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Wow optimistic .. I was thinking more 75p by spring
Hopefully around £1.20 by April
What do we think this could hit? Trading update likely in Jan
Good Evening Wolf, I am of the same mind, this is one share I believe is worth holding and has a lot of potential. Almost a reverse situation from three years ago . Think it’s coming full circle. GLA
68.2p resistance broken, this is about to get interesting
Apparently Toss-people not allowed, like ****tails for two
OFGEM - The ******s should be reviewed for incompetence and killing businesses,
surely not given more powers?
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwjki_Xdreb0AhXkQEEAHcQkDd0QvOMEKAB6BAgJEAE&url=https%3A%2F%2Fwww.moneysavingexpert.com%2Fnews%2F2021%2F12%2Fenergy-suppliers-to-face-tougher-checks%2F&usg=AOvVaw2l4ArDVB6_gMW8YMM4Q51t
MMs desperately trying to keep SP low before FTSE-100 December review
so that CNA kept out of the top 100 Companies this term.
But for next LSE-FTSE-100 term Dec-March, expect SP to rise(hopefully leap).
OFGEM helping by sinking the competition, how long this bunch of thickos
can exist in their present form - who knows - firing squad needed
no because prices wont go down, all the small players are priced out of this market for good.
gotta inflate the debt away
I had thought is the market not building for many new players to come in?
BG shell and the likes are limited for prices back to October locked-in prices that are linked to the last 6 months' whole sale prices from memory from March to October. which on average is a lot lower.
So anyone signing up now will get March to October prices which are a lot lower and could get 2 years fixed maybe, people like BG can not afford to stop selling and are limited by price caps if i understand it correctly.
Any new players that come in after March if wholesale prices were to drop will be able to buy cheap gas and undercut the existing players. Existing players will need to charge more to cover their cost from Oct prices up to March 2022 which so far are really high so far. The customers will flow out of the existing players.
Does this sound possible?
Thanks , I'll put them away 'til about Easter, perhaps?
@RD90 - see press release below
10M CNA shares traded after hours Thurs, then 12M shares traded after 4.30pm Friday -
It's the MMs game - it's out of our hands?
From the Braggers:-
Investment firm HgCapital Trust revealed on Friday that it has made an approximately £9.4m investment into post-trade automation and collateral management technology provider Pirum Systems. The terms of the transaction were not disclosed and the transaction remained subject to regulatory approval.
POST-TRADE...?...Auto-Executions...?
Get the smelling salts out ready for 70p next week !
At 4.30pm Wed. 8th, this board reported 1.5M shares sold, 2.5M buys, although
not always accurate, after hour AE-trades @ 10pm recorded as 2.7M sold
with 14M buys....EH?
Expect a dump of 10M shares before MMs pop off to lunch on 9th
while SP dives for them to pickup later cheap?
MM-Boys back from early lunch; check no. of AE-trades @ 15.08pm,
dozens in under 2mins with their regular 1714/7484/617 buys/sells.
Expect same flurry just before 4pm, end of day, keeping the SP pegged low.
Waiting the day, patiently, to recoup current Loss -
expect this by February when Divi could be re-introduced
MMs working hard again today, more than 200-trades, AE(Auto Executions) in 3mins
around 4.30pm, forcing a drop in SP from an up to 67.8p to a sad daily loss all in 5mins?
Later, after time, 10M shares have been shifted (unknown?)- looks like more than 8M
shares to be dropped before noon tomorrow to help SP hit 65p before MMs
start picking them up cheaply...again...somebody is hoarding
@Isa2000
Lucky guess...?...was the same for NYCT
Watching the MMs algorithm-ATs fannying about.
Who buys/sells 1 or 2 shares 1st thing then last thing trying to
pin back the SP before topping up?
was wondering the same, how did you know ?
hi thanglan,
How did you know about that 12 millions shares ? Its amazing that share price did fell to 65.5 this morning before it turned positive..
Looks like MMs have 12M shares to Dump tomorrow morning;
might try buying at 10.30am with SP around 65.5, then by 15.45pm
MMs will be wanting them back, so SP might reach 68p.
Somebody is stocking up on CNA?
Come on Children, stop school-yard squabbling.
The MMs are at it again desperate to keep the SP low
Look at the many ATs @ 9.20am today, they'll be at it again after lunch.
Perhaps it's a day to sit back and watch?
Look at MMs pedalling to keep SP low
The algorithm running ATs of 1500 shares working overtime
well i am going for the high score here
not selling
Centrica SMA 50 bullish cross SMA 100 last week. Trend line trajectory upward and looking good to hit 68p where there is major resistance. When we cross that then no reason not to see 90p by Q2 next year and back to pre-COVID levels. That's my target. Only thing today pitiful volume but that is across the FTSE I Believe
Good luck with that