Member Info for Horult

Yup I just bought in. Only modest £1k as other funds tied up elsewhere. Have held currys shares on and off for last 25 years. Is fairly common to see a dip in December as newspapers report about bad sales and bad Christmas etc. Generally pop backup towards end of Jan when they all start reporting "oh its not as bad as we thought it was going to be". Added issues with covid of course but I am personally optimistic for a fairly quick modest return.

I don't think Black Friday has been as large for currys as last few years - but not a disaster, just that it has been growing year on year, I'd say it was probably flat or slightly down compared to last year ( anecdotal evidence ). However this would be offset with all the buying throughout the year with additional people needing equipment for working from home. So people buying as they needed it rather than hanging on waiting for a sale.

awesomesauce, shaping up for a great 2022.

cheers. Guess I'm just a bit too eager!

Just wondering if anybody has received their Ricca shares and had the opportunity to partake in the rights issue for Ricca as per the demerger?

Trading 212 has been silent so far was interested to see how others were getting on.

spiking on no news, leaky leaky? afternoon rns incoming?

It could just as likely be traders using platforms like trading 212. Trades on aim market can sit for hours and even days on 212. Smaller trades are perceived to be fulfilled faster- and there are no trading costs.

Cheers @swazers, I appreciate that. We cant all be right all the time. Charts are open to interpretation and we can see things different - but I think your more medium term interpretation was spot on.

I stated last week that I was watching short term movement and suggested it would get to 4.5p before a bounce. The short term downtrend does indeed look to be over. Up signal yesterday and some upward movement today. Bullish option would be to buy now, a more cautious approach would be to confirm the turn on tomorrows movement.

'If' the overall upward trend continues I would be expecting it to top out around 3rd sept and around the 7p mark. Before the next downturn on the cycle. I could be wrong of course but that's how I see it, DYOR. Of course things can and do change so need to watch carefully to not get caught out. I personally have changed from watching to buying and have bought 106,000 today at 4.65p

Long term is locked away happily in an ISA this is short term talk only.
Good luck all.

For short term investment I suggested it was likely to struggle to get beyond 6p and it only did so on short spike. Couple of days ago I further suggested short term caution and that it may drift back down. I think there is likely further to drop yet, I suspect to around 4.5p.

I am watching, not buying.

Not disagreeing with you Swazers, if the trend channel continues we could well hit 7p by mid October. I think I am sometimes talking days whereas you are talking weeks. So we may not always be in the same football ground but we are playing in the same County.

@Swazers I know it will be fairly easy just a bit of hassle. Signing up for another app as I don't use twitter of any of the photo sharing apps currently. I'll see how I feel tomorrow if I have some free time. Chilling tonight after hard week at work. Problem with working with computers all day every day - it's hard to be bothered to work with them again on your days off!

@Gentleman1 Nope not drunk, not yet anyway about to go grab a pizza and wine give me an hour! Of course I want to buy cheaper don't we all? What a silly thing to say or are you one of these ultra rare people that want to buy in at a higher price?

I am honoured you tracked down my post considering I was on your ignore list! To use your own words against you, I'll post what I want when I want ;-)

In all seriousness though if this board was capable of me uploading a simple screenshot of my trading app and posting it I would. Quite frankly I can not be bothered messing around with other apps to create links to then finally link it here. Everybody here will already have access to charts through their trading platforms, so should be able to see what I meant.

I thought that last post was pretty emotionless. No ramping or deramping involved. I was advising caution for short term as to me the price could go either way next week. If I was to introduce emotions I would be shouting buy buy buy as I want it to go up for my long term holdings.

I personally would suggest caution to short term investors. The upward trend which started around 25th august and rising on speculation has ended. There was a bear signal on 5th sept, with large volume of trades indicating the upward trend was coming to an end. It dropped afterwards and has then remained in horizontal movement - which has broken through the upward trend line. There is now another bear signal on 9th sept. Without further news/speculation it could well start to drift back down.

On flip side there is a lot of buzz around hydrogen and cop 26 and a lot of positive sentiment around the boards, so it could also start on another upward trend after these days of horizontal resting, between the resistance lines at 5.3 and 5.6

Long term investor, who cares, anything below 10p to me is a great buying price. Wake me up on the next RNS.

