Member Info for hedged

He means the FCA are unhappy with the discussions and will reject any proposals, and thus, Amigo will go into administration.

I can only see this investment coming from the Asset management (but am wondering why it appeared as Chase rather than AM on the RNS). However, JPM, by law, have to perform due diligence as they are trusted and sophisticated persons in the eyes of the FCA and will have to document their investment thesis.

The question is not whether anyone has done their research and due diligence (because any investment professionals can think of pros and cons of any company) but rather how much have they dug into the details of each investment.

Do you reckon he pumped and dumped to 20p and has just got back in just to pump and dump again.

Not many people taking the camel seriously now.

Valueplay - what are your thoughts on rising interest rates and its impact here?

It's an absolute bloodbath this morning.

What enquiry?

What are others seeing from a technical perspective.

As we near the bottom of the pennant with the RSI nearing 30 this looks prime to buy given the results in 52 days. Are we expecting a breakout of the pennant before results and then re-rating up to 500 thereafter?

The advfn poll sounds biased from known people who have an agenda. If the price drops based on spooked investors, then it provides an opportunity for me to get a lower price.

As far as I can see Amigo is in a far better position than it was 3 months ago. There is not only positively coming from institutions but the claims department scaling down & the potential to relend soon.

I'd be very surprised if this hit £2.50 let alone £2.00. Anything below £2.80 and you have yourself a bargain.

I think the results are in 53 days so there should be a decent rise up to 360 - 390 by then.

Reppyrr - I would advise watching your wealth everyday (and thus the share prices of your investments).

The only time people these silly things is when the price is falling. They never tell you to stop watching your wealth when the share price is rising.

Be wary of other silly comments like "put these in the bottom draw and forget about them for a year".

The pennant suggests the bottom is 288.

This might dip as soon as it gets close so I'm looking for a green hammer on the charts as my signal to buy back in.

No, an RNS is a regulatory requirement. If JPM hold, say 10% of share, then they would have had to disclose at today's RNS.

I'm not sure why ppl believe JPM is trying to fool them with any delayed RNS. This is one of many investments for JPM, they dont care about a few million quid investment.

To be honest, everyone thought they had actual shares before. This just shows a decrease in holdings. It sounds like this explains the fall.

Have they decreased their holdings by 0.58%?

Next support at 1,950.

There has been a few claims over the past few days which have failed to materialise. However, we know there are two institutions in this so there will be a floor to the SP, irrespective of any additional 'big buys'.

Thankfully no online tax mentioned whatsoever. And a good day yesterday.

What will happen today?

Have buyers halted their purchases to get a lower price?