Member Info for JG68

Are the yanks going to drive us up or down today!

Several 2300 sells at 29 which is probably shorts trying to keep the price down. They're so predictable and tedious now.

I get that but then why WG down 1.5 and this nearly 5%

Really hope we manage to close above 28.
What a typical s--t Thursday.

This is just pathetic really, hits 111 yesterday, down 4% today.
I just hope his forward looking statements are fairly accurate.

Citigroup cut cpi from buy to neutral with target price 29.
Bit late for that aren't they.

Golman Sachs sees risks from slowing economic growth,
inflation, and declining consumer spending and e-commerce
building up for European technology firms into 2023

** While GS has not yet seen large-scale warnings in its
coverage, it sees risks around lengthening software sales
cycles, pausing discretionary projects, and slowdowns in more
cyclical end-markets

** "Some larger-cap companies in our industry coverage are
already preparing to manage and flex costs into H2 2022 to
protect margins, and in IT Services we have observed a slowing
of hiring," the broker says

** However, it says well-positioned companies can benefit
from digitalisation trends that should allow them to offset the
macro issues to some extent and increase market share

** Those with strong balance sheets should also be able to
benefit through strategic M&A, it adds

** Consumer spending and e-commerce slowdown poses the main
risk for payment and financial tech, though it's offset by
inflation tailwinds and structural factors such as the shift
away from cash, the broker says

** In IT services, groups with a higher digital mix and
offshore leverage should be more resilient, GS says

** It cuts French tech company OVHcloud OVH.PA and British
software group Micro Focus MCRO.L to "sell" from "neutral" and
Danish IT firm SimCorp SIM.CO to "neutral" from "buy"

Same pattern as yesterday, lots of small sells to drive the price down

A lot of 29 sell orders for small traders to make a few grand going through, without then this will have hit 30 already imo

Yeah and doesn't even seem UK investors want the dividend either!

Thanks CHaigh1, bit lazy of me to ask that!

Anyone know which day the big announcements usually happen at Farnborough, or is it as and when ?

Dropping on no volume, strange.

Thanks for that Mark, I didn't quite get it but I understand now. I could never quite get why they would show as a buy or a sell because in reality they are both.
But I get it now , thanks to your second post.

Yeah I noticed that p******* has shown up as usual just before results.

These US tech stocks are still so overvalued that poor results for a couple of them could result in a massive correction. Take Netflix, they forecast to lose 2 million subscribers when they last reported and it tanked over 20 % that day and brought the whole nasdaq down with it, so I'm half expecting this to be dragged down in sympathy with any tech sell off.
Which is why possibly they have decided to report next week, if they do.

That's a rather large nasty UT sell today.

All the tech report next week in the US starting with Netflix on Tuesday, remember what happened last time, markets absolutely tanked , nasdaq and ftse 250, so even with an upbeat update, could well be nullified by the US tech companies reporting reduced profit forecasts etc

Here we go again.

I'm all in and beginning to be concerned now, can't even rise today in an up market. Even WG is over 3% up today.
I just Hope the CEOs statement is accurate and not just kicking the can down the road