Interesting to note that it seems that Morgan Stanley ate in the process of cashing in their profits.
Who can blame them.
This has run nicely until now.
I am a little cautious at getting into this excellent company right now as this 10% holder (MS) seems to be profit taking.
It may be that other large long term and medium term holders follow suit. DYOR
We punters are at the bottom of the food chain, so watch your backs on this one please.
Great company.....but with investing, timing is everything.
Of course there are arguments for and against right now being a good time to buy. Me, I don't think so. There's been volume selling on recent highs.
I'll sit back for now. Go the punters...buy on lows
morgan stanley selling down their 200 mil odd
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Last
$6.25 |
Change
0.080(1.30%) |
Mkt cap ! $5.841B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.26 | $6.17 | $15.83M | 2.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 18985 | $6.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.25 | 53073 | 5 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |