Member Info for Barcap

The trading statement was much as I expected and was largely moribund.

I look forward to the analysis by BlueRaphus.

Cheers

Barcap

Standard for this company to be honest.

Shambolic

The shorters will burn now

I wouldn't be surprised if there is a short seller squeeze this week.

This would result in a spike up.

I'm in at 70p and sitting tight.

No one gets the bottom or the top when investing/trading but my "hunch" is the shorts will be running soon.

GLA

Barcap

Marybr190

I see no hints of a bid.

The rise is due to better than expected outlook and further share buybacks.

Cheers

Barcap

Capitulation in progress as weaker holders bail out.

Strong stomachs is the key here.

Look the shorters in the face and don't blink!

Cheers

Barcap

Jedclampit

Shares are wild animals.

You may still get your day to re-enter.

Cheers

Barcap

A strong bounce off the 23.6% Fibonacci retracement of 82p from Tuesday's rise bodes well.

Cheers

Barcap

Time to join the Direct Line crowd IMHO

Cheers

Barcap

Time to enter this share IMHO

Cheers

Barcap

VincentVega

Yes, I am Barcap who produced Bianca.

Good to bump into old friends.

Were you on Interactive Investor?

Cheers

Barcap - Bianca Developer!

Jedclampit

From my technicals the Fibo retracements from todays rise are:

82.32 23.2% retracement

79.90. 38.2% retracement

78.00 50.0% retracement

76.00 61.8% retracement

So these are levels of support on todays rise IMHO

Cheers

Barcap

Yes, I got "lucky" on Greencore yesterday also.

69.9 to 84 in a day!

Cheers

Barcap

Jedclampit

I'd recommend sitting tight and holding.

Trying to dip in and out only results in tears IMHO.

Cheers

Barcap

Bombed out but now is probably the time to pick up a bargain!

Cheers

Barcap

I got lucky? buying just before financial announcements!

One to tuck away.

Yes, short term traders selling will most likely drop the price towards the end of the day but then longer term investors will enter the market on any fallback.

100p is not out the question this October.

Cheers

Barcap

The selling is close to it's end now IMHO.

Time to buy this bombed out share.

Cheers

Barcap

With EPS of 25p and a dividend of 8p they are pretty well underpinned.

So current PE is about 15 which isn't a stretch for this company.

I'd be surprised to see sp south of 350p from now.

Short term profit takers did move in this afternoon but that should be it for selling pressure.

400p seems like an achievable target soon as longer term investors move in.

Cheers

Very strong results (as expected).

Big increase in dividend is always a good sign.

Also maintained margins of around 21% is huge for this kind of business together with a growing market will underpin these for years to come.

Shame the price took such a hit over the last few months but the trajectory is good.

One to put in a SIPP and keep for the long term.

Cheers

Barcap

BlueRaphus

Fair play mate.

We both have our positions so interesting to see how things unfold in the future.