Wednesday, March 9, 2022

TASE mysteries


Idan Ofer - the owner of 45% of ICL - sold 1.5% to funds that were desperate for the stock. Idan said that the price was high (in fact the highest ever). Immediately, the stock's price sank 7%. Is there something he knows that he is ready to sell now when the perspective of the future rises is 100% certain?  Speculators certainly seem to think he is hiding some weakness.
I am watching Jen Psaki's press conference and am impressed. What a yegua!

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