Regular Buying, 100K Bed and ISA at 8:51 (PI confirmed), prices paid for Sells steadily rising, accumulated nett trades reach c. 900K at the end of the day yet the apparent SP falls by 0.125p.
Overall the Market Makers are now short by c. 3M shares – the tactics have not been working so far, the lower they try and push the price the more in a hole they get. The old (not that old actually – it may only date back to 1993) adage ‘The market can remain irrational longer than you can remain solvent” – perhaps needs to be rephrased for the Market Makers as “eventually, and always, you run out of people to fool”.
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