What I was alluding too with the post. When shares drop like this directors are usually first to pile in as they want to offer confidence to the market/shareholders and see “value”, even if they don’t see value sometimes! Not a penny here.
Now if something is happening does someone subtlety tip off the market/press or do they keep it all hush hush as to what is going on. Just like just eat with the second bidder.
Three trading days after results and still no director buys no board members execs or non execs, not even the new interim chair, not even a small token purchase. Something material to the share price stopping...
As i said last week don't be fooled by trades going through on the sell price. I placed a buy order earlier at the sell price and it went through obviously shown as a sell. Wasn't a large trade just profit from EUA. Increased my average here slightly.
There is loads of opportunity. I am big on my online retailers boohoo and asos. Will wait for dip in boohoo to buy in before results. I just don't like posters scare mongering ok if you are short and admit it. There are a lot of inexperienced traders chasing a quick buck and loads fail so some weak do panic reading the world is going to end type posts. Let's just see where this goes with metro - I think at current price and no scary results (ok not great like some had you to believe they were amazing) it is undervalued very much still - getting a uk banking license is a rarity and having 1.8 active customers and growing is good. I know it should be said never to buy a business on the back of a possible takeover but this is screaming takeover imo. All the best
Lol "you make a lot of assumptions" Yes you do as i am not on a loss......What is your position then? You did state friday how bad you were at trading. Every time you have posted here negatively or brought over discussions which are dated the share price has risen....
Exactly, see what happens this afternoon. short tracker be interesting it keeps getting traded sideways but any volume way over. If no director buys by the end of the day i would be leaning very much towards the fact discussions are going on behind the scenes.