Member Info for BadNewInvestor

Very high volume of 2.6million this morning (about 1,800,000 bought and about 800,000 sold) due to Berenbereg's very well-explained increased price target from 92p to 125p which doesn't even mentione the possibility of a bid. Judging by the sizes of the trades, it looks like private investors have been piling in. Of course there are also a large number of private investors selling - you can't blame them for that if they bought at anything from 50p to 79p in the last year but getting out now means that if the price doesn't fall much and they want to get back in (for example if there are new bid runours or the next trading statement is very favourable) they'll have to do so at a higher price than the one at which they sold this morning.

CityTTrader:

At 11:58 yesterday vikingwarrior made a comment on ADVFN implying that he agrees with what you said yesterday about American buying. He said:

"See the sudden rise at 2.30 When New York opens and who is in NY? Elliot! JD's lock out ends tomorrow Sunday 15th."

Also. despite your comments that there were lots of American buyers on Friday afternoon, Friday's volume of 1.7 million was the lowest since Tuesday 3 September.

American buyers can instruct investment banks' European offices or UK stockbrokers to buy (and sell) London-listed stocks at any time of the trading day therefore they do not need to wait until 2:30 pm UK time to buy them, so how was it possible for you (and possibly also vikingwarrior) to tell that there was a lot of American buying of Currys on the afternoon of Friday 13 September?

Apologies: I omitted a very important word when typing my contribution at 15:26 (below). The correct version, with the extra word added in capital letters and a couple of other corrections, follows:

"Is today's rather dramatic share price drop due to investors' disappointment that Elliott Advisors have NOT made a new bid approach after saying on 11 March 2024 that they did not intend to make an offer for Curry's?

JD.com's lock-out period ends on 15 September 2024.

Or is the falling share price due to disappointment with the performance of the Nordic business announced in the trading update on 5 September?"

Is today's rather dramatic share price drop due to investors' disappointment that Elliott Advisors have made a new bid approach after their saying on 11 March 2024 that they did not intend to make an offer for Curry's?

JD.com's lock-out period ends on 15 September 2024.

Or is the falling share price due to disappointment with the performance of the Nordic business in announced in the trading update on 5 September?