Seriously why the drop, am I reading the wrong results?
Why are people buying at yesterdays prices and selling today.
Can someone point out the red flag I have missed, however obvious it may seem to you.
My recommendation would be buy for the long haul so that when the good news hits and the activity picks up the MMs and day traders have little shares outstanding to play with forcing the MMS to jack the price and close the spread up in order to satisfy short termer traders. Once the activity ceases the real investors are left with a good increase in capital value.
That's my hypothesis. I accept that I could be unequivocally wrong and I am happy for anyone to correct me on that.
Am I allowed to go on forums, chat rooms and any other form of communicative medium encouraging people to buy arc. Or would I face a legal liability of some sort.
I also had trouble buying arc, had a few letters from HSBC saying that they could not buy at this time etc, managed to get them in the end though thankfully.
I reckon I will sell my entire holding at 20p :D