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Strong hands on Mps? Even today the yellow continues: the title is immediately up +11% on the Stock Exchange

From the first investigations by Consob it emerges that the boom in the Monte Paschi share (+19% yesterday on the Stock Exchange, with 11% of the capital traded) is linked to purchases of one or a few strong hands capable of unleashing such a robust movement – ​​Even today the Sienese bank's share is off to a flying start: +10% shortly after 9,15 am.

Strong hands on Mps? Even today the yellow continues: the title is immediately up +11% on the Stock Exchange

Aaa, strong hands wanted. From the first Consob investigations it emerges that the boom of the Monte Pasch stocki, which closed yesterday at 0,22 euro, with a growth of 19,24% on the previous closing and after being suspended twice during the day on the upside, is linked to purchases of one or a few strong hands capable of triggering a so strong movement. Explosive volumes: 1,45 billion shares changed hands, equal to about 11% of the share capital. 

The ride of the title therefore raises more than one question. What stage is the research at? Foundation of the buyer of a 20% stake in the third largest Italian bank? Are any private partners leaving? Do the purchases originate from a bet or from more or less precise information? 

The appointment for the next episode of Siena's thriller appears increasingly tangled. The Foundation seems determined to initiate criminal proceedings against the former top management and 11 banks for initiatives related to past management. One more obstacle for the formation of the guarantee consortium for the increase that Fabrizio Viola plans (or planned) to announce next week.

In a mid-morning press release, the Mps Foundation declared that it had not carried out "on 5 March 2014, any transaction on the electronic stock market" and that it had not entered into "any sale and purchase agreement relating to the investment in Banca Monte dei Paschi di Sienna".

In the press release, the Foundation immediately specifies that it has taken action "at the request of Consob", to deny what was reported in the press. “The investment of the Mps Foundation in Bmps is, as at 5 March 2014, therefore equal to no. 3.677.315.802 ordinary shares, corresponding to 31,48% of the bank's share capital”, concludes the note.

Meanwhile, the Mps stock continues its exploits in Piazza Affari: even today, at the opening of the session, it is already gaining 10% 0,2433 euro. 

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