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@dusterinmomg... the opinion of the 1st welsh minister has little or no impact on the global IAG Sp.
IAG is a global brand. I agree the reality of the long term solution is still pretty fragile, and in my opinion we will see loads of drama before it gets better
However this sp is 100% sentiment currently so for every country opening up that will be another few % here and there. When the states trans routes open that will be 5-10% next week EU passport scheme will see a decent rise if it’s good news.
The April 17th roadmap I’m still sat on the fence not sure at this stage. But we may hit the magic £2.50 before then in which case ill cash out anyway
Absolutely i would never hold out for 700% my point however was that it would still hurt.. if you hand on heart can say it wouldn’t hurt it you are a better man than I !
All I can say is every day people are posting about this share dropping and it’s rising. Yes it will go down but please let’s not all ruin the rise, being a worry wart
@ big blue - Tesla rose 700% last year... imagine selling out after a 20% rise that would of hurt. Scottish mortgage did 120% rise.. my point is absolutely what goes up must come down, it’s more about how much Is left in the tank before that point I think £2.50 minimum
Credit to them for the buyback, although I’m afraid looking at the sea of red across the Nasdaq they are putting a plaster over an open fracture.
However it will level out and then the March upwards will commence. However we are still
In tech sell off territory and even though we have seen 3-6month lows on the FAANG stocks and others , that’s against a backdrop of over 100% rise for some of them in less than 12 months. So although 30% feels brutal there is still some way to go before it’s a real correction
I sold out at a 10% drop, which was painful but thank god I did. As currently we are looking at a 35%
Drop on the £14 high.
If it goes back to £8 I’ll consider buying in again, but the femoral bleed of this share shows no sign of stopping.
My thoughts are how this has happened ? I understand the tech mini crash etc, however I am surprised at the impact on this Sp as it’s normally limited risk with a fund due to the spread of risk.
The problem you have is the fund management are
Very clear it’s a minimum 5 year investment model. So factored into that are drops like this. What’s the bottom and how long back to £14 reality is no one knows.
Futures are all down for tech. I think between 0.8% and 1.2%
Sorry mate you’ve got a misunderstanding of how the UT works - it doesn’t effect the opening price or the number of shares outstanding. It is already factored into the days trades. The MM are not holding 7mil worth of shares for the next day. It is an auction to clear what is left outstanding from the day. £7mill is nothing, for the number of trades, look at shell Their UT was £27 million on Friday, Asos was £4 million etc.
Anyhow I will agree to disagree you interpret the UT trade how you see fit
The UT has no impact on the opening price.. as long as you don’t believe in any market manipulation etc.
If you do then yes there is potential, but following LOndon stock exchange guidance - it doesn’t, it’s factored into the closing price and there is no movement after the UT.
Additionally the UT will be higher relevant to the stock and number of trades I.e BP, Rio Tinto etc the most traded stocks
@ big blue.... not a dig but do you understand the market ? You just posted the uncrossing trade UT... that is the trade that covers any outstanding trades through the day buy and sell and is already factored into the closing price
Correction based on what ? Sorry chap, am not sniping but you make a number of sensational statements with nothing to back them up - when pushed you talk about using a ‘sense’. Fair call never ignore your gut, on the off chance if you sense the lottery numbers shout up on this board
The biggest mistake is to fall in love with any share!! Just look at the BooHoo forum on this site it’s a sycophantic love fest for a company that doesn’t give two hoots about its shareholders!!
Whilst I agree about people buying and selling, dipping in and out with no knowledge past the name of the share, that is no different to going on William Hill and playing blackjack.
As with no knowledge you will miss the indicators for a rise or fall. This share is surprisingly clear cut for me back to £1.50 on delays or onwards to £3.00 on openings of the sector and world.
I’m not ramping or deramping I’ve made my investment clear, I believe it will go towards £3, it may not but I’ve accepted that risk. If it goes back to £1.50 then I’ve called it wrong, is what it is.
If we all had a crystal ball and predicted every move
On the market it wouldn’t be investing! All you can hope for is that you get it right more often than you get it wrong.
For what it’s worth I believe all those factors are a possibility, which indeed could return the sp to those levels
However this is currently a weekly impacted share and as it stands opening tomorrow -
Dow Jones and Nasdaq had a stonking close on Friday
Greece and Cyprus allowing tourism announced this weekend
American stimulus package passed
Death and infection continuing to decline in USA
Schools opening tomorrow first sign of lifting of restrictions
I would love a drop so I can top up !!!! Let’s see but I would suggest it’s looking less likely this week
@pmehta,
On that assessment I assume you believe there will be a fall in sp of 25% from it current level due to what ?
Delay of corridors
Delay of air travel
Rise in morbidity
Delay in restrictions opening
Therefore in the absence of any of the above would you acknowledge the sp is unlikely to go to £1.50? And therefore by default you won’t get your £1.50 buy in...
Always best to support a statement I would suggest with some rationale rather than - profit taking at £2 see you back at £1.50...
David it’s fairly simple -
New mutant strain
Delay on opening up
Delay to trans Atlantic corridor
Infection / morbidity increase, marking a delay to lifting of restrictions
All those will push you back to your £1.50 entry point
In their absence £2.50-3 will be where it’s heading. Hedge your bets and buy in small intervals, if it rises yes the profit will be less but if it goes down so will your average which when it does rise will be good for your profit!
@Big blue..
Good luck to you, meant with genuine sentiment. However the true reality of day trading should be known to all especially new investors who see easy money -
75 % of day traders lose more than they make, FCA figures Not mine. To the 25% who get it right well done genuine kudos to you all.
The biggest skill to making money on the stock market is the easiest which requires no skill but it is one Which eludes 99% of people at times me included ....
And what is that golden monkey making attribute ......
One simple thing - PATIENCE
@ Flight D - not aimed at you Old chap, just bored of reading the passive aggressive, scaremongering posts on here amongst some sensible discussion.
As with anything on the market there is risk some seen some unseen. I recently caught a nasty cold with Scottish mortgage and baillie Gifford Us, I was Stuck between holding my nerve and being the last man standing on the deck of the titanic. In the end I cut my losses of which I’m glad I did as currently they would have nearly tripled had I stayed!
My point being none of us call it right every time and the market carries risk. But we accept that risk in pursuit of significant gain V traditional savings routes.
It’s all a bet, an educated one none the less with what data you have at hand to hedge that bet! So when looking at IAG I am hopeful of £2.50, £2.75 at best at which point I’ll cash out. If it goes to 3/4/5 great good luck to all those holding long term.
My strategy is my strategy and is bespoke to each holder, no one has the right to say any is better than the other. My pain emerges when these boards are taken over by day traders or inexperienced folk having a melt down over a 2% rise or fall and then shouting out to anyone that will listen that’s it’s peaked and is down hill all the way !