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This is long term for me I am not a day trader.Been in for Months.
I am with interactive investor couldn't get a quote to buy at 2.0
I don't think Rubbish investor was deramping he was merely looking for your thoughts on his comment.Anything said on these boards will not influence a share price.
BT are in no worse a position than they were a year ago when the SP was hovering around the £2 Mark.They have a cost cutting plan regarding their employees and limiting the number of working places.Three buildings only in Scotland will house the employees.The time was specified as 3-5 years.Again with this dinosaur board nothing gets done with any speed in mind.Roll on the takeover.
BT has been dogged for years with boards that have been indecisive and slow thinking.I think it's time for a takeover and a replacement board.
Below from this is money.
There is nothing new about BT foot-dragging. Two decades ago, when Netflix was still posting out videos and CDs, UK start-up Video Networks, a Stevenage company that had done deals with Hollywood to deliver up to 5,000 movies, developed technology which could use BT copper wires and offered the telecoms firm a 50 per cent stake.
After initially providing encouragement, BT backed out of the deal. Using similar technology, Netflix has grown into a movie and production giant worth £168bn and become a must-have in lockdown. BT is beset with indecision.
Vodaphone up BT Down today.Looking at the share on a daily basis is a waste of time if your not trying to make a quick buck on the fluctuations.If you have taken it on as an investment shut yourself away from looking.What will happen will happen.It is fundamentally a good company.They are cost cutting currently and I would say preparing for a takeover at some point.The SP is falling due to manipulated covid Panic and MM's manipulation.
This would allow cruiseships, cinemas, stadiums, bars, and of course airlines to function much closer to normal capacity.
Testing is flawed.Theres no way in the that all the above would be allowed to happen. Distancing would still be the Norm.If a quick test did not correctly identify a positive carrier then the chances are high of pass8ng on the infection if these places were nearly full to capacity.
The Covid restrictions are goimg to get worse not better.I dont know how South this is going to go.I am not full of Optimism or confidence given the current climate.
Same old story ends back at the SP at the start of the day no matter how many shares have been bought and sold.I am not sure if you can manipulate the Nasdaq as it's Automated.But the Aim is a Casino.
Realistically this is heading to the lower 30's u til there's some clarity on the lockdowns and what's going to be affected.
Market down today on lockdown fears.No reason for The SP to fall as BT are not affe ted d by any lockdown extensions.The Casino that is the FTSE continues.