I agree Wasa.
Even if the new holders that bought in at 4.1 not so long ago have been tempted into selling, their minute holding would have been hoovered up in about 1 hour with the feverish buying of late.
Volumes have been massive and one can only summise, that sellers now, must surely be some of the long termers who are either reducing out of fear, or getting out now that their losses have finally been recovered.
I must confess, I sold 135k at 6.1 for a combination of both the above reasons as well as hedging for the possibility of a hefty pullback should Europe soil its pants.
Still holding just under a million though, and will only sell those when Sir Eddie tells me to.
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