RE: Shurrup Lame Booth10 Sep 2021 13:08
Liambooth, your last post is really scraping the barrel. I worked in the city for over 30 years. Lombard Odier Asset Management makes investments for their clients. As they say on their website their aim is ¨Meeting clients´ objectives by actively shaping sustainable investment outcomes that really add value¨. Do you honestly believe that Asset Management Companies try to support share prices in companies whose price is falling? The only reason they would increase their stake in a company is if they fundamentally believe the current price is attractive enough to warrant the investment. If they believed they had made a bad investment, they would look to divest their holding, not increase it. They certainly would not increase their stake just to support the share price. They are answerable to their client base, and would only end up losing clients if they did what you are suggesting.