Press releases of new products, new facilities in india or england,awards etc have nothing to do with company sales improving.waters is the most shorted company in its industry.these hype announcements are designed solely to increase share price.shorting allows people like udit borrow large amounts of shares from institutional investers and sell at the inflated price and then when the price goes down buy back the shares and return them to lender pocketing the profit.expect these hype announcements everytime the share price drops.infact I'd be expecting something going to press this week after latest price drop
1 reply
New product announcement today of alliance bio is instrument.small bounce in market,wait for the shorts ready to pounce.thing is we were sending these out the factory door in wilmslow 9 months ago.