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What was the jump all about...?
Evrytime is already priced in, from £27 a share to £16 a share. Around then 40% lower - so is the profits, they have enough cash reserves so good time to buy more
Greggs is no Aston martin, this business won't need to even consider rights issue.. as previously mentioned RELAX
Yeah, same feeling, it's been stopping me out several times with its own mind
I meant for s&p (2000—2200)
I think the bottem is around 2000-2200ish.
Go for hunting plc, easy 50% + gain within 12 months
Soliman brothers had similar serious alegations in the 1990s, it was bailed out and went down 10 years later in 2008. It had ALOT of debt and America thought it was to big to go down, likewise I think NMC is too big to go to down just yet for the middle east... It needs a total new restructuring. Gulf people have certain habits that will never leave them, whether its Man City or NMC there always have to be exaggeration of assets and net worth
Just Lane the rest of the money in the company - you free to consider it a long term investment now and a learn learnt, to make back your £1500 (approx) in a short space of time and in another company takes alot of effort, research, mental stability and luck, which isn't worth the trouble for a new intestor. And to make the kind of ferry back in short space is again taking huge risks like another nmc situation - not worth the stress . Keep investing in other new companies with your new cash in STEADY GROWTH companies. Which will eventually overshadow the big loss and IF NMC even recover to 12-15 you recovered a lot.
Take out half your holdings, and keep in cash or another stock, if it does drop all the way to 6-7 on bad news you can decide to re-enter again or take the smaller loss
Muddy waters running out of ammo. Needs to start showing proofs
Do you also doubt man City being a premier league team next season???
https://www.youtube.com/watch?v=oASn7JY6FK8
this guy said in March 2019 that Tesla would be bankrupt...... he was wrong...and looked confused in this video when asked questions, hes not some holy grail on short selling. sounds like an american that needs to learn different cultures and languages if hes going around the world shorting companies where he doesn't even understand the local culture. whether its Chinese or Arab companies if someone is gonna make these huge claims he better know the culture of business on a local level. all i know is that in UAE there is some things that seem to be normal or no big deal or a company to conduct itself. whereas in FTSE100 regulations its a criminal offense. thats all thats happened here. even if some of the allegations were true there is NO way a company can pump up its assets so much by 3 or 4 times. there if after the results and freeh report NMC is anywhere around 13-18 a share then they come out the winners. down with carson block... probably lost millions on the tesla short lol
Lord Clan Williamson will get his money back lol. ??I dont think he's that dumb
100% correct,
If MW is saying NMC was overvalued ext at £23 per share then fine, let's accept that, let's exaggerate and say MW was correct and the real value is closer to £15 a share, that means the evaluation was 60% overvalued , but to go down to £8 a share that's saying the value of the company was 200% overvalued!!! That's too way off, my prediction it will recover to around £13- £15 initially, then anything more is a nice bonus
Think your right, it's the shorters getting thier last dumping batch, no news what so ever... Yet
It's low risk to enter now, the support around 585 is being tested, there is no upcoming announcements or interim results bring released anytime soon before Christmas so until then the movement is mostly technically driven not fundamentally. Hold it buy for now