RE: Who is selling???8 Mar 2022 06:17
There is nothing specific to EVR that caused a sell off, all stocks with perceived Russian connections have been affected plus being dropped from ftse 100 will give cause for some ii’s to remove their investment.
We can only wait for TR1’s to see what the changes in holdings have been.
Across key stocks with Russian connections, recovery is taking place, and even without the divi EVR represents excellent value.
The business is well placed to weather the storm, and will recover. Anyone investing now will be well placed to gain rewards, it’s just a question of being patient.
There are people investing now that want a quick buck, or my take the divi and run, that’s fine. Others will invest in any price drop.
Nothing has changed with fundamentals, at least they haven’t as I write this.! So appreciating risk, reward here for anyone buying now is huge, and don’t forget there are a lot of long term holders that remain and wait for the recovery.
GLA
More importantly, pray for peace in Ukraine