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Several countries have banned freight and passenger travel from the UK, hospital capacities here and abroad are already close to their limits and there is evidence that this variant was spreading exponentially *during* November's lockdown. The freight issue has actually prompted a COBR meeting tomorrow because of how significant it is. I think it is likely that more major lockdowns will be imposed over the coming months to limit this strain until more of the population is vaccinated.
I also understand that we have missed today's deadline for Brexit discussions, which means the European Parliament will not have time to ratify a trade deal this year; if this is a rigid deadline then no-deal is confirmed.
I think this massive amount of uncertainty + potential for major lockdowns will hammer the UK markets and transport stocks, unfortunately...
https://menziesaviation.com/news/lift-and-menzies-aviation-lift-off-in-south-africa/
Odd that these aren't announced via RNS as well.
NEX, SGC and MNZS have been lovely recently. :)
Seems to be the slowest to rise out of FGP, NEX and SGC; hopefully it climbs into the low 1000s soon.
Several algos started selling at 13:59:35 for a few minutes, so they must have been responding to something. I hope I don't wake up to bad RNS news tomorrow...
I got in a few minutes after the Pfizer vaccine was announced and am currently at an average of around 130. With today's Moderna vaccine and all these new contracts, this should hopefully bounce back strongly.
It's been several months since the crash and they still haven't upgraded their capacity... Not being able to chat during the trading session isn't very useful.
Extremely happy about today!
This website needs new servers. Sold out at 655 before the news because I thought it would go back down like usual, but I managed to reposition into SGC and NEX at the beginning of the rally, so I'm still massively up.
A sudden rise to 640 then back down to 580 a couple of days later... I should have sold, but unexplained movements like that make me concerned that other people are acting on something I don't know about and the momentum will continue. Oh well.
The CFO bought £149.76 of shares?
...£149.76?
FGP, SGC and NEX are all starting to recover and guess where I put most of my money after selling those stocks: GOG. :(
I was hoping GOG would rise off its recent lows like NEX did. I actually sold out of NEX to buy more GOG while it is still low, but it looks like I would have been better off keeping my old portfolio. I wonder how influential SGC's results on Friday will be.
Oh dear, it looks like everyone made a loss today.
I hope people have diversified and haven't put all their money in this trying to average down and time the bottom. Every time I look at this it just keeps going lower.
The volume has massively dropped off since it left the FTSE 250; it makes for a relatively uninteresting trading session...
I'm actually above water for the first time in months.
@WingingItSince92 Same. I wasn't expecting this sudden rise with the increased lockdowns, no CEO announcement, etc.
Sold some SGC for a very small profit then went into GOG--currently at an average of 608p. I regret not buying some more NEX when it was below 120 so I'm taking advantage of this sub-600 price while it lasts. I'm nervous about the growing cases/lockdowns though...
Right after I buy some more, because of course.