Member Info for Barnety2000

I’ll let the market makers know 2 weeks ahead of time next time I want to make a big investment and maybe they’ll walk the share price down for me…not!!

Looks like some support at 321p. Bounced off there a few times now. Could well be that we’ve hit the bottom and will now be on the up going forward. Let’s see…

Bear in mind this big fall isn’t Tesco specific…it’s sector specific. Sainsburys and M&S in particular have also fallen sharply on news from a rival retailer. It’s analogous to Ryanair warning on profits then all the other budget airlines drop in sympathy. What happened there? The sector rebounded shortly afterwards. I expect the same to happen here. The trick is to catch it at its bottom rather than the falling knife.

Couldn’t help notice this big fall on Friday so thought I’d buy a small holding at 329p this morning. I don’t really understand the drop. Tesco fundamentals are great and it’s increasing its market share, unlike Asda. So I don’t particularly consider the Asda updates relevant and expect this to recover somewhat in the coming days…great buying opportunity now imo.

Nothing is a “dead cert” when it comes to stocks and shares. Posters on here who are adamant they’re 100% right are worthy of nothing more than a filter. Rising nicely again today. Not a golden day to be a shorter.

Been sat with this share at a loss since 2021 with an average of 660p and patience is wearing thin. Seriously considering just selling out at a loss and pursuing better opportunities elsewhere…can’t see this share going far in the short-medium term…

It looks like after yesterday’s spike, this is heading lower again. Targeting an entry in the 12-13p range.

@MaverickD I had my finger on the button this morning at 13.34 but didn’t press it…looks like maybe I should have! Going to watch and wait a bit longer to see what today’s rise is all about. There is always a lot of hype over a 7% rise only for it to fall back in the coming days…

Haven’t been invested in TLW since 2020 but this is looking VERY cheap. Wondering if it’s worth taking a punt and buying a small holding here ahead of results day…

A very interesting challenge! I’m of the opinion that this was vastly oversold following the FY results, now supported by the partial recovery. Aside from Ocado-specific news, a lot will also depend on global developments between now and May, especially those coming out of America.

Based on no major shock negatives in the above, i’m going for a trading range of 250-300. But with some positive news, this could get to low 300s by May.

Can someone explain to me the advantage of shorting this share over trading it (buying the lows and selling the highs). It’s going up and down within the same range. It seems both do the same in opposite directions but with shorting you have fees on top. So surely trading makes more sense?

This looks like a market overreaction to me. OCDO never does anything in halves! Results looked OK, continued trend towards profitability but with no positive surprises I guess. Perhaps the later release of 2 CFCs has scared everyone. The markets wants profit and it wants it now. Anything less clearly won’t do.

The million dollar question. I always say if you’re at a profit you’re happy with then sell. If results are good tomorrow, this will spike. If results are bad, this will drop. Based on previous results, expect a lot of volatility at the open. I’m holding personally.

Good points here. Nice progress towards profitability with a clear pathway of how to get there would be nice to see.

I agree, any initial share price reaction probably won’t be sustained. It’s nice to see my target 330-340 range being established before the results though.

It’s funny that during the one time where his statement “hammering up” is closer to being correct, QANTAS is nowhere to be seen.

OCDO has been my best investment this year. It’s all about timing of entry and exit with this one. Thanks to its volatility, it can be very lucrative. But if you time your entry wrong…there’ll be a lot of waiting and hoping if you don’t want to sell at a loss.

Unfortunately, until the company as a whole makes a profit, this is only going to be good as a carefully managed trading share (as Boyo has previously pointed out).

Good day for Ocado and hopefully something that can be built on further tomorrow. Ocado does have a rather annoying tendency of dropping away the day before results though…

It’s neither hammering up or dropping away at the moment though is it. Just small intra-day fluctuations.

It’s interesting how some folk interpret share price movements in this group. It’s currently 2p down and according to QANTAS it’s “hammering up” and according to Valueplay is dropping away to new losses.

90% of posters on here are just biased and posting to support their own rhetoric.

Yes after a spritely start, the rally ran out of steam after mid morning but it’s still nice to see a finish >2% up after the recent dip.

I think this week will be critical to determining the pathway for the SP over the coming weeks or months. I’m really hoping for some unexpected positivity then this could soar. Regardless, the usual volatility will likely occur on results day, giving a good opportunity to trade. Best of luck all 🤞

I’d like to see this getting to at least 330 (ideally 340) before results. Then I think we would have a shot of hitting 400p on results day if they’re suitably positive. That would then be an ideal close out for me, personally, then wait to re-enter at the next drop.