Ssp Takeover Rumours (SSPG)

The cynic in me did wonder that! The underlying takeover potential for ssp, wrenched out of the hands of what seems like fairly poor management, doesn't seem factored in the price. I'm trying to target this trend, also with victrex, and rentokil which has made me a small profit, looking like it's going this way.

Needs a takeover rumour to circulate here..... then bingo...

Taken from an FT article ....Financial Times) Hedge fund short sellers burnt by flurry of UK takeover bids“Shorting any UK mid-cap is insane, literally insane,” said one hedge fund executive who specialises in shorting stocks. “The numbers [valuations] are just so low in the vast majority of cases that a $2bn UK company is peanuts for any mid-sized American company. Your sell case has to be unbelievably compelling and feature the stock going down at least 50 per cent”, or there is a risk you lose 50 per cent if the stock gets bid for, the person added.

Some serious stakebuilding going on in the back ground here.... takeover rumours about to kick off. ??