Current Share Activity16 Aug 2021 16:20
Afternoon all, this is my first post in here so please be gentle. JLP is my largest holding though I've only been in for the last 6 months not the years that some of you have been invested.
Today's share price is down around 10% and whilst the volume is over 3x the average volume still less than 1% of the total shares have been traded.... so 99% of the shares have stayed where they are!! I'm surprised that so few shares traded is having such a big effect which makes me think there's something more going on and my guess is that the share is being driven down to trigger the Stop Losses so the shares can be picked up for a bargain. Whilst the drop is indeed worrying (short term) the relatively low numbers traded gives me some comfort.