Me and the Fat lady were just discussing your post. Im not sure any fund manager out there is allowed to buy with the company in such a state ( debt too high etc etc etc ) In fact I note fund managers have been quite aggressive sellers over the last few weeks....
Perhaps it is just the PI's keeping things afloat..
Thats an interesting view. May I suggest that if this was the slam dunk buy then we might be seeing institutions adding to their holdings at these levels ?
Your comment
" if you'd bothered to read these RNS you'd see that all the BoD held a pitiful amount of shares in the first place."
sums things up really does it not ?
LALALALA... Whats that I hear?
If I may suggest a further strategy which will ultimately be a good one is to stop buying at all at any level.
PI�s get wiped out every time in these situations.
Market price action tells us all its a gonner
I noticed Caledonia had sold out of some of their holding today. I had them down as slightly more sensible than waiting till this level. I mean its obviously close to game over or as I like to say, lalalalalalalal ( fat lady singing ) :-)
WOW! Classic stock price manipulation ? Like you would know!
You have no idea what you are saying. Its just a stream of consciousness...
You really are losing the plot.
p.s. As always. I am a strong sell. I havent been wrong yet.
If I may point out, that Trolls or otherwise on this Bulletin board or any other have absolutely no bearing on the price of this share. Its simply a zombie company. Take your rose tinted specs off and see it for what it is. It is finished.
Its 5p now cos its a dud. Blind hope aint putting dinner on the table.