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I'm pretty confident we'll see an RNS on Monday morning before trading starts so anyone that wants in I'd suggest now is your last call. 35.25 could be the lowest we see today as others board the train this afternoon . I wouldn't want to be out of this when we close today.
Just my opinion.
That isn't how business works one man can't just decide to take a company into administration like that lol. If the company wasn't viable anymore and it did enter administration the administrators are impartial and have to get the most money for the assets/company so he'd go up against others.
Bonzob
The SP isn't dropping its 15% up since Monday and over 200% up since it was announced the founder was looking to take it private. Of course we have daily fluctuations but remember there's lots of new day traders here now and they'll buy and sell all the time.
Is this a gamble? Yes. Could it reap big rewards. Oh yes.
Great week so far currently up 15% since Monday afternoon. Very encouraging that since the story broke on Monday night that Dunkerton was in talks with various companies about a takeover none have commented to deny it. Speaks volumes that they've all been approached by Sky News and they've all declined to comment. If you wasn't working on an offer you'd let people know.
Lol I know how you feel mate sometimes I feel like I'm giving a stock the kiss of death!!!
Good to hear that your other sectors are keeping you afloat hopefully all the travel stocks turn around soon. I honestly think CCL should start climbing again soon.
Welcome back Bot,
Yeah I'm still well and truly on the sidelines here mate it's very frustrating at the moment. The company is breaking records left right and centre but the SP is still falling. It's gotta turn soon for you all.
If you're feeling adventurous you might want to have a punt on Superdry. Takeover talks currently taking place and I'm thinking the offer (if it arrives of course) should be north of £1 a share. Currently 38p as I type. Might be worth taking a look.
Nobody on here has opened a new short position on Superdry this morning if you believe otherwise I've got a bridge to sell you! The de-rampers spouting rubbish here are already caught in their short positions and they're trying to minimise their losses before they cash out. Who would short a stock the morning news drops on every investment platform that multiple companies are working on a takeover deal? Stop it my sides are hurting ha ha ha
Evolve
Yep every day is certainly a school day alright. We all get things wrong I just wanted to try and help you for future trades. When you buy a stock you've had your reasons to buy it and you've made a decision. Just don't let anyone in here then change your mind with their negative talk. They all have a motive.
Since JD announced he wanted to explore taking the company private nothing has changed. Absolutely nothing. All that's happened is that you've listened to people shorting the stock and they've changed your mind. That's what they want. Never mind what's done is done. I'm long and I'm still hoping for a good offer to come in. That seems more likely now after Sky reported JD is in talks with some of the big boys.
Good luck in the future mate.
Dean01
You've got a lot to learn mate.
The de-rampers come on these boards in force trying to influence inexperienced investors like yourself into selling your shares and driving the price down. Evolve has even told you he's playing the share and switching from short to long whenever it suits. Always do your own research and never listen to people trying to de-ramp the stock. If they were genuine and didn't hold the stock do you think they'd waste their time on these boards "helping" everyone???? It's a lesson learned mate.
Ok thanks for answering. I did a bit a few years ago on IG with the FTSE100 and that could be traded 24/7 but wasn't sure about individual stocks.
Regarding you mentioning the £100m of debt. As off 2022 Davidson Kempner was ranked as the 8th largest hedge fund in the world with assets of over $36bn!!!!! £100m is buttons to these guys.
Evolve
Genuine question for you as I don't know. With your CFD can you close your short position 24/7 or do you have to wait until the market is open? Also is the SP fixed now until the open or in CFD land can it fluctuate after hours?