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TSX Lithium explorer International Lithium Corp prepares to drill at Raleigh Lake Watch Now

TSX Lithium explorer International Lithium Corp prepares to drill at Raleigh Lake
Exclusive: Hardman & Co Investor Forum - Severn Trent, Calculus Capital, Volta Finance, Residential


Saga Share Chat (SAGA)



Share Price: 35.80Bid: 36.12Ask: 36.28Change: 0.00 (0.00%)No Movement on Saga
Spread: 0.16Spread as %: 0.44%Open: 39.72High: 0.00Low: 0.00Yesterday’s Close: 35.80


Share Discussion for Saga




View all SAGA Messages

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rxdav
Posts: 2,325
Opinion:No Opinion
Price:49.64
RE: was that the dead cat bounce?
24 May '19
Looking like a bit of a drifting day here - maybe the political news has dampened matters for a while?

If it is going down again then I agree that 48p looks the next significant event.
 
boraki
Posts: 740
Opinion:No Opinion
Price:49.30
RE: was that the dead cat bounce?
24 May '19
I suspect a new low will be hit today.

Possibly low 48p
rxdav
Posts: 2,325
Opinion:No Opinion
Price:49.90
RE: was that the dead cat bounce?
24 May '19
So, is this another short lived rise to trade or just a false dawn?

SAGA AGM: Motion #1 - SACK LB (with immediate effect) - all those in favour say 'Aye' !!

IMO
cxs1
Posts: 149
Opinion:No Opinion
Price:49.42
RE: was that the dead cat bounce?
23 May '19
Rx, oh yes, absolute dross, the industry must use them to plant their seeds. Then very shortly afterwards they catch us all out and move the price opposite way ofcourse.
rxdav
Posts: 2,325
Opinion:No Opinion
Price:49.42
RE: was that the dead cat bounce?
23 May '19
cxs1: I think that article should have been titled - 'how to sit on the fence whist saying something pointless but trying to sound insightful' - just another bloody useless talking head (but thanks for the 'heads up' anyway).
IMO
cxs1
Posts: 149
Opinion:No Opinion
Price:49.64
RE: was that the dead cat bounce?
23 May '19
New lows coming, as expected. When is peak fear?? With EU Results comin through soon and maybe TM moving on announced pressure is building.. I'd guess articles being published to coincide with the drops too..

https://investomania.co.uk/2019/05/do-ftse-250-members-saga-plc-and-royal-mail-plc-offer-share-price-recovery-potential/
sj1313
Posts: 506
Opinion:No Opinion
Price:49.62
RE: was that the dead cat bounce?
23 May '19
if this drops to between 45 and 47 will be difficult for me not to buy back in
rxdav
Posts: 2,325
Opinion:No Opinion
Price:50.15
RE: was that the dead cat bounce?
23 May '19
And what chance do you give them with LB at the helm Pokerchips? I'd say negligible to zero personally.

Just put my X in the BREXIT Party box - Farage is the only UK politician currently breathing who has a full set of brain cells it seems to me !!

All IMO of course
Pokerchips
Posts: 7,497
Opinion:No Opinion
Price:50.30
RE: was that the dead cat bounce?
23 May '19
This is never a takeover target ...easier just to just squuze with competition and take customers over to the competition..

The more UK gets squeezed the less loyal any customer is .....

You here all this b*llocks about putting the UK first ...but deep down everyone just wants cheap and best value...whether that is German Aldi or US Amazon or Chinese Alibaba Express ...

SAGA is cheap...below 50p but ...they have a fight on their hands .... and they are gonna have to earn that 60-70p plus SP prize ..IMO
boraki
Posts: 740
Opinion:No Opinion
Price:50.20
RE: was that the dead cat bounce?
23 May '19
I could not agree more.

Crazy times
rxdav
Posts: 2,325
Opinion:No Opinion
Price:50.25
RE: was that the dead cat bounce?
23 May '19
There's likely more than a grain of truth in that sj1313 - but you can't blame forks for trying to gauge the (latest) bottom - even though we all know it's more often luck than good judgement if you do get it right.

I may well miss another bounce - but I'm not touching this over 45p - it's volatility is simply ridiculous for an FTSE share - you'd get less on many (most?) AIM shares !!!

This is supposed to be investing - not bloody gambling (which it's looking increasingly like!!)

