Member Info for Big.Hairy.Spider

Taken @£6.19. I think this is very much oversold. Half decent results often seem to be the catalyst for a drop. I also have stock in LGEN & BA. Good results yet the markets decides that the sp slides south, all case in point. Both recovered. Both in blue for me. Happy days.

With an XD due this month and Christmas yet to come, am happy to take the same risk with JDW.

Stach, not sure how you've summised that I'm afraid from my last post, but apologies if you think I have. I'm optimistic. I bought back in heavily last year at 46p, and added in the 60's and 70's. Right now there is a nice blue wedge beside my holding in my account, However, I lost alot of money under the last CEO's tenure, and my break even is 1.25. That is achievable but I don't believe as quickly as you're predicting. You've been plugging that 1.20 is imminent since at least January. Last Novembers trade update was excellent, and sparked a long awaited recovery. This year there has been too much resistance at 1.00, the SP has had a few good goes at it, but it's been doggedly pushed back. CF have over 340m shares in issue, and unless next weeks results are of epic proportion, debt significantly reduced, and a shed load of TR7's to follow, the signs to me are that this year that the SP will be more of a slow but steady plod upwards until refinancing is sorted, and a divi declared.

Regardless of how good (hopefully) the results are, CF need to clear their refinancing loans and reinstate the dividend before the SP gains any real traction. The immediate overhead is a £20m covid loan with monthly repayments of £1.75m due until December. I'm hoping the results will continue to report their other nett debt reducing more than what has previously been expected.

Geniune question, what bearing would the OTCMKT (ITVPY) market have on LSE's ITV? I look at shorttracker.co.uk for any shorts declared to the FCA, and there are currently 3 for ITV totalling 2.7%. Would just lke to understand / see if there is anything else I could look at when assessing a buying a trade.

I sold at 70p, very happy with the profit but for me it was the right time to sell. Despite the ITVX launch, World Cup, I'm a (whatever) ... there was not enough in the SP to break the 80p barrier. It flirted with the late 70s but too much resistance, and too weak a support at 73. Once that was broken, 70 looked vulnerable. I want back in if I think there is a hint of another period of sustained SP growth but don't think that is now. The bounce back seen from 57p has perhaps lost it's momentum. With dividend season upon us in the next few months, there have been some cracking trading statements and divi declarations elsewhere recently, in my own portfolio, IPX, BOWL, CARD, so ITV will have to compete with that. With the investment needed for ITVX and the market reaction to it's announcement back in January the clawback to those levels will be slow if that is at all possible. A new Chairman is good, enough to keep monitoring, but the CEO has presided over this share dropping from over £2 to todays value.

I'm not a day trader but echo your sentiment. Bought in at 61p, core holding. 6 deals in last month as there seemed to be support at 73p, last deal 77p. Not making alot but a profit us a profit. Buys up this morning but now circa 72p. Tempting but it's only half eight, and waiting to see if this steadies or drops a bit more. If it goes to 70p, then I'm all out.