Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone 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.
Last week, was overall a good week only to be spoilt by a pump and dump trader imo on Friday. The early signs in the morning were to attack the next resistance but unfortunately it was not to ....ce la vie.
Let's hope that Monday is a terrific RNS followed by an upbeat Tuesday Voxmarket podcast .....
at the very worst I am convinced we we will see ALGW action before the end of the 2019-2020 Tax Year on April 5th 2020'( end of this week Sunday/ a week today)
We all know what Gobind is like with his deadlines compared to our UK language interpretations ...... even for GS surely nearly 4 months has to be a good measure of time without information from the company
What are your thoughts?
As always GLA
@HullFC - please explain by reference to the daily trades, prices and volume how you possibly can arrive at that "Pump n dump" conclusion. I don't think the data supports your claim at all.
Ophidian
The question remains when ! Informed article indicated end of March ,a few informed posters suggest end of March ...this will be a very different investment when the news is released gla
Ophidian.... it was just a quick scan of the early morning to lunch push up in rounded trades and where we nearly went compared to the afternoon rounded trades and where we finished up..... if it was a single person looks like they lost money......not of consequence, ultimately, in the build up to today and the rest of the week and not to be distracted.
The message in my post was of The Build Up.
Looks like they are leaving it to the wire !
GLA
morning @HullFC - my reading of that sequence ws that the price rose to meet the descending resistance line, punched past it and then as happens with a very very high degree of regularity settle back down onto the line as support and sat there. nothing nefarious and absolutely nothing to suggest even a one man pump and dump which I must admit is a totally new concept for me.
Have a good day and stay safe everyone
Ophidian
My patience is wearing very thin here... there communication skills are terrible imo.
News please ALGW four months???
when the spread is 20-25%..... and pretty much all quoting the same.....they are not looking for action.
Ophidian
what do you mean Ophidian???
if you were thinking about going shopping today but you knew that if you went to Sainsbury and bought Four bags of shopping that as you walked out the front of the store they took one bag (that you had paid for) away from you just like that would you go to Sainsbury ?
If you learned that it wasn't just Sainsbury doing that today but it was Tesco, Asda, Morrisons in fact all the sores you could use...……. would you decide perhaps that today wasn't the day to go shopping ???
Think about it.
Ophidian
But, then on other hand if we had news... that would not of happened..
And I am not standing in a queue to wait to shop for my bags and have 1 taken off me.
Nice analogy Ophidian.
hopefully an rns will take all our concerns away shortly...
good grief - some of you guys have the patience of a 2 year old. Of the last 10 RNS' from ALGW only ONE has been at 7:00am and that was Giles's holding one.
Just chill
Ophidian
Mookster
My fear is they haven't anything to offer presently but we will find out shortly with the podcast.
Does anyone actually know when the podcast is ?
It occurs to me that there was an organised Twitter group campaign all last week and starting the week before, to get this sp up temporarily. Now the hangover, without fundamental news.
Has anyone thought to enquire if high yield corporate debt, floating rate or otherwise, has ramped up in price and availability because of this global financial squeeze. I presume most here are aware that spreads have gone ballistic.
@Mookster - I disagree with you. Only you and all the other impatient who have interpreted "weeks" for yourselves as some how meaning one or two at most 10 or whatever arbitrary value you have assigned it see the lack of adherence. Those of us with a more seasoned outlook perhaps recognise weeks has a very broad meaning certainly under 26 weeks would not for my money mean that misinformation was shared.
Ophidian
@O&W last weeks move was on practically no volume. MMs playing.
Ophidian
Remember that Warren Buffett has said, "The stock market is a device for transferring money from the impatient to the patient." I am sure everyone is spending far too much time looking at this BB (me included) and probably over thinking and obsessing. Close it (phone, computer) down and go watch a film or something and come back after lunch :)
perceptions @Mookster - I'll be sure and make certain that when I do throw out an insult, whether to your intelligence or something else, there is no doubt about it.
Ophidian
Apparently I was right with 2 year old.
More people seem to be going to the shops now they are actually only taking 1 in 10 bags off you on the way out.
Ophidian
ophidian,
are you in at Novacyt??
@jgj99 - no I sold out when FDA opened up the field to any and all unregistered tests.
Ophidian
With markets in turmoil this could take a while ,but the plan is still there ,also peeps will need cash when this crisis blows over so will be glad to cash in life settlement plans ,I. Still buying all the low dips
Speculation now is pointless. The time is here. We will be getting all the information we need today/tomorrow from the horses mouth. All will be revealed!! Come on Gobin, let’s be having you!! GLA