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The last TR1 announced was Tuesday which took trades up to last Thursday into account. So, we have 4 full trading days plus today still not accounted - I won't repeat the volume but it's huge. That tells me there is a high chance of a third II on board. You will not get stock at the price you want once this RNS lands. Not a chance. Chin up Fiesta, you are on to a winner here IMO even if it isn't today.
Massive volume today, excellent news, this will go north again v soon. If it hits 11 fill your boots.
Yep - it would be, but we all know how these things work, unfortunately. I'd rather be in than out tonight but the risk of lower is always there. For me, it is easier to stomach seeing it go lower to get to an ultimately higher SP, rather than chasing the ask knowing I was trying to be clever, and paying more. Not one trader I know gets it right 100% of the time. No one, ever.
>VB - Whose to say I didn't?
I'm saying from a pure neutral perspective (I do hold) that this can go to 11 in a heartbeat tomorrow if there is no TR1. The MMs know there are TR1s due, and equally they need shares at pre-set prices. They will look for them. I'm not suggesting for 1 minute if it goes that low you will be able to buy. Simple market mechanics - I personally think the future offering with AMIGO is far bigger than many realise. This could potentially be a huge business in the making with the backing coming on board currently. I'd suggest things looks rosy! Another day tomorrow to walk the dog.
AMIGO has attracted some wannabee investors in the form of de-rampers - good news! Shares go up, shares go down.
Amigo can boast it has 2 II's (possibly a 3rd) loading before a very important event, that being the SoA. Not one person thought this was possible a few weeks (before a decision on the SoA). I mooted it as a remote possibility but as expected (rightly so because why on earth would an II such as JP Morgan, invest in AMIGO with all the complaint issues, FCA issues etc) the idea was discounted by many.
Now, if one had a reasonable amount of intellect, one would look at the current state of play here and draw the conclusion that major news is coming. Those wishing to get in on the cheap - well, it ain't as cheap at 11 as it was at 5.8!
You see, you are the people who couldn't spot the value then, BUT, now, you seek to drive it down, which I'm sure market mechanics may well assist you tomorrow if there is no TR1. It will be NT to buy on and off from 11 all the way back to 15, I wish you luck. Maybe you didn't have the balls when things looked dire a few week back, but now you see II's on board, you take the lazy route and de-ramp to make 30%.
Amigo has a world class Board of Directors, including exceptionally talented NED's who have close ties with the FCA. This company is going places in my view and looking for 30% is not my strategy.
Sometimes a share is safer tucked up and left. Enjoy tomorrow's de-ramping if no TR-1 appears.....................
5.603m 4:35pm (usual 4:35pm trade, over 2 weeks now this been happening EVERY day). During the day, circa 4m, 3.7m, 4m trades off-book. If no holdings tomorrow 7am they will fish down the FIB to 11p or thereabouts IMO. Stop losses will be wiped out again, RSI will go below 55 ish, then whoosh, see it go 20p+. A holdings RNS @ 7am preferable, but lets see. All IMO of course.
May drop here again this afternoon. Let's see. If Mark is correct it may well drop another FIB level.
I'd suggest there could well be a shiny new II on the next Holdings Notification.
'twas a little humour Tim.
Tanking? Sure, 70% down lol (that's tanking)
>Realism - just buy some some and be done with it.
If yours is set between 14-15p, watch out.
You may be on to something Val with your thoughts on JPM. Looking at technicals, the chart is almost a mirror of 23/24 August 2020, but then life was not so good at Amigo. The RNS on 24th Aug caused a gap down...........rest in history. Things are completely different now, and I do believe there is a big play here in terms of future outlook for this company. Movements -/+ 20% are insignificant if you believe the big picture. A long walk for a few hours tomorrow morning may be in order without the phone!
More to come Mark, pull back inevitable. RSI 84! Lets see. Question is, with more II buying, does the average punter want to risk losing profit versus gaining profit - that in my view is the crux point of investing and something at this time with AMGO that most investors are thinking about. If you got out today, you will be sweating, can I get in tomorrow under what I sold? If you are still in, you will be thinking, god, is it really going to 15, it was 19 today! Stocks hey.........who'd want 'em!
Generally, you don't know when a holdings notification will come. However, there are times when you do know they will come - currently they are as predictable as the No.22. The only thing nobody knows, do we have a 3rd II? This is bound to drop tomorrow, quite possibly to 14-15p. If you traded it today in the 19's, good for you. Just make sure you can get back in.
Sure will. Lovely 8m buy after hours...........again, not stamped. Holdings RNS's will flow until Friday minimum.
Should be interesting.
- Before 11AM!
Looks like it cant cope with the volume either!
There is still a huge volume unaccounted for in the form of a TR-1.
There is still a huge volume unaccounted for in the form of a TR-1.