RE: Morgan Stanley selling15 Mar 2021 20:16
The Morgan Stanley RNS actually relates to last Wednesday and Hopan I think may be calling this right. It could also be that MS are being sly with their accumulation strategy by selling and creating the odd dip in combined holdings during an accumulation day to enable them to release an RNS and to get more at any reduced price. (Sell some during the day to reduce the sp, to buy more- release the RNS later off that reduced holding on another rising day to reduce the sp to buy more)
I definitely think MS, or someone else, was in the market on Friday buying with a particularly strong finish and likewise I thought they, MS, or someone else, were again buying heavily with the good start this morning and a sustained finish imho.
I'll be happy with steady rises all the way up to shops reopening permanently and irreversibly and with a NAV of 82p, that being irrespective who is buying the stock.
There may be a couple more RNS's to come to cover the gap in days, volume and rise in the share price from the 10th March until today.