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Share price in freefall

Posted on 9/16/14 at 10:17 am
Posted by TN Bhoy
San Antonio, TX
Member since Apr 2010
60589 posts
Posted on 9/16/14 at 10:17 am
What would this indicate?

Over the past two days, shares for a company have gone from 22p a share to 18p a share (and still dropping).
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 9/16/14 at 10:19 am to
quote:

What would this indicate?


That people are selling.

If you want a more serious answer, most will want to know the ticker for the company.
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 9/16/14 at 6:19 pm to
quote:

Over the past two days, shares for a company have gone from 22p a share to 18p a share (and still dropping).


As has already been said, this merely indicates demand is slipping. There can be many reasons why ranging from "Oh my God the Rangers will get relegated" to some Russian oligarch's daughter breaking up with her player boyfriend and selling her shares to express her displeasure.
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