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It's a mug's game to try guessing whether "someone" is behind the increase (or decrease) of a share price and/or a change in the trading volume.
Certainly, IIs and traders are smart enough to break up their transactions so that it's not obvious that they're investing / divesting not to create a market frenzy.
The only time when IIs are less good at hiding their intentions is when their short-selling teams have to cover their positions in a rush when there is a key event that changes everything (look up Michael Taylor's (aka Shifting Shares) video on YouTube regarding Porsche and VW, an event that happened about 6 (?) years ago). And even then, we cannot state for certain that it is shorters covering their positions. People who claim that are either deluded, or trying manipulate dummies into buying (or selling) while they are secretly doing the opposite.
Certainly, for Marston's, the declared short interest (www.shorttracker.co.uk) is very low so such an event (i.e. shorters rushing to close) is highly improbable.
My take, as I wrote before, is that broader market sentiment towards suburban or rural (aka "community") pubs has dramatically changed, partly triggered / illustrated by Heineken's decision as reported on 6 May (see my earlier post), news which did surprise me TBH.
Https://www.bbc.co.uk/news/articles/cj5lvgyy5y1o.amp
This might be the catalyst for the rise. Very significant and big departure from the norm that a brewer invests in pubs, and emphasis on suburban (vs city centre) location in which Marston’s specialises.
Don’t forget Prince Harry who might decide to stop by a Marston’s to have a pint on his return from the Invictus events, making the chain the go to place of all American tourists.
Or Elon Musk who might want to do a deal with the chain to trial FSD 13 ("fully self-drinking").
What a poor piece of clickbait from the Daily Mail.
1- it lists some business(es) which it explicitly says are not ripe for takeover yet.
2- it gives reasons for their trouble (reasons not over yet), but for more than half of the companies listed, it does not say why they should be worth buying.
@originalharrystamper - I clearly did. TBH the sarcasm was even harder to spot considering the overall tone of many of the other posts from most people on this board.
Anyway, clocking off for the day.
Not necessarily. Day trading on volume and low spread shares (so NOT this one), when done competently, can be profitable. I occasionally day trade OTHER SHARES myself.
On the other hand, low caps with high spread can hardly be day-traded, so it's probably impatient punters who have been selling shares today.
This share is far more for medium to long-term investments.
I, for once, have a much much much much bigger target for my 2.15p (ish) average, so I barely check the SP and the company news (i.e. RNSs), let alone this board, daily, because I am reasonably confident of the extraordinarily bright future of this company based on its product range, the evolution of the business, the timing of the past placings, and the broader economic, political and (unfortunately) environmental situation.
All the best to all holders and everyone else who has a modicum of integrity.
It's very easy to check whether this is a buy: compare it with the bid/ask for the transactions before and after the time stamp.
Those 2.1p look like they were well over the previous ask (i.e. the advertised buy price).
EarlOfAim - thank you very much.
I don't quite get why you think I'm especially positive though.
I must say that I'm not a fan of when you bombard the board with "what ifs" either. However, I must admit that I've been around these boards and seen similar posters long enough to know that asking you to please slow down is unlikely to make a difference. And I've witnessed far worse posters and disrupters than you anyway.
Needless to say, I ultimately wish you the best of luck with this and your other investments and trades.
Respect to you for not taking personally my last comment - I hadn’t even paid attention to who was the author of the last post before mine when I wrote mine.
Especially taking into account the often puerile attitude of posters on LSE.co.uk.
Sorry but people complaining about the lack of contract updates is a display of incompetence.
The interviewee from Zenova said explicitly an update was expected 6-8 in weeks (minimum, IIRC) from his interview date (22 March) available on YouTube.
https://m.youtube.com/watch?v=xqbw_S1Q53M
It’s only been about 4 weeks.
Or maybe somebody who has been following this share for years, knows it’s priced just above cash in the bank with no material debts, saw the solid last set of results and noticed the clear hammer at the bottom of a short-term downtrend. Just as wildfire season is (unfortunately) starting again.