Confessions from the City

[no66]

http://www.standard.co.uk/business/...-the-market-rumour-mill-turning-10044518.html

 

[hjg]

Thank you for sharing this. Interesting.

 

[Jack o'Clubs]

That 'story' is entirely fabricated. The idea that the sort of journalist who could move markets would listen to the sort of broker whose clients are surburban dentists with £3k to punt is an utter joke. Still, whatever sells papers (or in this case advertising as the paper is a commuter freebie...)

 

[Ivan88]

That 'story' is entirely fabricated. The idea that the sort of journalist who could move markets would listen to the sort of broker whose clients are surburban dentists with £3k to punt is an utter joke. Still, whatever sells papers (or in this case advertising as the paper is a commuter freebie...)

Agree. Typically £150M worth of VOD shares traded daily - need to find a lot of dentists at £3k a go!

Of course the business of moving the markets does happen - after all isn't that what we're all trying to do with our trades. However very few of us have the actual capital to make it happen.

 

[A Dashing Blade]

Been in the City since 1985 . . . story is total BS