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I am on the L2 since the opening and there seems to be good support around 4.3p level, yesterday 4p was the support so it looks like there is a slow but steady sp recovery.
I'd like to think that we'll finish in blue today (somewhere between 4.7-5p
TA - RSI is around 17% which means SXX is heavily oversold atm.
Thanks EAL, see later eh?
fingers crossed mate !
Nice chunky buy just gone through :
19-Sep-19 12:01:52 4.81227 7,367,900 354.56k
Bargain at these prices... good luck to him or her... Imagine if Market conditions improve can we then get the bonds pay?
That buy shows the direction of travel...soon above 5p IMO
My target is 5 p plus... this get over 4.45 then suddenly seller comes through... but how long they can hold this down... HERE WE COME 5P...
Forget RSI and oversold and charts. There is no one willing to buy bonds at a ridiculous interest rate. The government say it’s a no no. There is no way out of this with the pi invested now or investing on the run up to administrations. Stop trying to talk it up to day trade and stitch others up.
Yesterday the sp recovered from 4p in the afternoon so I'd expect the same today (from the support level of 4.3p)
donotpanic,
maybe lay of the crack a little bit might be good idea,
remember Tuesday this went to 3.57 and then boom 5.65... this could move very quick both ways...
donotpanic, I am not saying it will or it wont, but quiet frankly I dont care at 5p. The bulk of my capital is still going to be up in thin air.
Every one is here to make MONEY here... some win some loose... some time bit of LUCK and some time RIGHT timing of buying selling helps... I am hold around this price and yes want be selling till over 5 nothing wrong with that... Yes I genuinely feel sorry for who bought high and hope funding gets sorted... which I do feel will be sorted or this will be TAKE OVER...
Ewqwel Yourself trying to make people PANIC SELL and make them LOOSE money...
Donotpanic is an experienced trader - at the moment this is a traders share - his experience is invaluable - but you can take it or leave it.
I’ve witnessed this bull**** so many times now there is and always will be a chance to make money out of companies that people are saying are finished! I’ve done it a few times now I’ve also lost a few times what amazes me is how the same naysayers from each board pop up on the board of the latest distressed company causing people to panic sell
True at this moment this is trading share... This could have have MASSIVE spike from here like to 6-7 pence... I do not believe this will got under 4 pence now... until next few Months and that will only be if we get bad news...BAD news is out of the way so I am only expecting GOOD NEWS...
"bad news is out of the way" ARE YOU FOR REAL???
Oh dear! I thought the subject line contained someone's expectation of the sp at today's close :O)
I could understand dating today either side of the midnight hour , but not at 10am. Unless he is on VPN like I was last week. At 3pm I was watching the 10am race at Doncaster because I was theoretically in American to enable my reading of a Bloomberg report :O) Good old Betfair! Too clever by half!
Mark I am sorry if I am RAMPING this... but see how many people scare people to sell by saying this is going to 1.50 ... and lot people did get scared and sold under 4 p even some went as low as 3.54... People should make there own mind up as there MONEY... Still sitting with my TARGET of 5p PLUS...
Look at every message you typed ... You been saying this is going to 1.50 I am saying this will be over 5p... we will soon find out... I do hope this gets over 15-20 pence... this is AIM ... You will be surprised...
there you go donotpanic. You have just completely discredited yourself. THIS IS NOT AIM. NOT YET.
It definitely will be after the next reshuffle though.
dosnt need dilution to go to 1.5p,,
just time decay
I reckon 6p short term without any new news whatsoever. Any news re funding etc then ... who knows
avocet
It won't be AIM
AIM is a different market
May not be in FTSE250 index though....
Verde