RE: Looks like10 Nov 2023 12:11
Ocado issued it's own trading update just a few weeks back Newdealz. Actually not too bad a read if you care to refer back and certainly didn't imvho justify the falls or more to the point - these vast daily swings, and they are daily. 5% here, 10% there. 8.61% downward swing today as I write. Any specific company reason on any of the days. Probably not and certainly not today.
It's not Instawho? or indeed anyone else. So on the same basis as the Instawho? theory can we expect Amazon, Aphabet or all other tech stocks to fall 8.61% as well today. Of course they won't
So how much of this is just MM's casino-ing the share price back and forth to try and create volume?
My point Newdealz is that it's being made a trading share (and a good one) purely by nature of this fact.
Not complaining. Just pointing it out.