RE: Market21 Jul 2021 17:32
agree Mattyboy, every investor /trader has one of those and sadly its not one you ever forget !!
100NO we've mentioned that several times over the past several months, the opportunistic low bid, it is a concern
with the prospect of more expensive money, the market has started to take a look at high debt companies, whether we like it or not, microfocus is a high debt play at this moment in time, however the cash flow, as you mention is key
for a diversified analysis, i do use TA too, big believer. agree that hedgies can maaipulate, but anything can be manipulated where financial markets are concerned depends which side of the market you are on whilst its being manipulated ;)
the move down to £3.80 was H&S top, completed now, took us to oversold. good entry / add point !!
i'd like to see MCRO regain £5 in reasonably quick time, however depends on the market, which is looking a little fragile.
agree with you 100NO, i'm not here for £7 , i want to see the £15 - £20 in 18-24 months time.
to finish with a Buffetism, "be fearful when others are greedy, be greedy when others are fearful"
where do you think we are at this moment on that one :)