RE: Big drop today14 Apr 2021 15:25
Hi,
I am new to this board, and this is my smallest co holding. I am surprised to see the same manipulation of the SP as I saw on the largest co's. GSK, AZN, BAES. had been decimated 20% drop at virtually no bad news, just interpretation that any news is bad and a reason to drop the stock.
Do not be mislead that the display SP is actually the demand/ supply price, the hedge funds trigger 1 share "transactions" which you can see if you have access to the full LSE transaction list, so they "induce" a down trend to mislead the retail shareholders. Every time when BAES was signing a new military contract the share went down. Without a major announcement, it won't change. Even at a "meet the expectations" results GSK dropped in 30 min 14% as people were panicking seeing the price doing down and not realising that they were just 1 share transactions and very small ones.
Would RCDO be able to reach is Dec 2019 operational level?