The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Quoting now, tight spread.
Can't get live buy or sell quotes ATM on HL ... And I see some biggish buys going through.
Well the link posted earlier says "Gilead is not interested in selling to or merging with another big pharmaceutical company, and prefers instead to focus its deal strategy on partnerships and smaller acquisitions, the report said."
But perhaps buy on rumour, sell on fact.
RZ121 I imagine it is people selling when they decide nothing is happening ie it's self reinforcing.
>>big BOOM next week DYOR
Based on what?
Don't forget the trades reported late etc. MMs adjust the price so they can match buy and sell orders over the whole day ...
Still getting messages from the future ...
lb28 so what you mean is that the sells are buys?
Something wrong with the time stamp on the previous message. One from the future!
I'm averaged at 5.7 p now having first bought in 2014 for £1.89!
I agree with the previous two posts ... the real question is when will they have finished ?!
Yep, reported at 12:57:11, think I'll keep hold of them!
And, yes, the wider market is down and we have had a massive gain lately so a drop is perhaps not surprising as suggested by others.
Well just speculating ...
I just bought 88,792 shares by mistake (while checking buy-sell prices) so these may pop-up later ...
Sorry. I missed this - the 1,000,000 sells at 10:18 and 11:28 might have something to do with the price drop!
MMs may be short of shares perhaps to fill a big order (speculation!). Also i) from experience not all trades are reported on this site and ii) buy/sell designations are well known to be inaccurate. Peeps with L2 will have better insight ...
QF
Bottom line is, OF is no mug when it comes to his personal finances so he must think/know there is significant news to come and minimal risk on the downside despite the battering the world economy is taking tight now.
I remain curious like others about TF selling for 21p but bluerill has made some plausible suggestions.
And I guess the sp will drift until the next piece of positive news.
QF
bigbadbaz, thanks for the opposing view to the opposing view ;-)
dreamachine
I'm sure we will come through this period and eventually thrive one way or another. But will the world be the same?
Buffett, as I expect you have seen, has sold his companies significant stakes in the 4 major us airlines so he for one is seeing a change ... nobody knows how this will pan out in the wider economy. So I am sitting tight on the bulk of my cash right now. For RDSB specifically I'm staying out for the time being (I had been heavily invested for many years).
QF
And online HL won't quote to buy 10k shares ...
A few small trades and a 16% rise - I know the free float is small (partly why I'm here) but I suspect there are some orders/trades we are not seeing (I don't use L2 so this is pure speculation).