Another shake!5 Apr 2024 08:19
They have some disgraceful cheek MM to open this at nearly 36 to buy with NT for any volume and then shake the spread back to 33 v 35. How thick do you have to be to sell on these ridiculous and certainly questionable actions. Buy any faux created dips because we are definitely heading today into the 40’s as pressure is building here. This is a gamechanger development for 88e and hasn’t even begun to be reflected in the current SP, this is no longer wishful thinking for a higher SP but actual fact based reality now! Tons of large buys went in yesterday and clearly MM were playing the price to get them done. Any buyers now will have to pay higher as the MM game isn’t going to work here today, nobody is minded to sell now, they’re holding tight for the real rerate here around the corner and buying more and buying big! IMHO DYOR GLA