1.5 million more bought than sold
At 12:26 the share price hit 60.00p and within one minute there were hundreds of trades generated from it touching 60.00p
Also there’s more shares bought than sold already today... 1.5 million more.
Nice big blue number my end..
Well that’s just silly! You should have done that last week!
It’s a silly amount per share but if you sell half of your stock and the price fluctuates by 10% and you are able to get that, then you are roughly 5% up from that, not in cash but in the number of shares...
5% of the end price when you let the shares go and don’t rebuy could be quite a bit of change
Also take into consideration that people are reporting that they are unable to buy CINE on their platforms, due to the amount of shares getting snapped up and the volatility of the price it seems that some platforms are struggling to make the trades.
I’ve not had difficulty yet but if you sell a chunk of shares and then cannot rebuy them, that’s even worse than the price going up.. you’re dead in the water then!
I’ve been doing this for weeks..
It’s FAR TOO risky to try it now
At one point I had 15,000 shares sold, waiting for the small dip and it went up, four days later I panicked and bought back with the money from that sale and ended up with 2000 less shares...
I’ve done it the other way a few times but I’m level for number of shares, at this price it doesn’t seem too bad but if you mess it up then they go to £1.80 in a months time, you are going to kick yourself..
Ignore what you paid for the shares - look at what you will sell them for per share and concentrate on how many you have..
Err... I use LSE.co.uk and pay a monthly amount to view live
My shares aren’t through this site tho.
Wait for it to go over £1, set a stop loss at £1 then if it happens deal with it there?! Fluctuation at that level could be good,
If it’s up to £1 and drops, I’d consider selling half and attempting to rebuy at 90 for a further gain of 5%
@latpulldown
If a big company like that wanted to buy shares, would it come under a 3rd party/broker or do they have to Legally declare their position?
Shorterguy shorterguy shorterguy!
Did it work? - is he here?!
I think every time the SP is a multiple of his 20p target - we should have a moments silence in memory of his portfolio.
Shorterguy isn’t here at the minute, can someone tell me how long it will take to get to 20p when the SP is going up 1p an hour? - I need him here to remind me when to sell all of my shares
Hiya mate, - can you let me know how low the SP will be today because I’m worried that I need to sell my shares before they hit 60p and drop to whatever your ridiculous prediction is!
Mug
@jaibaba
Maybe another time :)
I’m not telling you my investment total, but my share account is showing 1.38% profit on my cine shares!
Whoop whoop!!
RNS Tab goes up by one notification
Chat Tab goes up by 50 LOL
Makes you wonder where they are looking to be neutral..
@Luckyno7
Why would this be? Is this a ‘thing’ they regularly do with shares?
From front page of LSE:
Alliance News) - The UK's competition regulator on Wednesday said it will probe the joint venture between UK brewer and pub operator Marston's PLC and Carlsberg UK Holdings Ltd.
Shares in Marston's were down 1.7% at at 50.00 pence each in London.
The monopoly watchdog said it is considering whether the proposed brewing and distribution joint venture between Marston's and Danish brewer Carlsberg will result in the creation of a relevant merger situation and lead to a substantial lessening of competition in the UK.
Marston's and Carlsberg in May had announced the formation of a new joint venture for brewing and distribution in the UK, resulting in a large cash payment to Marston's.
Under the agreement, FTSE 250-listed Marston's would receive a 40% stake in the Carlsberg Marston's Brewing Co joint venture, plus a balancing cash payment of up to GBP273 million.
The joint venture had valued Marston's brewing business at GBP580 million and Carlsberg's UK brewing business at GBP200 million.
Marston's had said it would use the proceeds from the joint venture to cut debts. In March, the company had commenced a debt reduction programme with the goal of reducing debt by GBP200 million by 2023. As at the end of 2019, Marston's net debt was GBP1.39 billion.
In announcing interim results in June, Chief Executive Officer Ralph Findlay said: "Looking ahead, our transformational deal with Carlsberg positions the company well for the future. Post completion, Marston's will be a focussed pub and accommodation business with a significantly strengthened balance sheet, well placed to rebuild trading momentum and leverage the market opportunities available to us over the medium to longer term."
The Competition & Markets Authority is inviting comments on the transaction until September 2.
By Tapan Panchal; tapanpanchal@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.
What’s this about American stocks finishing high so it could start a rise on uk? Just read it on the LSE opening page? My eyes are tired - I’ll look again after breakfast