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I wonder how many followers of these forums switched to TW in line with a certain fellows vision only to find out today that he got cold feet and choked when it came to selling at 172. I hope nobody got burnt!
Johnson the link: http://www.bbc.co.uk/news/live/business-44194711 The interview with radio 5 live is quoted after 6am. Good to see chatterbox Tom has not sold his position in ITV yet. He saw sense at last!! ATB GLA :-))))))
Richard Dunbar of Aberdeen Standard Investments claims that weak Sterling and the low cost of borrowing worldwide are fueling the FTSE rise to record highs. UK assets are seen by overseas investors as very attractive. A cocktail of takeover activity........ The Qatari's need to bid for ITV :)
So spell it out. What do you see happening over the next 6 months outside of ITV? I have said I think we are in for European banks going under and no bailout. That is disastrous from the European economy and Euro but comes at a time when the UK is looking elsewhere. The Italy crisis is possibly just days or weeks away. August at the latest we have a run on European banks.
FTSE is marching up this morning. ITV is only picking up half the average..... I am out of all other shares now. Just holding on at ITV. There is a massive fall coming down once Italy defaults on debts and European banks crash.
Tommy Tommy Tommy you are mixing with the wrong crowd. I was at a party with friends whose house looks down to the All England Lawn Tennis Club. It was only BBC coverage in their house. I failed to even register ITV were showing it. Verily high class people. Nobody would even dare mention Chav TV. Phil Schofield is as classy as ITV gets. It could have been Loose Women or Kyle doing the coverage........ Did I mention that my ancestors were robbed? They were closer in line to the throne after the death of Queen Anne and succession crisis than the Saxe Coburg Gothas. Alas they were denied their birth right and the current German oiks were installed on the throne........ I have the blood of Kings.
Moderators are off putting together the final touches to their Royal wedding parties. Calm afternoon in here. Calm afternoon with ITV. Long may it stay this way. Enjoy the weekend..... Oh and come on Chelsea. One London club needs to remind the Mancs that we are the greatest city on earth.
Wednesday I would love more discussion on the Murdochs. Liberty is old news now. Once the sale of much of Fox including SKY goes through, you have a very aggressive family, with billions to spend who will be free to buy broadcasters and media companies in the UK with no competition issues, no conflict of interest. They would be the ones to buy ITV and then make so much of it pay to view.
What is offensive in analysing the trading strategy that you are so busy promoting here? It relies on luck. You are touting a share that fell from 700 to 12 in the not too distant past. Selling at 172 to buy back in June is like betting on the horses.
Carmichael why the need to be so abusive? If someone feels the need to tout a trading strategy on the forum are we not allowed to express criticism of its flaws? Selling ITV at 172 to buy back after May 31 relies on too much luck.
Why can we not respond and be critical of TomE's investment strategy? He widely touts it here. More than any other poster he blows his own trumpet....... Myself and others think it is high risk. Foolhardy. TW has form. It came close to being another Carillion. Selling at 172 only to buy back after May 31 is rolling the dice. No science. No maths. Just gambling and relying on luck.
I hear you Tommy. I had made 40 to 50 percent increases in 2016 in the money I switched to ITV. I read this board and thought it must be another SKY. I cashed in my SKY shares thinking nothing much would change and the Murdoch bid would go through at 1050. I cashed in at 990 to move to ITV. SKY's share price today is over 1350. .......... The financial advice given on this forum is terrible. Chancers and high stake risks. I mean why leave your loss making position in ITV to try to get a small dividend elsewhere and then possibly lose out when ITV rises. It is lunacy.
How about losses? I have lost 50k on ITV but I can live with those for now as the share price will recover. Worst was Tesco in 2014-2015. I bought in at 3.00 thinking it was already down and that it was a sound business and the dividend was good. They continued to lose market share, profits plummeted and then the accounting scandal hit. Down to 1.50. I managed to make some money back selling at 2.00 and buying at 1.75 but I still lost a five figure sum. Eventually sold everything at 2.00 and got out. Despite an amazing new CEO the debt mountain and diminished returns in food retail made its recovery look too far off....... I have been burnt on numerous shares. Nothing like TW losses 2007-2008 though. Those are wrist slashing losses. Amazed anyone who was in that share could still tout it. It lost 98 per cent of its value in less than a few months. If you had a pension fund of 500k in 2007 in TW, by 2008 you would have seen that fall to 20k.
Lets see. "we" opened the week at 171.95. The share price is still 1.5 per cent down and somebody is dressing this up as a cause to celebrate........ Now if only TomE had been in SKY in December 2016. In the space of 20 minutes I watched my shares go from 7.60 to 10.30. It was like winning big at the races. SKY is truly a great share. ITV is a poor investors share.
Tommy you dared to have a different opinion from the accepted line on here. Simple if you are not an OAP who is dependent on ITV for an income and therefore desperate only for good news on here then you are a troll! The clique would rather this forum is for ramping only. No fair and unbiased questioning of the merits of investing in ITV here please.