Saturday, December 15, 2007
Ramping, after a quick buy?
There will always be people who think they can influence the market...so this guy has just bought and is now trying to stimulate growth: ''Anthony Bolton, the veteran fund manager at Fidelity International, is calling the bottom for property stocks and considering buying battered-down shares in housebuilders and retail companies. ...Mr Bolton said that he had bought into a number of well-known UK property stocks in recent weeks. News of Mr Bolton’s strategy came as a report revealed that prices of commercial property buildings had suffered a record one-month fall in November, twice as steep as the worst monthly price declines felt in 1990, at the depth of the last commercial property recession.'