long position opened in Man Group

The chart below looks excessively oversold to me and so I have opened a position on the long side in Man Group today noting that Carlson Group have declared an opening short position of 0.3% of Man’s shares this morning. SBM v Carlson!

Here’s the link to our feature on Man Group in the opening issue of our magazine (page 53) – http://issuu.com/spreadbetmagazine/docs/capital-spreads?mode=window&pageNumber=1

Takeover chatter is likely to ramp up if the shares continue their slide.