I know it's hard to guess but where do you anticipate the share price being in 9 months time? Also wouldn't shares rise based on an interest rate rise, the rise is only going to come when the economy is strong enough?
the Woodford purchase is a good sign, but will it appear on the RNS?
their trade must amount to 36m quid, which is a huge trade, and could trigger stop orders.
today's high is 419.3, yesterday's low 419.2 so its virtually outright freefall.
eventually people will accept my theory that the price is being manipulated to a band where the govt cannot be accused of undervalued/overvalued IPO. 6% (3.50 price) would be a realistic profit on the IPO for this. I have a 300 quid limit buy order at 3.50 AS A LONGSHOT BET
if the price does venture below 3.30 I think it will be manipulated upwards, just as it is manipulated downwards currently.
the upper acceptable bound would be 10% which is 3.63. one doesnt know the exact point the manipulation stops, so you one can put a slightly higher price. I seriously recommend limit buy orders, as these act as downward graph magnets.
as the time window closes, I will up my bid, but I want to see where the market is say on Mon 22 Sep.
of the trade that rocketed very quickly, that then stalled, I sold off all but 300 quid for 17.2% profit today. the remaining 300 in case it rockets again. I then topped up 3 of my potential rocket shares where the price is low, with some 300 each.
my methodology now is to put just 300 per trade. I want to see how this "discretion" methodology fares.
with manipulated shares, at certain points I know from the graph shape that the price is probably optimal.
what I think may happen, is the freefall will continue, but gradually big fund purchases will appear on RNS which will stabilise the price. there is another 10.5% to go till 3.63, so its not too late to limit your losses!
its essential to eventually limit losses. some trades are just jinxed, as kenny rogers sings: knowing what to throw away, knowing what to keep. IMHO the optimal approach is to buy low, where the existing minimum is not outdone. ie its ok and typical for the price to move downwards after purchasing. but if the existing minimum subsides, then your trade is misjudged. and I would say to sell within 6 months, limiting your losses if no profit.
long term trading no longer works as a methodology because of the huge increase in amateur money via the internet since 1998. you need to beware also that UK and US stocks are gonna plunge when interest rates increase, because many will move their money to loans.
regarding the two managerial trades of some 50000 quid, that may have been because those 2 directors werent awarded any shares in the freebie shares they gave many managerial people on 24th July. eg Moya Greene got some 400000 quid of FREE shares, the low that day 446.4
they may have decided to buy coz price was lower than freebies, buy directly vs via scheme.
the manipulation is to justify govt IPO price. everything on target.
Fear - poor sentiment - shorters - panic selling - an endless list BUT hold on and dont look (if you can) at SP for 3-6 months and current SP will be a distant memory - Why - well look at the fundamentals - strong cash flow ,increasing online sales , stream lining and more efficiency to be gained. Yes there is strong competition and it is seasonal to a point but with a great dividend(re-invest it) - high prestige , directors now buying and fund manager(TW) buying this will soon find the bottom. RMG is VERY oversold. All IMO
is this relentlessly falling?? I don't post often but have had enough of this misery! In short I had 6 lots of 227 shares. I sold 4 lots last October and between 570 and 580 when they floated banking a huge profit. I kept 2 holdings for my sons aged 8 and 10. Please can somebody tell me why this is in free fall?? I too think sub 400 is coming as there seems to be no damn support! The share is in ftse and this has not slid nearly as much. answers please anybody?
dont worry about the shorters.. they have had it good atm but it wont last just over 600 to just over 400 yes its a shocking drop still think this is being played rotten anyone think this will hit 600 again at some point? thats 50% rise if buying in now good sign woodford fund buying in selling at a loss on this is madness imho play the long game peeps chances are you will win every time order set to double my holding... not far from here
Last week, Royal Mail’s chairman Donald Brydon and non-executive director Paul Murray decided the time was ripe to pick up over £50,000 worth of shares a-piece: Brydon bought 12,500 at 420.6p and Murray bought 12,304 at 421.5p.
If you reckon the directors know the price of stamps, you can buy in at about the same level — 420p at the time of writing. You’ll be paying a below-market-average 12.4 times forecast earnings and can expect a first-class dividend income of 5.1%.
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