Help with Optimal Payments shares, (OPAY) please

happyhero

Hi I have some OPAY shares and they have done really well over the last year but now there has been a fair size drop over the last week or so and I am not sure what to do with them. I have read up a bit on them but I am no trading expert and need some guidance, can anyone take a look please at them and give me your opinion as to what they think they will do next, i.e. is this just a blip on their good course they were taking or is it time to bail out.

As I say I am not an expert so go easy on me please with the tech talk.

Any help appreciated

Linton

happyhero wrote: »

Hi I have some OPAY shares and they have done really well over the last year but now there has been a fair size drop over the last week or so and I am not sure what to do with them. I have read up a bit on them but I am no trading expert and need some guidance, can anyone take a look please at them and give me your opinion as to what they think they will do next, i.e. is this just a blip on their good course they were taking or is it time to bail out.

As I say I am not an expert so go easy on me please with the tech talk.

Any help appreciated

This is the cause. Two major shareholders selling out will bring a lot of shares onto the market which will hit the price. I guess the drop wasnt because the sell-off had happened, but just on the news that it will. So people were selling now to avoid the future drop, which means that there wont be so much of a drop later if any, as is the way with the markets.

Not necessarily anything bad, unless the major shareholders know something that no-one else does. It could be that they are taking profits as the price has increased a lot recently.