It's irritating. When I started trading 25 years ago, those comments were everywhere and possibly at the time they were correct. Now nearly everything its SETS traded unless you are talking about microcap shares.
nothing to do with market makers, its a sets driven stock so moves on volume. unfortunately the uk market is pretty **** filled with terrified wimps, so the usually sell any bit of good news.
It's above what many were expecting and gets rid of the loss making part of the business. It's very good news and puts an end to the US venture. Onwards and upwards now.
RE: £25m+ wiped off the market cap with just 0.14% of total shares traded!! 🧐🤔6 Jun 2024 15:55
Biggest continuous drop since October last last year, if the volume wasn't so tiny I would be getting a little worried. Chart wise its back on support now so should hold, although if it went back into the 120's again I think I'd reduce.
Whats even more incredible is you think its "climate change" that causes that and not just normal weather variations like we've had since the beginning of time!
RE: Over $1bn in debt and liabilities on balance sheet22 May 2024 09:01
You get posters like JWBellamy on nearly every chat board. It's fine to warn others about potential risks, but to keep on going on every day all day shows either he has mental issues or ulterior motives.
I'm quite heavily in YU. and there is a poster on there that has been doing the same thing every day for the past year or so. At the time it was 250p and he's continued to downplay the company all the way up to the current price of 1820.
Just don't engage with them, they obviously aren't investors, so appreciate his original comment and ignore the rest.
You don't think we've already had a decent rocket :-)
I actually had Funding Circle phone me today asking if my business would be interested in their services. First time they've called me in a couple of years, so they are definitely going through a big sales push at the moment.