at 34+ and ends up mid 33s….Paul Daniels could do what these jokers do!