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This is a UT trade
An uncrossing trade is where buyers on the bid and sellers on the ask match together in a single trade at the end of an auction period. The uncrossing trade shows up with the trade code “UT” on the London Stock Exchange
I do agree in essence but it has been made a little easier as a lot of the stocks started from historical lows.
To highlight your point I’ve day traded Barc and am up about 58% - I had just left alone and sat on my hands I would be up 105%.
I think the travel market overreacted to one of the main cruise liners tapping the market again (Norwegian cruises)
There is going to be extreme volatility in this pandemic market but it is hard to argue against a higher share price post pandemic when normal times return.
I was guilty of day trading the socks of this share but I think the time is coming to purchase and put away for the long term
I not sure short term what will happen so sold half today at 302 from entry point of 254 - long term only up with good dividends but if dips will most certainly get back in - but having spent years doing this OPEC will announce and the share will hit 335 and I will regret not sitting on my hands.
I am not making any forecast as what will happen to this share but if one had £20K sitting here waiting for it to go boom over the last 2 months one would have missed out on some very profitable trades in a wide range of other shares.
This would have to shoot up to 60p + to make up for lost opportunities.
I’m sure if it does pick up it will be a slow upward trend and it will be possible to jump on without too much damage.
Apologies if people know this anyway but it is worth looking at the educational video on the 3 granite website. Holding these for a long period is fraught with risk.
The result of daily rebalancing (compounded leverage can be very high)
If a shares trends up they are good perhaps returning much more than x3 but in a volatile market like RR you will be very surprised what effect negative rebalancing has even if the share eventually finishes higher. On top of that you have the fees.
After my post yesterday selling out at 297 I could not resist and got back in at 301.
I decided to put this away long term as one of my dividend stocks. I will top up if they test the outer support level.
I’m now in a quandary about what to do with RR as I do not want to repeat yesterday’s fomo feeling.
I sold out today at a 30% profit over 16 days. I may regret it but I have an investment strategy and always stick to it. If there is a sustained break through R1 I will reinvest and hopefully ride it up.
I do miss some of the highs but I rarely get caught holding. I suppose I could be criticised for managing loses rather than concentrating on gains but as you get older you get more risk adverse
Some Covid-19 hit stocks are burning through £Billions but still being supported.
Lloyd’s have made £1.2 billion and resumed divi payment - not exactly the end of the world.
That IG story was on its website midway on the 22nd so not exactly hot of the press.
Gaps can be useful but not every gap needs to be filled.
The crux is understanding what has caused it . The advent of commission free trading and the boom in RI’s and collective investment has reduced the significance of these gaps.
At present when the markets are driven more buy sentiment, emotion and 24 hour news feeds investing at present is much more like gambling than strategic and technical analysis (sadly)
IMO.
I think as a long term hold this share is very good value. Apart from the volatility for day trading I’ve today at 264 purchased a tranche for my 15 year retirement fund. The compounded dividends over 15 years makes an incredible difference to the value and the growth potential is also quite good.
No such thing as a sure bet but in my opinion one not to be up at night worrying about.
I think this share will recover but it will take much longer than some anticipate. Without a large international presence and corporate bank to help with profits this will be a long slog linked to the British economy.
I would consider these long term when the Covid-19 debt problem and bankruptcies are washed out of the system but at present I think they are day trade status.
Just be mindful there is no such thing as a free trade. You are paying for it on the spread offer. If you are buying small and often not too much of a problem but some have been fined for front running
The long term view for this share is obviously up , but by the very nature of the business and how the pandemic affects sentiment there are always going to be volatility around the news feeds.
A slight worry I have in the short term is the world vaccination role out - it’s good that the U.K. is progressing but if it does not stop one from passing it on where does one travel to?
Be careful with theses. Sorry if I’m teaching you to suck eggs but they are designed for day trades and the fees are very high. Take a look at their ‘ what you could get back chart under different share movement scenarios. Not what you would expect
Possibly not.
In 2009 it was subject to the country's biggest ever cash-call with 36.5 billion new shares issued. The only way is if they embarked on a long term aggressive buy back scheme but that would be to the detriment of dividends and investment
Even with professional analysts the picture is murky.
Averaging out 20 companies forecasts they have RR at
High - 157
Med - 95
Low - 42
This is identical to the FT figures assume from same source
I think this share is a good example of what I call duel opportunity.
I have put a tranche away in my long term investment portfolio but also have (had) a number in my short term day account as the volatility makes this type of trading quite profitable.
I’m out in my day account for now but it’s anyone’s guess where this share is heading short term.
I would add I’ve been doing this quite a while and if it was as simple as filling gaps and studying charts we would all be billionaires
I think it’s very difficult to work out how this share is going to perform apart from saying it will be up and down.
Forget the fundamentals it’s being driven by sentiment and virus news that is out of its control- considering the Terp this share is holding up quite well. If I were holding I would be a little apprehensive about how the world vaccine role out is going and governments pushing back opening up restriction dates.
I’m of the view that it may drop further before a sustained and meaningful recovery.
I think this will be a swing traders share for at least another 6 months but obviously this is just my opinion.