Member Info for Just_My_Opinions

M1k3y, Profits increasing, debt reducing, SP well below NAV, 44% discount to future cash flow.... I wouldn't worry to much about mars bars mate. Lets see what the financial statement says on the 28/10. The trades are on Hargreaves Lansdown... scroll down to recent trades and click on "trades by volume". The key thing here is the majority of bigger trades are buys. So the big money is confident in the current SP being good value, otherwise they would just sit on the sidelines until it got cheaper. Bearish spinning top on the daily indicating indecision with buyers/sellers. The stock appears to be trying to find a floor at least in the short term. But fundamentally I think IAG is undervalued, so I will hold this and collect the Dividend whilst I wait if necessary. http://www.hl.co.uk/shares/shares-search-results/i/international-consolidated-airlines-cdi

The last few days I've seen a £26 Million buy, two £11.4 Million buys and various other multi million buys. Only seen one £1 point something million sell. The ii's clearly think this is cheap. Doesn't mean it won't continue to downtrend for a while, I have the NAV at 498p, but discount to future cash flow is over 40%... it's increasing profits and paying a reasonable dividend. Happy to sit on this one until the market catches on that it's going cheap.

thought of you long suffering shareholders http://news.sky.com/story/us-and-russia-announce-syria-peace-plan-10571819

In fact nope... I've cut the trades.... took a small hit. Trying to convince myself to hold.... two days in a row £2 Million+ sells going through and RNS's showing the institutional investors are reducing. If they're reducing at these levels something might not be right. I'm out.

The majority of the market isn't doing much of anything. People have mixed emotions... some are fearful and some are reluctant to sell. Due to this the volume has dropped. When the volume drops the shorters can easiy manipulate the share price of companies on lower than usual volume. Looking at the trades by volume on the trades is on the hargreaves lansdown website there are too many sells/buys at the same number of shares to closely grouped together. I'd say a shorter is manipulating the price trying to take stop losses out so he can buy the shares back cheaper. Technical analysis wise... 10sma is still above the 20sma on 1 hour and 2 hour chart, so the faster moving average is above the slower moving average. Which often time to buy. But the MACD and Stoch RSI looking down at the moment. This is a very cheap stock in my opinion, therefore I will continue to hold.

10sma crossed the 20sma on the 2 hourly to the upside after a fair down trend,

In fact no it's not showing as a sell. It's showing as a buy on here, just the HL website that's wrong. Phoned them as it was bugging me, apparently the buy went through lower than the mid price so a glitch in their software made it register as a sell instead of a buy.

Market Makers are trying to manipulate the SP for their own gain. They just registered one of my buys as a sell. I bought 22,014 shares 237.4p for about £52k, they've put it down as a sell haha.

10sma crossed the 20sma to the upside on the hourly chart. Looks like the buyers are coming back for the next leg up.

News wise we should be. Technical analysis wise the charts are "not yet" inspiring me with confidence. I will watchin how the SP moves along with the techs.... and see.

10sma has crossed the 20sma to the downside on the 45 minute and 1 hour chart... so I was right yesterday when I said I would have taken profits if I was still long. I would rather join a confirmed rally than catch a falling knife. So I need to see how the SP and the Technicals work out after the BOE's decision.

Trying to find support but still well below the daily 2 minute 200 sma, 10sma still below the 20sma on the half hourly chart. 45 minute and hourly chart the 10sma still hasn't crossed the 20sma to the downside yet though. And the StochRSI is in oversold territory 30 minute to 60 minute. Right now it could go either way. Probably the BOE's decisions tomorrow will determine it's main direction.

