We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
A bit from amateurs, as I'm one of them.
For the last two weeks, I was hoping for this to drop back, at least to high 170s, so I can buy back in and not lose a lot for selling at 170.
All amateurs know, don't buy on top, buy when it's down.
So if you missed the boat below 170 and waited until it was above 200, now it's a very difficult decision to buy on top of the recent huge hike up. I think (short term)the risk is high, especially with recent pull back, which could indicate a temporary ceiling at 220. This means a lot of people will not buy now and wait, that then means it could oscillate between 200-215 And be slowly dropping until next batch of great news (with possible temporary big dip).
On the other hand, if it will keep riding the momentum and go past 220 by some margin, as there is lack of bad news, people hoping for a significant drop would truly miss the boat there.
A lot of people locked in with those shares for months if not sold out yet, would take profit now. Looks like 200-210 could be new baseline, so if it goes back up to 210+ a lot of amateurs like me would take profit. I would sell probably at least half of my holding (If I still had it of course) and wait to see what's going to happen.
So me buying back in above 200 is very risky, I do have a little bit in my back pocket to top up on significant drop though, so not completely all in hoping for the best.
As you can see, total amateurs see risks here. This stock moved up on summer dreams, so we need big news again. This might not come until opening schools is successful, until this time stock has plenty of reason to drop.
I think a lot of people here saying 150 are those who missed the boat a little bit and want back in but it's too risky for them to do it now.
I really appteciate posts from people, who share all news they found, describe current situation backed up by some fundamentals and news, people who can interpret graphs and share some info on news levels, resistance etc. what graph is predicting. Please keep it up.
This is VERY useful for amateurs like me, I can then be more confident about my decisions.
Avoid being right or wrong by not predicting at all.
I'm pretty sure it will be 300p+ year end. As I am playing with money again in the William Hill sp lottery, I don't have the patience to sit on it and just wait. This day trading is just too much fun, this time doing it sober lolololol. I'm not allowed to take the risks as before, betting the lot on one share on one day despite the eye watering early retirement gains. But I am slowly covering the costs of the bathroom refit so my online privileges haven't been curtailed - not yet! Anyway, I'm probably locked in for some time with other shares so can not release funds to take advantage of any pull back on IAG. So for the moment it can drop back to 150p or go straight to 300p - I'm currently out [but doing sums in the background!].
The biggest mistake is to fall in love with any share!! Just look at the BooHoo forum on this site it’s a sycophantic love fest for a company that doesn’t give two hoots about its shareholders!!
Whilst I agree about people buying and selling, dipping in and out with no knowledge past the name of the share, that is no different to going on William Hill and playing blackjack.
As with no knowledge you will miss the indicators for a rise or fall. This share is surprisingly clear cut for me back to £1.50 on delays or onwards to £3.00 on openings of the sector and world.
I’m not ramping or deramping I’ve made my investment clear, I believe it will go towards £3, it may not but I’ve accepted that risk. If it goes back to £1.50 then I’ve called it wrong, is what it is.
If we all had a crystal ball and predicted every move
On the market it wouldn’t be investing! All you can hope for is that you get it right more often than you get it wrong.
Inferno, this is where the golden rule about not falling in love with the share comes from. I would be surprised if the majority of pis buying in during the rise would have any knowledge, insight or opinion on the data points you mention. Smash and grabbers perceive a momentum in the rate of change of a sp, and buy and sell on that feeling. The more greedy ones get caught out and often end up on the wrong side of the rise or fall, but most take a prudent view and make a small but consistent mark-up form stock to stock. Let's be honest, there are many pis that know the ticker name and frankly that is it! They don't even know the company name let alone the industry or key variables. I perceive a 'topping' out and will not be surprised to see a further pull back. How fast and to what depth is the question. However, since this is not a sp based on real world fundamentals at the moment, it might catapult off in the other direction [I have a low confidence interval for that though].
For what it’s worth I believe all those factors are a possibility, which indeed could return the sp to those levels
However this is currently a weekly impacted share and as it stands opening tomorrow -
Dow Jones and Nasdaq had a stonking close on Friday
Greece and Cyprus allowing tourism announced this weekend
American stimulus package passed
Death and infection continuing to decline in USA
Schools opening tomorrow first sign of lifting of restrictions
I would love a drop so I can top up !!!! Let’s see but I would suggest it’s looking less likely this week
@pmehta,
On that assessment I assume you believe there will be a fall in sp of 25% from it current level due to what ?
Delay of corridors
Delay of air travel
Rise in morbidity
Delay in restrictions opening
Therefore in the absence of any of the above would you acknowledge the sp is unlikely to go to £1.50? And therefore by default you won’t get your £1.50 buy in...
Always best to support a statement I would suggest with some rationale rather than - profit taking at £2 see you back at £1.50...
I feel Iag had a good run and it’s time to book profits and buy back again at 150, of course my personal assessment