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The best time to buy a stock is when someone else has to sell it for reasons that are not specific to the stock in question. Margin calls at spread bet accounts have forced some to sell at the wrong price. Some in the know seemed to have bought quite a few today ....
IG and other spread bet providers raised the margin requirement on about 900 small stocks from 50 to 100% a short time ago. They gave a small grace period for holders of these stocks to meet their margin calls that has now run out resulting in forced sellers last week. Ideal opportunity to get some cheap stock on board
The market is so short of Lex they are really trying to keep the bid low so not to ruin their Mark to market p&l . Sooner or later the Dam will breach and they will be desperate to cover their short.
Another 250k buy sneaks through after close of play.... don’t hang around and complain you haven’t bought a share and they have doubled. Follow The Money
It seems the giving away of stock at 2.50 has dried up but the buyers haven't and hearing rumours that someone is bidding for stock away from MM'S... got a feeling you wont be seeing this price for much longer!!!!
No one goes from 13% to 14% and stops there!! at least the souls willing to give their stock away at 2.5p can see where their shares are going to end up!