Member Info for 2reincarnated

But Lloyds misses out, In plain English, Lloyds will only Rally after dropping sub 20p

Hence SIG not rocketing in this " false rally" when SIG goes it will rocket. expect 40p and in due course a takeover.

Agree. However, the beauty of this one is whilst other shares are falling and rising, hence allowing one to make a bit of money here and there, Hays will fall, lower than 60p in the future.

Huge falls will have to come as the Dow just cannot keep rising like it is, considering we are looking at a huge rally today, some stocks are already preparing for the correction. You only need to look at Lloyds etc. Company earnings do not support SP valuations here or in the US, in fact some share prices based on even last months lows, don't tally with earnings. With SIG it is likely the results next week will be introduced into a " sea of red" we could see a bottom of 15p or even lower?

The Dow has gone so high, even with good news it cannot go much higher, when it falls , my goodness it will fall.

The difference is, when the SIG gets going it will keep going because it will have " drawn a line under it's problems." With the AA it is the start of a disaster. I feel the seller will be gone sometime next week.

capita will survive, but will probably hit 10p first

Thanks for your post. I suppose it's not the end of the world if we discuss Pharmaceutical stocks on a Pharmaceutical BB!! Anyway, I think Pharma may Fall if we see any wild swings like we have been seeing of late. Vectura is all about the future, but could itself fall if the future doesn't look so bright. Not much can be done about Elementis, missed the boat. All the best with your investments.

Thanks for your post. I agree we need to see where growth is going to come from, we know there is a recession coming and we will see less capital spending.
Personally, because this fell to 45p, I fee that this may be the point to which we see the SP recover to from a new low. Do you have a figure for the bottom?

Cheers mate

However all pubs, clubs and cinemas will remain closed until 31st August. Our problem is much worse than theirs, in plain English, it means our Cinemas won't open until close to Christmas. But for " good measure" most will not visit until after a Christmas. Say if we get a " second surge" in October? Can you see why I have said we will visit 19p again?

What are your thoughts on Vectura and Alliance Pharma?

Thanks for the reply. Just because I talk down some shares, it doesn't mean I have an ego.
Anyway, been looking a thing Ventura and Alliance Pharma, hoping they go the same way as Elementis, regret not getting into Elementis.

How you keeping 20p boy?

This is a solid company, the SP will get hit further because of the recession coming. This has not reached its bottom.

Your a good and honest poster. The Dow was wildly overvalued even after the falls last month. Quite simply, we have seen a recovery this month to reflect what the SP will be in 12-18 months time. It will now drop to sub 20p over a few a few weeks/ months and will then take 12-18 months to get back to 35p. The UK economy will not recover from the " double whammy" of Coronavirus and Brexit, Brexit is worser than Coronavirus, at least it has a timescale!!!

Where have you been hiding? About to see you!!

https://www.investorschronicle.co.uk/tips-ideas/2020/04/15/is-aa-headed-for-breakdown/

I will enter at 5p!!!

Good post. Think 20p is the " recovery price" in other words it will fall to a new low and then rise to 20p.

Hope it bounces hard today. However, can't see this happening until the lockdown in the UK is over because SIG sites are closed. The other problem is Trump is trying to open the US prematurely, if there is any type of State V Federal disagreement, the DOW will plunge, the rest of the world markets will plunge in sympathy. Another problem is if a Trump. Opens up early and it leads to more deaths and then a further longer strict lockdown. If that happens, forget about Coronavirus and begin to imagine the earth has been hit by a meteorite, my goodness the economic impact will be the same.