A nice battle going on between Bulls and bears since morning with no clear winner till now..SP needs to close Above 230 level closing basis to get rid of weak hands and short sellers.
I second your observation,big players are playing smart and managing the SP within a tight range, not allowing it to move beyond a certain percentage daily and creepily accumulating shares from the weaker hands!
Anyway,I am not willing to apply for the right shares and yes I hold ATOS stocks.The price they decided for the right issue is totally unfair and no where near the current SP.Its a bonker and make no sense!!
I bet it was!Huge volatile market overall and many individual stocks globally broke important support level, so it's very difficult to predict if today's day low is an absolute bottom or not .Surely panic selling happened from retail investors and big fish gobbled those share at cheaper rates.Defenitely a good time to make your move and be out there for some early Black Friday deals on LSE starting with this stock!!!π
Severe Short squeeze on Card next week.A big gap up opening is on Monday itself.Added some quantity based on my capacity when it's trading below 6 pence!
Short sellers going to be slaughtered soon.Once it closes above 15 pence, it will zoom to 40 level on the fuel of short covering itself.Huge short position has been built up in past few weeks from above 20 level