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well, back to positive and still 90 mins left. To compare the IAG sp (share price) with crypto currency is just ridiculous. There is not in any way the tinniest similarity. So, 5p or about 2.5% away from 200 by lunch time tomorrow. OK guesswonx, you looking for 170 with continued dips under 185. We are talking about the same share aren't we? Just checking!
@marab @neil - agreed. price looks cheap hence the big bounce but nothing to say out of the woods and always best to cater for the viable unexpected. I maintain 170 could be reached and will continue to buy into dips under 185. those buying at this price (195ish) be very wary. like crypto - if the majority of the market is dealing on bull sentiment alone then you will be just fine but there may come a sobering window in the next weeks to months.
If lock down continues, the SP......price....? ( share price price ??) will definitely not like it.
Which is annoying as I wanted to sell a few soon.
But, eventually, and in the not too distant future, it will end, and we'll go back up again.
I don't think we'll see the £4 s again anytime soon as there's twice as many shares in there now, but a tidy profit nonetheless, even if you bought now. ( my average is around £1.70)
guessworx ; if a lockdown continues it may hammer the sp price
yes as i mentioned earlier ... with that in mind where do you think the sp will be if that lockdown is extended (if big blue also replies please stay on track to only the question)
New Holland, by chance?
Interesting news from sky 06:35
SAGE calls to discuss Indian variant in meeting today - as member says final stage of lockdown exit could be delayed
Despite widespread optimism of continuing low numbers of deaths and severe COVID cases in the UK, fears are growing over the spread of the highly transmissible Indian variant.
So much so in fact, that a member of the group of scientists advising the government, SAGE, has suggested it may be necessary to push back the planned final stage of the country's exit from lockdown.
The unnamed scientist told the i newspaper that "a delay is possible" to the planned relaxation of measures on 21 June.
The group is due to hold a meeting today to discuss the threat of the strain, which was classified a "variant of concern" earlier this month.
It has become the dominant strain in the areas of the UK where cases are highest - more detail on which is coming up.
Anyway, I'm off to devour another bucket of KFC chicken.
Soggy sandwiches in a tractor, huh!
big-blue : Do you really believe the infothat comes from the Indian gov backed press mate
and I didn't say 180/170 was pre vaccine, that range was the recovery level AFTER the vaccine was announced, the level would be very much below that if there was no vaccine announcement.
congratulations guesswronx, what do you want? A medal? Many have speculated when, where and how low would a buy dip be after the disappointing green list. Many have made their guess, some have gambled events can happen which will crash the price and wait for that. Others gamble that events will not happen and there will be no lower entry point. I posted, shi.t happens, you never know. As I am reading world news reports this dip actually seems to be related to, amongst other things, Taiwan stock market big fall a couple of days ago. With the world market sequence it can take a couple of days for reverberations to come through and played against the Israel situation and shock news reports on delaying the June end to lockdown you end up with compounded news events. However, it is noted that people who make wild market crash predictions, never give a time scale nor an indication of the reasons why it may happen. I am yet to find one single credible price fall prediction with reasoning given BEFORE the event. A lot of people post crashes, they are forgotten when they don't happen or claim they told us all so some weeks latter if a pandemic kicks off or something actually resulting in a fall!
You, for example, cited the variants and India as a future prediction for further falls in sp. This news story is already 2 days old, and whilst it doesn't fit in with the BBC doom and gloom click bait headline, it indicates just how the narrative can flip over in hours. There is no reason why this share will not finish blue today, especially with all those investors like you out there that are far more clever than the rest of us put together.
http://newsonair.com/Main-News-Details.aspx?id=416412
im not commenting on your investment or holistic views etc. you called me guesswrongx and look where we are today :) To say 180 and 170 is pre-vaccine is just wrong for reasons already explained... check the graphs. Good thing my plans, as previously commented, allowed for more fire power!
I'm perfectly comfortable guesswronx. For me I want to minimise the length of lockins as the oscillation of sp is pretty well established in reaction to the news agenda. To drop into the levels you are talking about means going pre-vaccination announcement. I can not see how you can turn back time that far, you can not un-invent the vaccine. So I have to sit on my hands for a week or so more than wanted. If you are on the right side of this dip, great, buy in! I am perfectly happy where I bought in, and the same rule applies as it has for the last 40 years, as long as I sell for a profit it is all good. I need about £350+ profit overall for a fridge upgrade. The new bathroom has been almost entirely paid for from profits taken since January on my return to a bit of day trading, I have a bigger investment pot than I started with and no particular concerns.
Never lament what could have been, enjoy what actually is.
now what do you all think? big-blue ... still think im wrong? I restate resistance at 180 and then 170 or even lower? 1 of 3 indian variants that spreads quickly and avoid antibodies in the mix too.
Similar for me..thought about waiting for US inflation figures but decided that yesterdays moves plus their comments last night would take the wind out of any downward pressure once figures released and got in at 192.10 early pm. sentiment will move this (even if for a brief period) on announcement of restriction easing esp to US
set 189 buy this am but it didnt get there (yet) Thought it might drop to that on US opening but only went to 190. buy the time I got round to putting a buy in was at 192.3.... Might fall further but still happy at this price point LT....
GLA
I think the days of 160-165 are over but the climb from there to 210+ was premature. All it takes is another strain and any plans off vaccine passport are gone. Or a country going from green or amber going back/to red. More bond issues will be needed if it goes into next year diluting things further. I'm in a around 193 but am saving fire power for 180-185 and then 170-175. My 18 month target is 245 because I think the rest of the world will take much longer to recover and business travel will be reduced as a normal upto 25% with online meetings here to stay. What do you all think?
?
are you not missing a zero or two off the end of those levels guesswrongx?
guessworx !!
Where do you think the next 2 levels of resistance will be? I 190 now, then 180 and then 170 bottom?