Ann: Change in substantial holding - J.P.Morgan , page-6

re: Ann: Change in substantial holding - J.P.... I agree with nursery on JP Morgan.

It has been a great run to here so far, but I am personally concerned about JPM, and their intentions.
I have experienced the SP manipulation on other shares (see LYC) when they have bought in, and juggle their percentages.
Not forgetting they are sitting on $1 profit at current prices.
Yes they have bought up to $2.61, but personally am suspicious of what their next move is.
My money is on a "reduction in substantial holding" notice.

Also 23 million odd shares at $1.60 to come on to market next week (or within the month after).

Personally I don't think currently there is good support at these levels, and that they can sustain SP gains daily without retrace.

At the risk of being a "moron psfincter", I have lightened my exposure by 50%.
I am bullish over all about this stock, but feel the next couple of weeks may be turbulent, so am taking profit whilst I can.

Good Luck to all.