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Do you bother to read the ticker tape or just be contrary?
There was one large sell at the start of the day and the rest was autosellers and fear.
Now there are good buys and hovering up happening
Orange, you're a lot more on point than Horis at least.
However, not all SP negative news has been released, still more to come.
SP is lower than i thought it would be at this point, II's are not waiting around to get out anymore.
Expected a lot stronger resistance at 108, it was broken too easy, only PI's buying this atm.
-15% is apparently a good clearing. Sure shows that large buyer in the background is hoovering them up.
Could have sold out a much higher price weird...
The trigger was a large 260k sell at 8.25am.
This set off triggers and weak hands causing the fast drop.
However, this has now been a good cleaning.
No need to panic, increased volumes and sharp drops usually mean the seller is kitchen sinking it and nearly done,
20m Cash vs 39m mcap and 10m loss, with forecast of break even (IIRC) in 25, should mean it's ok without funding
Quite a steal here if im honest, with the new CMS game strategy... probably should be around £1.50 or so on a RR basis
"The Board expects Frontier to at least break even in FY25 through the ongoing performance of the existing portfolio of games, revenue contributions from future releases including the CMS game scheduled for FY25, and the 20% operating cost reductions from the Organisational Review."
All IMO
Appears that my speculation about GM takeover was spot on, and the funds are shaking the tree and triggering the auto sellers.
Horis showed up...
Drop is obviously alarming, does anyone have any pointer on this?
They've lost 50% since I sold out on 27th November.
And I lost 20% before I woke up and sold.
Nightmare stock.
Thanks for the cheap shares.
In background it has lost more than 50% in a month.
Not been "in" for a quite some time so just monitoring for now.
I'm "looking at" some posting histories and waiting for the, "I can sell my entire holding" blah blah... lol
You don't have to justify a punt with BS. Just sayin'.
07 :)
Omg, will it still have a pulse at the end of the day.
Ow dear... Horis, you still here?
I do apologise to any long time holders. Any stick is not directed at you but to these idiots trying to keep you in.
Not really but it's only took 1 day to blow your dream out the water.
You are looking at things in too small a time scale.
In relative terms.... you have made me laugh this morning ill give you that.
Up-tick is coming when selling pressure is reduced. Nothing to do with these large buy order's your dreaming about.
You dreamt of a takeover by GW at 120, now there are definite big buy orders all the way down to 105 but its still heading south, makes perfect sense.
I said in relative terms.
Compared to the month the dip this morning is only 3%.
And yes, rerate coming, clearly all the sell are being eaten up in the background for a large buy fill order
10% down, Horis will tell you this is all part of the re-rate plan.
Auto attack?
Down 8% for the day but apparently thats only a slight dip.
Horis talking horse sh*t
Considering the scale of the sell off this morning and in relative terms the share price only slightly dipped, it would appear that someone in the background is eating up all the available shares.
Expect a good rerate soon.
Bit of after timing there. Clearly was. Reckon some of the selling maybe staff that have been released.
Sub £1 possible is this a shorters dream t/o may be on
The auto attack this morning would indicate that something is brewing in the background