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charts suggest possible 42 (outside chance 38p - but I just dont see that)
I was happy my 46.8 was taken as I want to be in rather than out
when its roll over cash, I dont care so much about my avg, just what I think I can realistically sell at
So as much nervousness as much as anything else - BUT - they could take this up and back down again, if there is time
On CPI i have a sell at 55p and a buy at 43p and have no idea which one will hit first!
GLA
KnowO
Is 43p based on charts? Looking at topping up again as obviously this is being manipulated just don’t know when to pull the trigger
Two more weeks of this commentary it seems lol
@trytobuylow - did you get back in?
I had one buy taken at 46.8p - still have a few lower - had sold 1/2 close to 50p so pretty happy with todays work
GLA
We did say!
Sold circa 90k worth at high 49s - bought 75k back at avg low 47s
Still have buys down as far as 43p
GLA - no need to panic, but if you do it will help me get my 43p Buy!!!
Just kidding - relax Enjoy the ride
lets hope so, there is certainly a lot of hope for recovery
sold up now, to be back in on next MM game
Iag made several billion in losses and their sp went up 10-15% despite no travel guaranteed still. As long as results arent horrific its all expected to not be too great. We're at the point of recovery now yet the sp is still as it was mid pandemic
Agree with general idea of extra time to results being played so sold 2/3rd. Holding 1/3rd as y never know. Spread is so thin will jump back in.
From what I recall of last year, price moved down before day of announcement suggesting to me that what they had to say leaked & didn't look good. No guidance this year helps but 2 things - can't get a strong result from scenarios going forward for a lot longer & techy one - YE results may have more impairment on GW due to result this year - kind of double whammy but get done for LT if you have to.
Phil. Exactly. Don't sell. Top up for me too :)
Long term hold for me personally, if it drops again anytime soon it'll simply be a good chance to top up, good luck all.
Dt, I agreed - Im convince we will be 80p plus by mid summer
I just think that there will be a drop over the next week or so, MMs shaking a tree
Mr Cautious, that may give you a new entry - if not good luck - profit is profit and nobody knows where this will lay with projected earnings for 2021
GLA & DYOR
Diolch
It’s likely to be the first decent earnings in a couple of years, bit of a crazy time to sell IMO
Well I decided to not take any more chances wit this I sold at 49p giving me 37% profit and we'll see whos right !
What you probably know with calita hy now that it does the opposite. Good news it drops. then the recent rise tbh I didnt expect to get past 45 but we hit that in a couple days and are closer to 50
I thought about selling some to buy back however same day it rose another 2p and didnt dip back.
ant, Club, - yes I want a rise also
Im just sharing MY thoughts as to what the MMs will do to increase their profits during the next 2 weeks
Wanted to make sure people dont have stop losses at say 44p that get taken and within 2 mins the sp is back up to 47p
Just my opinion, but its why I have hedged
GLA
So do I
GLA
Well I want a rise. You've had 11 months to fill your boots.
sorry Notaflipper - I think ERats is spreadbetting on it, but I dont know enough about that to risk it!
Sorry, what I meant (but badly written!) was - the cash I took out this morning, I have set buys with all of that
Ive done 3 at varying points
Sorry for confusion M
"I have now got my sales, as buys"= Perhaps my misreading but suggests you have an accompanying Short position to you Long and will be putting in a "buy" when you want to close your short? Could be sensible, really depends on the potential swing and spread.
Should hear more about Axelos sale before 17th hopefully. An impatient 2 more weeks to go. GLA
now that the date has been confirmed at 17 March, there is still over 2 weeks for the MMs to play this
They know there were a lot of PIs with sells at around 50p (I took 25% of my holding out today)
IIs will get a feeling for the results next week - if they want to top up, then the MMs will shake this like mad over next week
Either way, I cant see us being above 55p on 16/3 - if thats the case - 50-55p wont shake enough people so volume will be low - if they get all the 50p sell limits (49-51.5) then they wont want the 59-62p limits until they know the results
This leaves lower volume in the 52-54p range - for 2 weeks? They need trades to make their margins
I have now got my sales, as buys - down as low as 43.9p ( a wild 38p for 30 mins is possible according to Eats charts)
I would suggest all stop losses are cancelled for the time being
I always said, I would trade this through the 40s and Ive had a bit of success - but hope to get more soon
My average is starting to rise now (still low 39p) but next trades will take me above that (not bothered obviously as Ive taken good profit out already)
I have a 55p sell for 10% also
Ive always been convinced the results will be very good and should see us 60/65 by 19 March - but thats a long way away in CPI terms!
SO - my warning - dont be surprised where this goes for the next 10 days (38-55p possible) - but be careful of one major tree shake and check your stop losses.
GLA and DYOR