Member Info for appleby

A very nice VCP set up forming here, if it tightens up around 163p will be ready to rubble.

This will take about a year to complete, as stated in RNS .
Sold out today good luck all

Looks good but why the huge spread

What a result , had a top value pencilled in here at 670-710. The 50p gap is a strange one RNS clearly shows the government have agreed .
Agree there are many companies lining up to be taken over , shame these brilliant British companies are being sold .
Well done to those that can see the setups and have the patience .

I like Bt , even use there internet products , however big greedy players here want to panic you out so they get your shares .
Will buy in around 140p seems a key level .

Gla

See this as a buy around 140- 142 p .
Mggt worth a look

Prefer to see a retest 512 area and a period of consolidation , before a retest and move higher .
I have noted a massive demand tail on the monthly chart for July linked to the drop off in monthly volume since the accumulation sub 300p.
Also noted that the point and figure weekly chart with standard 3 point reversal gives a 670-690 price, which was the recent high set in FEB 2020 .
All this suggests a takeover at 550p would be giving it away .
GLA

Share was £44 a share in March 19 , so a 20% increase is more correct , these large caps take months/ years to build bases and selloff .

See the recent price action as a trigger, testing the weak hands and mopping up any supply before a move higher.
Point and figure weekly charting , (3 box reversal) , suggests a price 5200-5400 is coming .
Will take a few months and a retest of supply to get there .
See how it pans out .
GLA

Zarro, have a look at amazon share price , near perfect example of price being held in a range for over a year , someone is either selling or buying in that range , once the campaign is finished it will move very quickly either up or down .

This is not a fair game mate.
It does however show that several large players are taking big chunks of this business .
You must ask yourself why , will take a while to play out.
I Have tucked a few away .

IT was purchased over weeks and months prior , only when the order is filled does it become reportable . The large positions taken can take years to get into and out of , think of it more as buying campaigns , buying on the lows of the range each time it hit the lower level they buy more.

Bit of strange one, my broker has asked me to close my short positions and close the account , they dont like it when you win .
I closed my other short yesterday and banked the cash , must of sent alarm bells ringing .
GLA

Train is about to leave the station heading South , next stop penny share land .
GLA ( good losses all )

Might get some luck next week, it closed up strong .

Surely you can find a better company to buy than this , it dont even make any money ,now has the uk government as a new competitor, so many people will be working from home in future . What is the appeal , other than its share price has fallen .

Must admit you are bang on today , are you doubling up ?
I think i will hold my short until a change of structure occurs , if it gets above £3.00 on a weekly close then i would take profit.

Nice one , at this rate you may even recover some of this weeks loses , your still down 6.33% on week . I wont comment on your 3 months losses.
I would wait for a 6-8 week base to form before buying in , you have clear institutional involvement , if they intend buying back in, which i do not think is the case ,they will need time to build there position . Unless you see a large increase in volume i would expect most of the buying to be retail investors , trying to average down or catch a falling knife etc .
Time will tell .
Good week end all
Gla

Yes if you start shorting , take spare underpants to work , your going to need them .

Trying to run a portfolio of 3-5 longs and 3-5 shorts , holding for 90-120 days , do much better on shorts than longs , shorts are easier to spot but you need to watch them more.