The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
As always. I sold too soon. :-D c'est la vie!
CFD position? At least this one will make up for your losses in METRO. I sold up here this morning. I've been in and out since £22 as well. Been a nice one to trade. Sadly still underwater with metro. Lots of scaremongering here, it's all been priced in already. Will wait for a little dip below my last sell and buy again. Can do 5% in a day up and down. And no stamp duty, lovely old stuff.
What a total turd of a stock. I sold half my holding at the start of the week 826p and slammed it in somewhere else which is up 7% now. This thing just keeps on falling. Pfff. I kinda like the thought of those useless double chinned BOD morons eating big losses. Handbrake well and truly off now. Still looking at a 20% loss here though. Utter Wang.
What do you mean? It's already buried. The shorting is done. Now we just have to watch as the low volume, high short fear factor takes effect. Where it ends nobody knows. 800p, why not. It's not even that far. More likely than 900 let's face it.
I had a dream sp went to 430p last night, and I made peace with that. :-D I think the quote from Vernon when asked about the SP was "I can manage the bank, not the markets". So I think he takes a fatalistic view. What will be, will be. Which of course is ok if you're not looking for funding. It's all private funding anyway, PI won't be getting a look in. I'm taking a fatalistic approach too, made my bed. Time to lie in it, it's only a 17% loss. No big deal! Hahahaha, aahhhh FML.
I'm not buying anymore as I'm maxed out for my ISA this year and have nothing else I want to sell, AVG 1025. This things going to get back up to £14 within the next 6 months. These prices are quite frankly ridiculous. Anyone selling down here must be stupid or have the patience of a ritalin fueled hyper dizzy after consuming two packs of haribo. Still, whatever. Will continue until the RI price is given.
I'm just digesting it all, few interviews with Bruce Toll. Nice ride for the traders this morning. Have a few funds started to close out? Or do they see more juice to squeeze? Over 10% still out on short. Guess we will see this week.
I need 1025 to break even after fees and stamp duty all rolled in. I've not got the balls for it. I'll probably bail if it gets there, not holding our much hope tbh. This thing is too wild for me, I've got a day in the workshop planned as well. Hard to operate a lathe with one eye on this sorry sack of terror. :-D
How will you trade when it's an elevator straight down to 700 with the hand brake off! Weeeeeeeee........ I'll just take comfort that some have bogus multiples of my average. Gunna take a long time. GG all have fun. Get your red braces on and pop a greased ring spanner over your sausages, just like in the city for another day of rampant bum sticking.
They won't announce anything, that would be far too logical. The BOD will have been practicing their putting today in the board room and twiddling the top of their hair like Stan Laurel.
Weeeweeebweebweeb Oh gee Olly!
That's another fine mess you got us in to Stan!
JP Morgan Cazavampiresquid just gave MTRO a target price of 790p
JP Morgan Asset management have a 0.73% short open.
Hilarious. Keep up the good work with the double Dutch rudders (Google that).
Going to be lots selling out at the 1030 level. The cowards they are, throwing potential £ down the toilet to dance the hokey cokey spoffing stamp duty all over the treasury. Post lunch will be a big bun fight as orders go in. Hopefully a few ballsy moves. Dare we say 1040 close? Ideally I'd like a 1000 close and hold but something tells me there will be alot more shenanigans in store for this, seen it all before. Various shakes to make you second guess yourself. 729... Could still happen! :-D *makes ghost noises* woooooooo wooooooo