GREY:IPHAF - Post by User
Comment by
culateron Jun 12, 2008 11:28am
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Post# 15177265
RE: Where's the bottom
RE: Where's the bottomOr brokerages who have a large inventory of ISA shares and are in the business of selling (trading) shares when the opportunity presents itself. They are finding buyers right now without driving the stock through the floor. There is quite a volume of shares trading in the past couple of months and it does not appear to be panic selling (some day traders and stop loss trading that creates unnessesary emotional selling). The buyers must view this also as an opportunity and are probably expecting news shortly that Roche will make a positive announcement. My question to you would be 'why are people buying the shares', we are all privy to the same information? Age old question, who is right the seller or the buyer?
culater