Will check HOC out later mater. Thank you

Layer, Borgy, Spinning top at the peak of a current uptrend followed by a bearish candle indicates both traders are becoming dis interested in the stock and are taking profits. If I was long and hadn't already exited I would be doing so now. However this does not mean the uptrend won't continue... just that I am over cautious and take profits small and regularly. Trading below it's 2 minute daily 200 sma by quite a bit after dropping below it yesterday afternoon. 10sma has crossed the 20sma to the downside on the 30 minute chart, albeit the 30 minute is not completely reliable for the beginning or the end of an uptrend with VM. 30 minute MACD looks like strong for down. I will be watching to see if the 10sma crosses the 20sma to the downside on the 45 minute and hourly chart. If that happens I will wait on it dropping further and finding it's floor again. If this doesn't happen and the 30 minute becomes positive again the uptrend could continue. But looks like those who went long were targeting 250p this time. I would be taking profits if I was long now, purely down to my trading style. Doesn't mean I will be right. Now all dependent on what the BOE says tomorrow and how the market perceives this against Virgin Money stocks. It's margins on mortgages will get squeezed as will any other banks, so I would expect that to have a negative effect on the share price. However there is always the chance that the BOE will unexpectedly announce more QE and increase above the £375 Billion... I doubt they will play their cards so early though, they will probably leave that until there is actual tangible issues with growth in the economy first... i.e GDP is dropping. So I doubt tomorrow is going to be seen as a good thing for the banks, unless it starts rumors of other banks launching stimulus. 3rd biggest economy in the world Japan's new PM said he will increase stimulus... so it maybe starting. Lets see...

Sorry, on the first uptrend after the sell of after the referendum I mean.

Borgy, I did... tipped it at the beginning of the confirmed uptrend... made a decent profit was long LGEN and VM at the same time. Made just under £5k in two days. Then day traded GENL for another £500 ish. I made about £8k on VM. on the first uptrend prior to the referendum bought 215, sold 253. No point in kicking myself for not holding longer, just started cooking other fish haha

continued ---> From what it normally does and actually help to raise the share prices of UK banks. I will be reading a lot more into this and will post back with my thoughts.

They're not saying they're in profit. They're just saying what the percentage change was. If you look over at the "buy" recommendation on the right hand side there is neither a tick nor a cross next to it. So they haven't yet acknowledged whether or not they are right yet. They use candlestick technical analysis which isn't 100% accurate, but certainly more accurate over many trades than just blindly picking entry points. At the moment there's a "Bullish (Belt-Hold) candlestick" on the daily chart. When found at the bottom of a downtrend this often signals a trend reversal. I.e this "could" not "is" but "could" and is "more likely" to signal the start of an uptrend. Prior to this on the 7th a Spinning top Candlestick signified that neither the Bulls or the Bears were in charge. A basing pattern formed showing indecision between the bulls and the bears. So we went from indecision to more bullish... But this "does not" in itself mean that 100% an uptrend is confirmed. The next daily candlestick will confirm the uptrend if it's Bullish. I have however taken a chance and opened some longs on the basis of the 10sma crossing the 20sma on the half hourly, which "also" often signifies the start of an uptrend. Virgin Money can move fast when it moves into an uptrend, so I entered a little earlier. However on the 4 hour chart shows the bears are still fighting a bit against the bulls, so we might still see some volatility before the next uptrend really takes hold. The rise we saw when it last hit 196p is not on as strong a conviction this time, but the technicals are still favourable... we just might see the rise happen over a long period of time this time as people start to gain trust in buying Virgin Money again. Last swing trade I made resulted in about 16 - 17% gain in 5 trading sessions. I think it might take double the time this time. "ASSUMING" the technicals continue the way they are. But lets face it, with a market cap under £1 Billion at the moment for a "very strong" challenger bank with absolutely "ZERO" exposure to commercial property, none, nada, zilch... this has been oversold. Very strong growth in it's credit card business, number one recommended "residential" mortgage provider from mortgage brokers. HOWEVER... I'm currently trying to work out whether or not this Thursday's highly expected rate reduction will be seen as a good or bad thing for UK banks. On one hand.... it could be argued that a rate reduction could lower the margins of UK banks and hence lower earnings. On the other hand a rate reduction could increase the demand for property as more people are able to afford the mortgage payments each month. This could actually cause residential property prices to rise (over the medium term) and hence increase the loan values on the books of the UK banks. UK bank stocks have been slaugh

Long at 212.9 to 215 ish

The 10sma crossed the 20sma on MKS yesterday at 298p on the half hourly. This is a good signal after a downtrend. I would have bought if I were not frying other fish. I'm long LGEN and Virgin Money at the moment.