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"I think the instos are unloading now"sybasedba, if its the...

  1. 1,770 Posts.
    "I think the instos are unloading now"

    sybasedba, if its the instos that are selling who are the dummies that are buying - only leaves retailers.

    I think that its the other way around. Fear is causing retail investors to sell and the instos and sophisticated are soaking them up. I would not be surprised to see a change (increase) of director holding notice in the next couple of days.

    I bought into PRR for the fundamentals. In this regard nothing has changed. The market is reacting to external factors - Dendreon, US economy, Consumer sentiment etc - all factors which have nothing to do with PRR.

    Phew! I am so glad that the capital raising is out of the way. Imagine trying to attract funding with all this noise floating around. Well done Martin.
 
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