Intrum as an investment

I must admit that this current toboggan run is quite staggering. We are already at daily OS (oversold) and the momentum doesn’t seem to be slowing down. We’ll likely close well into the red today as well, which makes it 12 red days in a row. In Intrum’s entire stock market history, there was one 11-day losing streak in 2018, so even that record was broken now.

Since no news has come out, I personally can’t think of any other explanation for this than NC’s (Nordic Capital) sales accelerating while short sellers are constantly putting on more pressure (risen to 5.16%). It’s certainly taxing to own a stock where the main owner is straight from hell :roll_eyes:

Of course, it’s possible that another owner is also making an exit, but hopefully that’s not the case and the seller is NC, which I hope we get rid of for good soon.

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