Not sure just yet there may still be more buyers. On level 2 there are two buys in the waiting list looking to buy for 60p.. Mind you having said that there is a sell for 75p for 50k shares so who knows who will win this round.
That explains the low today they had a big order to fill so artificially pushed down the prices .watch how many sales of 1 share or 5 shares went through its a mechanism to push down the sell /buy price to force stop loses to be breached .Once all orders have been filled it will sky rocket back up
I see retraces as chances to enter the trade again just like the institutional players .Use the professionals game follow in their footsteps and your good
BELIEVE ME, NOTHING SAID ON THIS BOARD IS GOING TO RAMP THE GSK SHARE PRICE. ITS THE £43M DEALS THAT GO THROUGH (BUYS OR SELL SELLS) FROM THE INSTITUTIONAL PLAYERS THAT SHIFT THIS SHARE ONE WAY OR ANOTHER.
You are right . It makes no sense having given the matter some thought. I guess seeing the share price around the same price as it was 22 years ago when I made my first share purchase made me wonder why on earth it had got so low. Another thought was that due to hospital and surgery's having been closed down due to covid perhaps some of their sales are down.
Seems as though there are some takeover rumours for GSK on ADFN. Would make sense with this low share price there has ben some terrifically large buys going through. WHO KNOWS