RE: Had a look at the fundamentals30 Aug 2020 15:21
someone said earlier as an indicator of a troubled company that ... "i typically look at the institutions as they have the resource to examine a stock better than most PIs i should imagine;" siting the fact that they have reduced quite a lot lately ! Two points one institutions don't like binary shares AT ALL and lets be honest this was until recently a recover or go bust binary share. Two. The institutions KNEW the impact that a 4 mil a day sell down would have on the sp so they off loaded on the spikes and most probably will buy back very very soon. The news spikes, rumour spikes tweets ect are " un-quantifiables ergo no matter the resources available they could not have known the gyrations this share has performed the last few weeks. The base assessment that the sell down would crash the sp was correct, that pressure is almost gone! it is no longer a significant factor and i expect gradual snapping up of shares by II investors albeit muted to begin with and i believe will begin to happen next week with increasing regularity, as the wind down, of the sell down draws ever closer.bol