We would love to hear your thoughts about our site and services, please take our survey here.
Yep their mates in the mm dept two floors down are holding the price and spiking down to let them out.
Bond has been knocking the stock for months, but has no reasoned arguments except to shout debt and that particular stick keeps shrinking.
Copy that from the IC. Might be helpful if you actually told us who your quoting and what you view is.
For shorters I see. AIMHO. K
Considering the world and his dog are getting a kicking in the main markets we ain't doing too bad.
When have we ever seen a broker target that wasn't motivated by self serving profit in one form or another, IMHO. K
Even if we only average a 1% per day we'll hit the first of 2 golden crosses as the 20 day crosses the 50 day, that will be a strong trigger for technical buyers. Another month and the 20 will cross the 100 day. Each cross will trigger more buyers. The shorters know this and will try and exit before the first cross at 27.5. Smell the burn baby. Lol. K
Have this as a longer term recovery share, I'm looking at 35 to 40 p by the end of June start of July. But I'm thinking this could be good for a quid in a year. It's the ability to continually raise revenues and pay debt down, some of which is not due till 2020.
See bond is back bashing. Must be a concentrated effort to hold the price while the shorters get out. K
Oh dear will the price not drop, poor shorters. ??
This is still within the pennant structure I mentioned a few days ago. I don't expect to breakout, upwards until next week, Mon/Tues at the earliest. If we finish at around 25.5 then it is still very bullish and still shows strong upwards momentum. My tea leaves suggest that we'll hit 40 + about June. But it's all down to what you believe in. I believe AA is able to service its debt and grow it's revenues because of a changed mindset of the public. IMHO. P.S. Anybody want to buy a caravan? K.
For those of you who like me like candle charting, tea leaves swirling in aditated counterclockwise suggests nice break upwards Mon. K
Thing about debt is every body has it, but AA has the income to service it. Many banks are releasing results that show they are 30% below target profits and have are setting aside 1.6 billion for bad loans whereas AA is a good loan. So I'll stick with the AA and wait for a much better entry point to MTO like about 37p. Then I'll trade it cause the fun ain't finished yet. All IMHO. K