Nut up or shut up27 Oct 2020 20:14
"Wells Fargo Cuts Dozens of Fixed-Income Research Strategists" Why would big banks do this when there will be plenty of debt to package in this current climate? My opinion is that it improves margins outsourcing to companies like SYME, especially with different fixed income classes, that coupled with risk management technologies must be an easy sell for capitalized banks and fixed income investors. The trend is in for Fintech to disrupt traditional finance, same trend that occurred with online shopping to high street. You either adapt or get left at the side of the road. It starts with "we want to work as partners" then after a period of time you are my b1tch ;)
If you are not researched then you only have yourself to blame if this goes right and you have sold, or wrong and you are still holding.
If I saw this kind of stock movement with general public holding increasing I would be worried, but it is the opposite. Learning a lot from this stock, it will be a lesson either way.
For me I don't really see the advantage of L2 if someone can paint the tape, which others have pointed out. If you are looking at daily buy and sells on LSE you are just looking at noise, same for the SP. They will want SYME equity high after being filled imo. I know we take on no risk, but I am not naive to believe that they are investing just for growth and div, I think they will also want the stock price high as insurance for funding. They will need the stock price high with liquidity for this. They are building a high % position now, so it would require alot of growth in the market cap for them to get out should they wish too. Downside risk here fare out ways the upside.
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