Member Info for Dannyspaniel

Sold out at 12.89, after buying yesterday just over £12. Hoping for a pre weekend sell off to get back in around £12 again

Agree Marcus. I have made c.40% trading carnival, evraz and a few others in the last 3 months. Could have made more with less trading in hindsight but typically I try and stay in ftse100 and make 3-4% after costs regularly rather than hold out for big swings or trying to predict rallies. If something has dropped for a few days then the odds are better that it will bounce back. The great thing with ftse100 is that many stocks are so low, they should inevitably recover. Except Ocado, that really has maxed out imho.

Tempting to stick in £1k as a punt!

That would be great!

I don’t think anyone expecting a good set of figures, but a lot of it priced in. Might see a dip to bc 36p or do but I think it will hold.

This stock was 50p two weeks ago. Anything below £1 is cheap but expect a bumpy ride, don’t panic and only commit what you can afford to leave for a while.

Or it could be worrying us recovery data?

Apologies if I appear a deramper. Still nursing wounds with NMC!

Thanks JT. Good luck all.

Lol

JT - good luck. I just looked at the move from two weeks ago when it was 55p and wonder what’s changed.

Not a lot has changed since it was 45p. At that point the F1 info was known, as was new ceo and showroom opening. How it got to 80p is a mystery to me. Cutting jobs, reducing production. I think you are brave to start trading at this level! Long term should be fine though! I am waiting for sub 55p.

They seem ok with limit orders??

Given this was £11ish about a week ago and no good news since, I think it will pull back a bit more, no justification for +50%. Not sure it will dip all the way back to sub £10 but long term anything under £13 should be ok if you can hang on to them for a while. Good luck.

This will come back down to 1400 over next couple of days running out of steam IMHO. Massive debt pile and no income for 2020?

Indeed. I think we kind of agree. But if sentiment changes, that’s the worry. Definitely a lot of money floating around

Hey Arnold, yes I get that. But what has happened in the last week to justify +50%? We have had extensions to suspensions, flight quarantine rules? EasyJet etc cutting jobs so less planes in the air = less cruise passengers. I have some exposure through my OEICs, but for trading I am sure I can hear something ticking......! It seems nothing can spook markets at the moment.

Two days ago I sold out at 1200 quite happy. Was expecting a pull back. Have made 40% trading this so far. Obviously would have liked to held but can see no justification for +50% in a week, if you are in good luck, but given no-one is yet travelling this could pop in a very ugly way if you are buying now??

Tullow/metro bad luck. Nmc I share your pain!

I think the news will be ok, but no new news. I think it will bounce around the price has moved from 30p to 69p on recent presss so unless there is something new to report. Could go either way, but not by too much.