Short term, don't get excited by the ramping, watch what the market actually does rather than what you think it will do before buying. I personally am watching, not buying.

Cheers for the kind words Dave, been away a few days so didn't spot them.

I love swazers quote "You don't attract followers by attacking the competition. You attract followers by offering value & being honest" - when he attacks every single person who does not agree 100% with him lol. He should take some of his own advice!

as for his other comment, who is markrop? I'm certainly not him. So not only is swazers paranoid he is delusional too!

good luck dave

It can depend on your perspective and goals. Selling may have been a perfect time for them and hit their objectives, so for them it is not selling at the wrong time. They may have also needed the money for another investment which they feel is better for them and sometimes selling at a loss is required to reinvest elsewhere.. Of course we all get it wrong sometimes, otherwise we would all be millionaires!

I myself have done exactly what I said I was going to. I have sold 266000 shares at 5.8p today. This may look odd from a long term perspective - but my objective was a relatively short investment -bought in at 3.8p on the 2nd august ( a bit bullish before the bounce ) - so I have made a nice £5k in just over a month. I hit my target and suspecting the 6p resistance may be too strong to break at this time. If I'm wrong and it breaks the 6p this week - hay ho not to bothered, that's the way it goes. I am very happy with my 5k - and that ( for me ) is better than the risk of it dropping back down.

However like I said, that is my shorter term investment. My long term investment is 290000 shares which I bought at 2.5p that is safely in an ISA and I have no intention of selling them any time soon.

Good luck all

Several people called the bounce, including myself we just don't shout about it as much, to try and get more twitter followers. Like I said I hate the term 'soon' as that gives him 6 month timescale for his predictions to come good. If he hits 10p next week he will shout he was right as he said it was 'soon' If it hits 10p anytime by February he will still shout that he was right as that is also 'soon'.

He stated the downtrend would end 'soon' turned out he was right. Where I stated I thought it would drop down to around 3p before it would bounce back - and there we go I was right too. Though I gave a prediction of 3-4 weeks it turned out to be quicker than that.

Anyway I am off for the weekend and don't post much anyway. As Swazers pointed out I had only done 3 posts - so really is there any point at all in filtering me? lol. He just does not like anybody who does not agree 100% with him. His ego can not handle it.

Good luck all!

de-ramping rubbish. lol that's rich. Swazers clearly shouting loud and ramping. Trying to get his followers to buy in to make him a profit. Stating his charts can predict the future which is factually impossible.

I have clearly stated that I believe it will get to 10p. How is that de-ramping? I just think it will be a slower timeframe than he is spouting. I have clearly stated it will get to 6p in medium term and have clearly shown my investments. how is that de-ramping?

I was not offensive or personal or trolling, yet he puts me on ignore just because I do not agree with his timescales?

Wow investors beware of following this fool and his charts. Even a broken clock is right twice a day, though they do not brag about it on the forums.

bouncing back a bit from the 5.3 resistance point, may struggle to break that one by end of play today. Need another friday fomo push ;)

not factually accurate, all charts map the past, just saying. You can then hope that the trends continue but you can not actually predict that. Some big investors could have just hit their target and about to sell 100million shares, tanking the price. A chart would not be able to predict that.

I don't talk often but doesn't mean I don't have a lot to say ;) I work 12 hour shifts + travelling on top. So leave house at 5.50am and get home 19.20. So I tend to read a lot of the forums but not write much. Off today though but going away for weekend later so there still wont be a lot of posting from me!

No alternative agendas, no alternative accounts, I'm totally transparent. I was just trying to put a polite counter to 10p in case some new investors get overexcited and potentially mess up and invest funds they can't afford to be tied up. It WILL get to 10p but I don't think it will be as quick as your post was suggesting. Nothing personal but I don't like 'soon' as its very arbitrary. I'd rather people said 2-3 weeks or 2-3 month, or within 6 month for example as 'soon' can mean any of those. Somebody could read it and invest expecting a quick return but if you meant 6 month they may not invest as much, if you see what I mean?

Flying today though already through that 5.1 barrier and close to 5.3 barrier