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Or we get a Holdings RNS of an institutional buyer. I personally felt shorts were closing this week, only to check every night and the tracker remains unchanged since 15th Jan. Something in my view is brewing, but as it stands today will see good gains in the SP
Well we haven't seen the squeeze as the shorts appear to be holding firm, but there is definitely a buyer - for a change there are far more buys to sells and repeated 12k buys going through. Should the shorts get involved it will amplify that moved upwards - some are now sitting under water!
Stock or was honest enough to say he was in a losing trade and at 31.2 I think would review - yesterday afternoon at 29.2p was a nice opportunity to grab a few. I’m now looking at the chart and it looks a higher high with what should be a higher high. Some 50k buys seem to be gathering pace now - maybe some of the short holders have had enough