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Share Name | Share Symbol | Market | Stock Type |
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Bidcorp | BID | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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Top Posts |
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Posted at 11/5/2008 21:37 by yump That the bid rumours could be deliberate hot air in order for shares to escape the doldrums and some investors to get out.All the discussion on the boards usually revolves around how logical it would be for such and such a company to be 'interested' in the target company and what good value the shares are. There are quite a lot of sudden vertical rises out of nowhere, with no tangible bids, just rumours. I just wonder if my suspicions of manipulation are too cynical. I really don't believe there are that many companies actually all interested in a real acquisition at the same time. |
Posted at 09/5/2008 09:47 by yump So the small cap market has taken a battering over the last year or so and so have plenty of investors. Lots of small caps seem to have levelled off, but not at a level where anyone who bought previously would like to sell.Suddenly there are bid rumours all over the place - all at around the same time - which in my book is odd. Perhaps real companies all spot bargains at the same time, causing a mass hunt for cheap acquisitions and therefore bid rumours abound ? Or do a lot of investors have a lot to gain from getting their money out at 50-100% higher than the recent bottoms, albeit at a loss from their original investment ? Or perhaps not such a big loss if you bought a huge lump at the bottom, just before the bid rumour(s). Do I trust the City ? |
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