LordAdam20 Jan 2016 11:38
Agreed. Unfortunately as you have previously pointed out, the volatility here is caused by only a small percentage of shares in free float. I can't see why investors should be so easily spooked into selling when a number of analysts have pointed out how well the company is doing. Having read simon thompson's article in the Investors Chronicle (last fridays printed edition) he is pointing to a target share price of 4p for example. investors seem content to ignore such analysis and head for the hills at the slightest sign of trouble in the wider market. With oil likely to dip to $20/brl or less the market looks set to fall further. How far or if at all Trak follows this trend is anyone's guess.
It's not just the falling oil price that's spooking the market. Apparently banks in europe have more than one trillion dollars in non recoverable debt lent to countries etc and its how politicians, central banks and the IMF are going to deal with this without a repeat of 2008. Debts have ballooned higher than eight years ago and interest rates are rock bottom. QE kicked the problem down the road but now its coming back to haunt the world's richest economies. Then there's the matter of emerging markets................... It's going to take careful management to steer us out of this one and create some certainty that stock markets will like.