Member Info for Garydav2

Spot on. 460s just hit 🎯

Agreed I mean the charts posted the other week we're way out. This is oversold but it's all sentiment driven atm

Wonder if these will be sold for a £1. Not share price , I mean £1 🤔

Cara Houlton

Ocado has been named the fastest growing supermarket as consumers continue to shop around for their weekly groceries.

According to the latest data from NIQ, sales at the online-only supermarket were up 12.2% over the 12 weeks to February 24.

M&S was the second fastest growing retailer of the period with sales up 11.9%, while sales momentum at discounters Lidl (+10.4%) and Aldi (+6%) continues to slow.

Across the full-line grocers, Sainsbury’s and Tesco both experienced an increase in market share, while Morrisons and Asda saw slower growth.

NIQ UK head of retailer and business insight Mike Watkins said: “The resilience of online grocery shopping during the highest period of inflation in decades, when household penetration fell a little, is due to the changed lifestyles of consumers.”

One in four households continue to shop online every four weeks, which he said, “suggests that omnichannel shopping in food retail is here to stay.”

Bit more steady here today

Infor, sensible post. I agree and that's why I invested. Timing is always difficult and this looks a very volatile stock to say the least. GLA

Up she goes....

I hope those on the sidelines took advantage of this capitulation today. Unfortunately I had no spare funds

Sorry mate misread it

I'm a holder mate. Read back thro posts

Retireguy- Weird all posts negative on Ocado. 20 posts all time and last one in October 2023.

Hmmm.........

WTF is going on here ??

Not what I was expecting after buying 2 tranches in the 490s on Friday so much for my hunch and TA lol. Fortunately sold on the results at 5.24 with 1st trade so only slightly down here. Looking at the chart we have fallen through the bottom Bollinger band and the RSI is low. Hopefully the 450s holds as we need to find a base. GLA

AHH thankyou. So if every investor does this then price will drop. Hmmm smart move 😂

Does he know something 🤔. I mean all the rampers on here think this is being sold for £1 plus. Why sell.......

Nice trade for 1st Seagull banked a lovely profit ......

Bernstein cuts Ocado price target to 1,000 (1,150) pence - 'outperform'

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Barclays cuts Ocado price target to 400 (430) pence - 'underweight'

So I bought in previously at 4.94 and sold yesterday early at 5.24.

Surprised to see it back under 5 so just gone in again. GLA

11% down.

We did try and give the other side of the argument.....

That's exactly what it is I'm afraid. This isn't an investment stock. Purely a gamble. May as well save your money for Cheltenham

Good call Evolve you must be sitting pretty this morning