RE: Another tranche bought6 Mar 2020 09:04
Agrressive moves downwards are often followed by an even more aggressive move upwards. I think I read that 90% of PIs lose money - the MMs normally read fear and manipulate the SP to suit them. Look at it logically (take the macro picture out of the equation) you have a commited buyer that was aquiring stock at 50p+ and builta 12% holding. Does it not stike you that an holdings RNS has not been released advising what he bought at 40p, 35p, 30p etc. All the while the MMs have walked the sp lower?
Each to their own, but i think some of those short have closed up this morning and will be reversing their trades.