That the market in general believes that the takeover talk has legs but is still nervous about committing as so little is known and the parties are being super tight lipped. You can’t read it any other way. In a perfect world, I’d like to see a deal that enables MM get some payback on the shorters but at the same time not leaving retail nursing a decent loss.
Poker- an extremely good riposte but I fear that it will fall on deaf ears with Bantham because he/she is not here to have a rational discussion, they are here to cause fear. It may be that nothing comes of these rumours that’s true but the fact that some posters are taking the time to comment on a company that they apparently have no financial interest in speaks volumes. Where some see them as paid derampers, I’m not sure that is as prevalent as you may think. I think some have just been burned and are now venting their frustration. As Elsa once said so eloquently….. “Let it gooooooooo”
Dan, it’s a drop in the ocean and wouldn’t even touch the needle. I appreciate the sentiment but it’s crazy to think otherwise.
As for investing in businesses that I don’t use personally, I do that all the time. It has no bearing on my decisions mostly. Sometimes it does of course (those are the best if you can see the potential before others) but mostly it doesn’t.
That MM is just going to let people keep guessing. You have to remember that he is a maverick and hates the City. There hasn’t been any outsized sp action that the FCA might be interested in, so watch this space.
RE: Always difficult to buy when price falling07 Feb 2022 10:25
It’s the toughest thing to do but as long as the drop is irrational, it usually pays off. I’ve just started a position in Facebook for just that reason. It makes me laugh when I see people saying “ Facebook is dead, kids don’t use it anymore” forgetting that they own a huge portfolio of tech companies. If you can be patient in the market, you will make money. It literally is that simple. Yes, you will occasionally get caught out but on the whole, you will win.