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Fantastic comments from all above. It’s nice to be pet of a sensible board. Some others are painful.

40p will be seen as a massive breakthrough/resistance point and would represent a 52 week high. So if we break 40p i think a path to 60 clears nicely. I’d expect. Break through 40p to actually head to 50p in quick succession.

The road to 40p seems a long one to me now though and I feel it may take positive H1 results to get us there.

The range are allowed to open under DIY. Laughable really.

Cineworld has been dragged into the sights of the short squeeze hunters. It will fall hard I think.

Card will be back to £50m profits in the financial year following this one. Easy money for the patient. Short term is rocky though.

Paddy,

The disparity in value between the 2 is crazy. Especially when you look at the accounts. It sums up the market as a whole really. Forget covid etc, even when card were making £60m a year their market cap was a fraction of the moonpig valuation. The forward pricing of the market at the moment is laughable. We seem to be having another dotcom boom......and we know how that ended.

Why would it? I don’t think investors look to invest specifically within the greeting card market.

I’m with Lewishem here. You can read that RNS whichever way you see fit and confirmation bias will play it’s part in that.

To me, it’s positive news on balance. But the reality is it just means we’re back in limbo for another month and the SP will drift accordingly.

The share issue doesn’t make a difference to the PE, it’s a simple market cap calculation. EPS will take a hit though obviously.

I know what you mean. We don’t get dragged up with the Dow, but we always get dragged down with it!

I shall load heavily at 25p. As the chances of breaking through the 25p support should be non existent!

Oracle,

People are playing a dangerous game and don’t realise. Even if they win, it will be at the expense of another retail investor who they’ve talked into it. They think the funds will be the one paying the price, but funds will recover, some of the poor RI’s never will.

Agree entirely prof. Personally I think shorting should be a banned practice to be honest, because it’s the biggest self fulfilling prophecy there is and I’m essence is pure market manipulation!

They should at least cap the maximum % of shares that can be short. No way SIg deserves these drops

On the flip side, Barclays is undervalued by most measures.

Bought 5k shares in BP today for the same reason. I’ll probably hold for some time after the results. I think 380p should be achievable with some momentum.

I made the same mistake with Barclays back in may. I suppose there’s no such thing as a bad profit though.

I’ll check out petrofac, it’s not been on my radar.

If they would just pump some money into advertising to create awareness of the app, they could have it away!!

Well I think 25p is the next support level. If we don’t bounce back to 30 and end up down to 28p, I’d say 25P is a strong possibility.

Volume ha the killer here in my opinion. It’s been a problem all year. We should have lifted off from
The results, but there wasn’t enough volume to break 36P.

Well any big shorter will be mindful now to say the least! I’ve seen so many companies rallying today and it’s largely driven by shorts being closed. The funds have seen what’s just happened with GME and don’t want to be caught out.

This is a seismic shift, one of those market moments that will be talked about for decades and I think it will change how funds approaching shorting isn’t he future.

We could do with a nice short squeeze like GME and AMC have just had! Ha ha

See our answers in the subject above.

Boo,

Agreed that another sound stratify is to wait for the upturn, although you can still get caught with a false break which happens a lot.

I also don’t see any problem with averaging up of the trend and indicators are all in place. But yes, you really should be sure that the play is a genuine breakout.