The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
If it doesn’t bounce soon we are screwed, it will drop back to 150s no doubt.
Would be nice Nige, probably will happen eventually but could still be years away
Well that’s the upward momentum push gone, World Cup gone, results gone and we are dropping. 180 now seems a long way off, wishing I fully sold out now
Must have been priced in the current sp levels, god forbid if they were bad numbers
Ignore that, just read previous post, you are still an holder
Thanks I will, need the break. I’m already in just took some profits last few weeks and reduced stake a bit. Are you still in arsenal?
Arsenal- lol all three... I finish work on Friday for 2 weeks, going to Spain on Monday so don’t want to be worried about positions. That’s probably played a part
I watched it drop it 167 but failed to buy any, lost confidence maybe
Here we go, big drop down
The FT states in its write up that for the first time itv didn’t report net advertising revenues.
First press article I’ve seen on investing.com is positive.
The market and press always seem to pick the negative with itv results and the opening statement might not help “Strong operating performance in an uncertain economic environment”
I hope you are right Carmichael, il be happy if it rises as I’ve got positions that will benefit. If it drops il add. I finish for my summer holidays on Friday so scaling down trading and having a 2 week rest from the markets
Agreed, I’ve got cash on the sidelines too. Il be up early tomorrow. Digest the report before the market opens and let the fun begin
sometimes
I sold around half my holding at 180, I’ve added a little back at 171/2 but held off jumping back in fully. As others have said it will probably be pushed down tomorrow, maybe a fair drop first 30 mins then recovery. It’s weird even a good update isn’t enough for the market
That’s in after hours trading as well, will probably open lower tomorrow
13% drop in a day is a plunge and a big one at that. No one saw that coming
Just spotted it GS downgraded buy to neutral