Member Info for Bluelight

I'm only interested in the handful of stocks that I follow, and don't make predictions on ones that I've not researched I'm afraid. As a general rule though I'd say a stock is as likely to go up by large percentages, as down by large amounts. True the declines get more headlines as doom and gloom merchants love to feed on other peoples misfortunes, but at the end of the day, over time stock market valuations rise, whether that by incrementally by the odd percent or by jumps on takeovers, changed fundamentals etc.

Looking at the LSE homepage today there are 6 risers of +20% today, and not a single faller over 20% today. Maybe that's an exception of the rule, but my experience would appear to be the opposite of your own.

I hold a substantial core holding, and short term trade the dips. Like Friday, bought when it was down and locked in 3% profit on the day. Don't touch my core holding, that's for higher returns over a longer time frame

I will stick my neck out and go for a 270 plus close today

Its also just broken out of its trend channel with today's move. If it holds it then should progress to 300 rapidly.

Also worth bearing in mind that even the most bearish of analysts have now come out and said its current price has priced in any potential issues, and looks cheap. People can buy at any price they wish, but always worth looking at the bigger picture than random charts.

You get a nearly 10% divi with Royal Mail, so 6% is hardly setting the world alight

Of all the shares I own RMG is the one that I am least interested in share price moves on. Its the most undervalued in my portfolio relative to fundamentals, so random price moves have little sway with me. I see a fair valiue in the 350-400 range, and will get that in the relatively near term I suspect. In the meantime 10% annual divi. It's the definition of a high value ISA stock pick, High return, zero tax. Lovely Jubley

Seems a strange one to short heading into a new tax year, as it will be one of the top picks for new investment money over the next few weeks. Hey ho what do I know. Just seems like the worst possible timing the day before a new tax year.

Not so worried about small operators going under. Less competition at the end of the day which generally means higher prices longer term.

Wouldn't surprise me if it closed up today. It's the usual pattern of taking out stops then reversing. Happens most days

The drop is for market makers to create volatility and make profit on churn. Usually with the way with TCG, up and down. Great trading stock.

This was 32p last week. Ridiculous price movements

Plus 400p....IMHO. ..
Please dyor.....cheers

Be steak dinners with the dividend at over 10%

I second that red. It's the shorters that create great opportunities for investors. Shorters are only around short term, so by driving a price artificially low it creates great investment opportunities for the patient investor.

It's a very difficult one to understand. Even looking at the revenues. The net impact of decline in letters and increase in parcels is pretty much offsetting. Looking forwards I'd expect growth in parcel revenue to more than offset declining letter revenue. It's heavily undervalued on every financial metric I can find. Maybe I've missed something but I've never come across a more screaming buy in all my years of investing. Not to mention a 10.2% divi which I expect to be maintained.

3 certainties in life. Death, taxes, and Royal mail to be down on the day. What an incredibly dull story, day after day yawn.

Once the trend slows (which it appears to be doing now) then those momentum programs will flip positions and run it up in a similar vain. At the end of the day they don't care if a stock is under/over valued, or any fundamentals for that matter, its all programming. It's very tedious and can be quite frustrating, but works in investors favour eventually.

Computers would never allow it to get that low as it would mean alot of buying from private investors and funds. The down move in my view is solely due to computer momentum programs. At 200 the shorts would have missed the chance to get out as it would bounce aggressively there. I suspect they are coded to exit the downtrend before any psychological barriers, that way maximising their return. Just my thoughts of course.