Market's view on Yu Energy
Published on April 2024
- Stock watchers noted that games seem to be played with stock dealings.
- Observations were made on low seller activity at certain times.
- There is anticipation of a price tick upwards following consistent drops over several days.
- Concerns were raised about frequent buying activities occurring after trading hours.
- Discussions included the psychological tactics of market makers, aiming to influence stock prices by manipulating the spread.
- It was highlighted that market sentiments are influenced by underlying factors such as a growing cash reserve, pending dividends, and significant deals, which are expected to transform the company’s market capitalization.
- Some stock watchers expressed concerns over the undervaluation of UK companies, drawing attention to the continuous acquisition of UK companies by foreign entities.
- The potential positive impact of an upcoming company update was discussed, with expectations of it being favorable.
- There is speculation about significant buyers present in the market looking to purchase large quantities of stock.