Share price went up 30% without real news.
This may indicate that the spin off scenario for the insurance sector might materialise.
All the others - good luck and good night
6 replies (most recent on top)
Yes, pump and dump. Smart investors be careeeeful - rest will be fooools
@as you are spot on! I also think all the "cash flow" with close to no margin is helping DXC buy back shares in the hope that they get sold before end of fiscal 27 so they can keep hiding the fact that this is their last year before chapter 11. TR now head of apac is a massive joke. Ramnot was also his boy so you can imagine the caliber of people they are surrounding themselves with
You can only buy so much of your sh-t to try to persuade people it's not sh-t. That is what is happening, dxc buy back. But the markets recognise a hot steaming tu-d when they see it.
I think the OP means the share price is down 23%+ this year
Nothing to do with an insurance sell off. Under Rwool the share price tanked down -55%+ to $11 per share. Whilst he does not have the skills to turn the company around the company is profitable on the back of employees making $650million a year. In valuation terms the shares bacame too cheap, the company could be bought out in 4 years with the profits so was underpriced. The rebound was going to happen until the next quarter results when Rwool comes up with more bowl to keep analyst hanging on.
a market move or a con? Blackrock vanguard dimensional & invesco are gently adjusting positions, very softly very professionally. And definitely not making eye contact with each other!!!. the end game is small investors will be stuck with paper worth nothing.