The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
1onic, it looks like the hidden seller continues. I wonder what our LT holders will find out about that as well as all their wild conspiracies we've read here in December.
Time will tell.
My last remaining slice has now touched the entry price at 35 ish. At the same time I am quite glad to have followed the bearish TA alert in December (double top at 49p) and sold the main chunk.
Each to their own strategy of course!
Still have one leg in the game, and can easily topup as soon as a new uptrend.
(Those dozens of buys published by Fatbanker, between 44-38p, looked very tempting, but I prefer to stick to the technical facts when some of the vital support lines are breached.)
Chilting, that of course explains many many things! So this means that ITX has seen quite a breaching of trust on the market. In my opinion it will take several more suddeb 30-50% spikes to fully establish at a normal day 7p range. Untill then, every next spike will be used by some people to bail out. Happy that I did not fully load up just yet! Best to let the market beat up the share for whatever its needed, and then decide if this management is worthwhile.
TheTraveller, say what you want, but in my opinion someone is jumping or bailing as you say in the UK. TA wise its important now that the 12p support is maintained.
Hsha, look at all those buys, and then some 1k sell instantly lowers the Sp again:)) I bet they will wait untill 300k buys came in, then match it with a 300k sell from Kilkenny. And why is Kilkenny selling anyway..?
Fair enough, Slopjockey! Each to their own decision. By the way, me too I've been an Onzima holder and profited months later. ------ "...interview with NT and some lager-lout 'investors'." Ähh, you mean Myles McNulty?
TheTraveller, we might keep a close eye on things now. Over at the mini pharma you must be well in profit by now with that 14ish. Looks like quite a few PI have probably topsliced i.o. to secure some of those 40-50% gains (from 7p days). Other peeps write they jumped entirely. Just my observation. Are you still loaded? Whats your opinion about the expected news? Will you take that high risk 50/50 bet?
Honestly Slopjockey, taking your word, you again selling 10k worth today... That meand you must have unloaded something like 5 x 75k shares in recent weeks. (Merely the past two weeks basically!) So plse allow me to wonder a bit my friend. You have been VERY QUIET on this board for someone who held almost half a million shares! Scroll back, I didt hear you buying when many on here bought large 150 and 200k chunks, at 5p and 6p. When exactly did you build your 400k stake? Apology for my curiosity. I'm just asking as you obviously wanted to communicate and be clear about your position. -------- Unloaded a few more. Good luck all. It's bound to shoot up now ;-)
So let's see how this holds... The next bull trigger at 5.80 is almost touched.
Haha, today Gcm rests neatly and nicely at the bottom of my daily winner/ watchlist. Well said, Redeyesmines. It looks like rise & rinse. Anyway, whoever holds a decent 25ish average should be allright. But its not March but rather this February that I'm waiting for. The repeated 10% rise with instant selloff tells me that they are trying to provide a decent market, so that Kilkenny can unload the remainders. (Be happy that mm's help to maintain a decent 30ish price, while a large stakeholder is jumping. And IMO it is the chinese who quietly collect all shares that were sold, while they are cheap. The chinese came to profit, not to enrich british PI's, right?)
IMO the Sp will slowly approach one of the former supports at around 8 ish.
Not sure what to make of this volume. Normally it should be much higher in advance: Volume Sold 205,092 Volume Bought 64,029
Atty, but then what has caused this incredible deflation from the 6-7ish rise, back down to 3.90p...? Why would anyone risk to be closed out with his 300 or 500k selling at 5p? I can only explain it with ii's unloading their 2p share issue holdings in chunky sells.
On it's way to establish the crucial LT support above 1330-1340. I for one am quite surprized about the amount of deramping last week from different newspapers. I only wonder becauae Metro has staged a strong rebound eversince (Just days back some numpty on here was shouting "900p please...")