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And you're the manure.
But clearly thats what BT are planning to do which it the real reason why the Chairman had to leave the board,OFTEL are going to love the news as it will accelerate expansion which will help BT too.
Personally i can see the announcement of this news rocketing the SP to over £2.
BT is like a vampire that just keeps sucking blood of investors. The stupid company needs to talk about the SP. Openreach needs to be floated as a tech company ish.......£30b valuation. We can sell 40% for £12b to dumb investors. Debt and pension deficit can be reduced while improving the business.
You hit the nail on the head lol
So UBS thinks BT is worth just £10. Billion? What a complete joke.
Does UBS stand for Utter Bull ****e?
Lol - made myself laugh then....
Great that means we going up then!
UBS CUTS BT GROUP PRICE TARGET TO 102 (111) PENCE - 'SELL'
Haha guys it’s BT, you’ll jinx it with these predictions. Now it’s got the wobbles
Dare I suggest £2 by Christmas...
looks like we will be over 144 close of play and towards 150 by tommrow...
Strong start back up towards 140+...
looks like we heading back over 140....
https://www.investingcube.com/bt-share-price-forecast-what-next-for-the-telco-giant-shares/
not for to go to close 150....
let me rephrase that maybe 150 close....
let me rephrase that maybe 150 close....
Indeed , realisation in beginning to sink in ...... we are off to the races!
I did say 140 close is possible...
140 finish is still possible...
"With Powell's speech , i see a 128 finish tomorrow."
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Thanks for the head's-up kingrav. I have opposing views on this. I can see that the US is peeing itself tonight on its indices, so perhaps you have a pertinent point; because when they sneeze - we always catch a cold.
As he's only reiterated what's occurring currently and changed nothing apart from saying interest rates to remain low for next 3 years, I think if there is a roll-on negative effect tomorrow that it will be short lived and at worst just a week or too (and time to load up) as I think a return to bullish momentum will eventually return - with added strength.
Hope you're right kingrav as was going to wait (re-entering BT) for the usual temporary pullback that come with spikes before continuance, but should things turn as you suggest, I will re-enter with a new first tranche tomorrow, then hold back to see if this US carry-on has legs.
If the S&P doesn't go on to drop below 3600 then it'll be a gift to top-up or open desired positions in new stocks.
A) Hope you're right as
B) Nothing convinces me it'll be anything other than temporary and thus allow temporary cheap entries.
- A gift :)
I fancy 138 tomorrow this is a continuation switch from high values tech to value, just reversing the last 5 years trend
With Powell's speech , i see a 128 finish tomorrow.
" Great finish above 140 tomorrow...."
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Have no doubt it will eventually be achieved, but considering tonight's close, will be just as delighted to see either a 136 or 137 close tomorrow - which would be a success and augur well for that eventual higher target, attainment.
Mr Woo @
" Mr Velo, what share price is needed to make your intermediate indicator move from bearish to bullish? "
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It's a case of what time period rather than what price is needed.
Back in November, it was quite narrow but bearish, so when the largest single day price action broke out in early November, the Intermediate trend capitulated quite fast and was bullish quite soon after.
Today the Intermediate trend is very wide in it's bearishness (after the Jan/Feb retrace) and is playing catch-up with more recent events. The recent tooing and frooing hasn't helped.
Still looks several days to a week or two away from converting.
Once it does cross over to bullish I will be able to put my feet up, as will be holding a full winning hand.
Should 135 hold in after hours auction, the whole two days looks v similar to the continued momentum that occurred after the big day last November. Could only buy over 135, 10 or so minutes ago, appears to be drifting back to the high 134's at the moment.
Great finish above 140 tomorrow....
Mr Velo, what share price is needed to make your intermediate indicator move from bearish to bullish?