Member Info for E_AL

"Looking at level 2 the pressure seems down ward."

How can you view L2 if you you are not a premium member ?

L2 quiet at the moment & panic selling seems to be over.

How would I know ha .. it bounced back up from 7.7 - 10% up from today's lowest point.

Anyway, you might find these stats useful :

Pivot Point 1st Support Point 7.27p
Previous Close 9.87p
Price Crosses 40 Day Moving Average 10.17p
Pivot Point 11.13p
Pivot Point 1st Resistance Point 13.74p

Just to let you know, I am here for trading only.

Looks like bounce time : )

I guess no one can win with you haha

Unborrowable in shares is a good thing which means no one can borrow to short.

Well, this applies to all the companies trading on LSE ; )

IG UK - 6th Aug 2019 :

* 76% of client accounts are long on this market.

** Special info : [Unborrowable - 6th of Aug 2019].

https://www.ig.com/uk/shares/markets-shares/thomas-cook-group-TCG-UK

No, nice buying pressure so far on the L2

Bouncing back up again, nice support on the L2 !

Nice buying pressure building here, we only had 2 sells since the 1.55 drop, 2 hours ago.

Charlie, I inboxed you last week but I’m not quite sure if you’ve received my message : )

I really suspect some heavy shorting going on here because quite large volumes were offloaded to the market for no reason other than to put continuouse pressure on the BID. The sp drop didn’t make sense to me, the company’s performance is outstanding and frankly speaking I’m a fan of G Brandon and admire all the effort he put to bring the company to were we are now ....

"Unfortunately it would have to be a hell of a spike for most of us to get out without a significant loss. I can't see that happening this year. Less than 1.5 p and some are still selling down, what does that tell you?"

gkb47, some PIs still selling because after Brockham's RNS (end of June) the sp dropped to 1.43p, 5 weeks after the sp still around the same price so they've given up on what you described as "a hell of a spike for most of us to get out without a significant loss" and chosen to move on and try to get their losses back somewhere else.......

Those sold shares were picked by shorters to cover (the ones who sold tens of millions of shares since the placing) , some LTHs who averaged down to reduce their averages,value traders like will1734 after guaranteed 10-20% profit and of course new investors like our friend betterupthandown who realised that the current share price is ridiculously cheap/undervalued and there is a good chance to double or triple his investment from this level (he already made 80% profit when the sp hit 2p a couple of weeks ago).

imo the sp hit the rock bottom for whoever wants to buy decent volume and it will go up from here. I am almost certain that it wont go sub 1p like many derampers fancy; Obviously it wont go double figures anytime in the short/mid term so unless the remained LTHs average down to 3,4,5p they wont get the chance to break even or with minimum loss anytime soon.

After hours institutional 18M sell :

16:35:22 202.90 9,050,316 18m UT

Maybe the sp drop was due to an institutional investor selling after the profit warning ?

1m on the BID @ 7.5 ! Seems to me the new guy is working his way to 10%

True Pointscorer!
Nice support on the L2, I think sp will be above 8p before lunch time.

gmed, I don't think investing £20K at the rock bottom would jeopardise the wealth of the 8th Earl of Lucan !!

"he needs - not just - day traders, but actual LTH's!!!!!! to sustain this company to achieving its longer term goals.."

YL, again he doesnt 'need' that really, Lucan already shared with us in RNSs & CC his 2019/2020 plan & what we should expect from the company in the short/mid term. The company has enough cash to cover its operations and expenses and GL knows that the market will rerate the sp once work starts in any of Angus's sites so what you are asking him to do is to walk the extra mile, more of moral obligation towards LTHs underwater ..

"Large late reported sells going through - I'd say sub 7p is coming in the next week or so. "

Geng, since these late reported sells took place, almost all the trades afterwards were buys at 9.5 or above. SP atm is under all sp moving average rates so I think it will bounce back up by the weekend and settles somewhere between 10-11p