IMO
sj1313
Posts: 506
Opinion:No Opinion
Price:50.25
RE: was that the dead cat bounce?
23 May '19
I think in this situation too many people wait for it to get too low and it rises before they can get in. just my opinion
2reincarnated
Posts: 3,669
Opinion:No Opinion
Price:50.30
RE: was that the dead cat bounce?
23 May '19
like I said the ''dead cat bounce'' would be designed to ''draw in the mugs'' whom think it is about to turn.
Don't get me wrong, it will turn, but from what low?
sj1313
Posts: 506
Opinion:No Opinion
Price:50.35
RE: was that the dead cat bounce?
23 May '19
49p looks pretty probable today, followed by sub 49p tomorrow
boraki
Posts: 740
Opinion:No Opinion
Price:50.35
RE: was that the dead cat bounce?
23 May '19
Certainly hope so sj,,, i.e 48p
rxdav
Posts: 2,325
Opinion:No Opinion
Price:50.35
RE: was that the dead cat bounce?
23 May '19
Cant blame you sj1313 - trading the FTSE (if you have the will, intuition, experience and stomach for it) seems to be becoming the new norm. I'm just a guy who wants to earn some income from his hard earned retirement pot - and look at the way dividends are being slashed through the FTSE 350 (SAGA, RMG, VOD, SSE being just the latest - CNA and many others to follow I suspect) - which I can live with if I'm not also seeing my capital eroded - which I am. It really does seem as if markets are currently actively trying to push folks out - barking!? Furthermore, the level of trust in BoD's, LSE and FCA are now near non existent - hence time for a serious change of strategy methinks.
I think 48p might look a good price here soon !!!
IMO
IMO
sj1313
Posts: 506
Opinion:No Opinion
Price:50.35
RE: was that the dead cat bounce?
23 May '19
rxdav; ive changed my strategy after the last year and sadly it doesn't pay to stay in shares too long anymore. I started investing majorly after the financial crash and it was pretty easy to ride the rises but the shorts control the market now in my opinion and their influence seems to hold no bounds.

boraki; looks like we are going to get the 48p buy in
boraki
Posts: 740
Opinion:No Opinion
Price:52.15
RE: was that the dead cat bounce?
23 May '19
Profit taking kicking in again.

Will we hit new lows this next couple of days.

Very likely.

Crazy times
boraki
Posts: 740
Opinion:No Opinion
Price:51.95
RE: was that the dead cat bounce?
23 May '19
I agree rx, I too have never seen the markets behaving like this for ftse100-ftse350 shares in 40 years of investing.

The markets are making people pull out.

Quite rightly
rxdav
Posts: 2,325
Opinion:No Opinion
Price:52.45
RE: was that the dead cat bounce?
22 May '19
You seem to be trading this well sj1313 (luck or good strategy (or a bit of both?)) - baling out at 54p I think was wise. The volatility of this share and it's many month long southbound trajectory will mean it will likely not stabilise any time quickly. As I said previously - the main markets are becoming increasingly like AIM with regard to trading and short term and small % (relatively) profit taking - the days of buy (blue chip type shares) and hold long seem to be rapidly becoming a fading memory (like many a pension fund perhaps?)
There is something fundamentally changing in the markets - whether it be the exponential rise of algo trading, what micron depth of trust in the LSE being finally totally eroded, The FSA now being openly acknowledged for the joke they are - I don't know. But I've been investing for many a year (decades) and there is something most unusual and sinister taking place.
For the first time ever, I'm seriously considering cashing in all my stocks - (and that's a fair whack between my account and my wife's) and going totally to cash (USD, YEN, CHF, EURO or similar) and/or gold (as in hard bullion - not paper ETF's). Up until now I've held the usual 10% ish as such - but I'm just getting an increasingly bad feeling about what is happening in the markets in general. As things stand I would be down likely £20k or thereabouts if I took such action tomorrow - but with loonies like Trump hovering on the button who the hell knows what might happen - US vs.IRAN being just the latest (of many previous and recent ) potential nightmare scenarios. Last week it was US vs. North Korea, US vs. China trade wars, a resurgent and belligerent Russia - etc.
But I have to say - I'm giving it very serious consideration - maybe go 50% out initially - I don't know yet - but I do know something if fundamentally wrong with the system at present - and it's getting gradually worse, not better.
GLA
Al IMO of course
sj1313
Posts: 506
Opinion:No Opinion
Price:52.65
RE: was that the dead cat bounce?
22 May '19
yes have to admit I took my profits just shy of 54p as I can see this falling and getting another low buy in
2reincarnated
Posts: 3,669
Opinion:No Opinion
Price:53.80
was that the dead cat bounce?
22 May '19
the one I mentioned on the day of the profit warning/writedown?




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