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Someone might be trying to bring the price down Edward but looking at the movement I’m not sure they will be able to. If they do then I get another buying opportunity, but if I don’t as shorting I’d be sweating right now
I keep looking at the charts and it’s exactly the same pattern as the last time they won a big contract. I can’t help but wonder if a firm is getting inside information and shorting and then building up a position. I’m going to keep buying
Snappers comment is hilarious; ‘no client would risk a contract’. I’m guessing by that snapper has never been involved in large scale tenders and the due diligence the likes of the German and Dutch government would carry out before committing to any bid. The shorts have shown their hand. They have to duck out before any big news. They at best will carry on until the December trading update when they have to duck out again. In the meantime I will continue to build up a hedge at these low prices and think about what colour Porsche I want, good luck snapper