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No sure if it’s wise to hold over the bank holiday. Government about to decided on renewing the lockdown time scale might have a negative effect ( especially if it’s decided another 3 weeks) over a 3 day weekend? Share price jumping 50p-70p 2-3 times over the previous weeks, it will be interesting to see if it works it’s way back down to below 70p.
Good recovery throughout the day, in early day is was down 10% so it's done well to finish where it was.
Interesting to see what happens tomorrow
Lol, yes YOYO would be appropriate. It strikes me that this amount of price swing in such short periods suggests that "the market" (i.e. all the individuals and corporate investors) have no idea how to value this company in this climate. Old adages such as "the value of all future earnings over time" just don't work when nobody has any idea whether the bank will even exist let alone what the future earnings of the business in a pretty much zero interest rate world could be. Interesting times... Probably better to trade these swings rather than think of this as an "investment" at the moment!
Yeah I thought that too
I sold out again, want to buy these to hold onto longer term as I think they have good potential, may as well make some money whilst it's acting like a yoyo, tomorrow I think we will see a drop , usually -12% or something after a big rise
Will people pull out for Bank holiday? Is that a thing?
me, yesterday: "also think 72p sooner then later."
today: 74p...
aaaaahhhhhhhhhhhhhhh
Will be interesting to see if it drops back again, sold out again earlier .
Going to monitor the price and then potentially buy in again as I think this could be a decent longer term share, just want it to stabilise a little bit
A bit off today's peak now so happy for it to drop to 55 now and we can do this all over again, for the third time.
I brought back in again the other day, think this one will slowly start to rise again
despite the near on 10% today - the share was acting a tad "quiet".
also think 72p sooner then later.
its done 55p to 77p twice now
NAI, DYOR
Wouldn't buy in the current climate on the basis of one day falls, anyone agree with me?
The price of oil fall tomorrow will send both Dow and FTSE down.
I think bargains will be had here late afternoon
A bottom of 35p to 40p imo over the next month as the market is more panicked
More like 25p to 45p!!!
RNS, two directors bought 265 shares each! £150.36 each invested! wow, was it worth the cost of the RNS??
absolute bargain, as are a lot of the banks atm, I have bought more @54 for longer term
Back to 50
this has done 55p to 77p twice now over the course of a few days in last 3 weeks, lets see if we can do it again
I’ve got no idea, if you find out be sure to let us know!
Good luck
Fully appreciate the drop, just wondering why VMUK has been hit harder then some, as mentioned I’m aware of the PPI claims etc, was wondering if there is anything else
Just be patient, some of us didn’t get in at 51p. I’m new to this but I would say broadly speaking the fluctuations are roughly following that of the other UK banks. I’m also invested in Barclays, you can’t quote a 210 and compare the price now, all have dropped at least half since 20th Feb. Yes, Virgin has dropped more so but that is what has made it more of an appealing investment.
I’m happy to be corrected if I’m being a muppet.
BS - any idea why this share is so unloved, I know they’ve had PPI issues like most banks but the drop from 210 to where they are today seem un justified