Old Mutual

[Eagle_Canyon]

Old Mutual must have a real good upside. Hammered the most by previous exposure in the USA, and linked to the retarded share performance on the London stock exchange. Numerous calls to de-link the tie to London linking, in order for the share to release its true local value.

[#2]

I wonder who's off loading these amount of shares in OML?

[MichaelR]

I wonder who is buying?

[#4]

and is this positive or negative...good or bad for the ones that is holding long or short....does anybody know something out there???

[divz]

Ya, this is strange huge volumes been going through since last week almost seems that its one large holder moving shares to another large buyer without having to go through all the red tape dont think thats possible though but never know. Will be interesting to see what happens when these volumes drop off this has created a very strong technical support at 1000.

[divz]

OML average volumes are round 20 mil already at 23 mil and only 11h30 unbelievable

[#7]

OML broke the 15ema support and keeping below it. Not a buy at the moment . Exept if you are a: stochasticalvolumetradinggapseekingintradayeyerollingbumscratching boffin.. my opinion.

[Eagle_Canyon]

The share definately has support. couple on months ago a pension fund form europe bought 2 billion worth, which jumped the share to almost 10.50 from less than 9.50, based on its assesment of the stock being under valued. So on the comments, I do believe people are buying. Technical level in current volatility is 1000, while we should see the upswing as soon as sentiment improves. Financial advisors are calling furiously on customers at present, understanding that interest rate cuts has relesed some houlsehold income. All those people who surrendered their policies in the last 18 months are condiering re-investing. This can mean only one thing!!! This share top value not a long time ago was 2500. How close can we get over time?? I do not know. Longer term, I think we will see the value re-couped and even exceed previous high levels

[divz]

crossed 11 day, 15 day but 22 day a good support in a share thats trending up quite strongly so if your a swing trader maybe catching the bottom of the channel worth a long me thinks