Looking ready to turn soon, cannot see the short vultures dragging this down much lower, market cap on this one now ridiculously cheap and potentially a buy out situation could be lurking in the background.
When the negativity appears from out of nowhere you just know it’s a buy, sit back and relax, watch it unfold and wait patiently for the dust to settle and watch the shorts burn when a buying frenzy kicks in.
RE: Added at 405, so expect a further drop26 May 2023 14:58
Who is selling at these prices apart from the short trade scum, the share price has a habit of turning quickly here, don’t think the manipulation will last much longer.
Liberum Capital, which upgraded its recommendation from ‘hold’ to ‘buy’ and its price target target from 55p to 220p following the Apollo bid news, said the private equity powerhouse’s reported approach ‘brings into light the sum-of-the-parts (SOTP) valuation’ of THG.
‘While there is no certainty a deal will transpire, we highlight just how cheap the shares are,’ said the broker.