The way that Morgan Stanley soaking shares could mean they are buying on behalf for an oversea investor at the moment. Looking @ BAL, Morgan Stanley did the heavy buying for millions of shares between $9-$10 for Mitsubishi finance. Last time they did the heavy buying around similar level, the SP ran to $20 +. I think they are pretty good on spotting the sector cycle movements [look @ when they call the top of the Lithium Cobalt last year, the whole sector did heavy retrace till now].
Pretty good indication of where are we heading to under the guidance of Morgan Stanley IMO. The crazy retail sellers only shake me head. Some one is gonna regret a lot on selling @ current level within at most a quarter's wait, or even weeks.
Good luck holders, I can not wait to see us sitting above $2
The way that Morgan Stanley soaking shares could mean they are...
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