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149 now. I really hope the US wakes up in a better mood and starts us on the road to recovery again

Thank you Jazz. You make a lot of sense, I know long term this is a great share.

So we've had media doom and gloom for at least a couple of weeks now, but NEX kept rising. Then in the last 2 days it has dropped back to lose the whole of last week's gains.

I can understand the concern around the virus, but these measures have been coming in for this whole period, its not like a big surprise. I just don't understand why this week has seen a hugely negative reaction. It's so difficult to foresee the rises and falls because there's really not a lot of logic to them.

If anyone can explain why the market reacted more negatively to this week's measures than the other measures which happened over the last couple of weeks where the price continued to rise that would really help.

If I thought this was going to continue to fall I'd jump out, but the stock is so hugely undervalued that we could see another big rise for the rest of the week and still be well below the last rights issue prices.

I may be naïve, but I actually thought we'd recover yesterday's losses today. The new rules didn't really change much, so it seemed logical we'd bounce back.

It could be the negative feelings around the new lockdown measures rather than the CEO that's bringing things down this morning

I wonder if this being leaked somewhere caused the recent share price rises. If so, hopefully that's a sign that we'll get further rises now it's official.

After my initial post in this thread that had some concerns, I genuinely don't think I could have timed this better. What an amazing end to the week

@parkez damn I didn't think of that variable, but that's a really good point

@parkez I'll take that bet. I'll then put your £10 into Syme and if it does happen to reach 16p, I'll give you the £200 you earned at 20:1 plus your £10 stake and then there will still be about £110 left for charity

Thanks @purchaseatthetop. I've actually been riding this one down from 165 around May and then back up again. It's the only share I've had that even when it's down, the fundamentals have given me the reassurance to not panic. The others which offered similar reward potential were much higher risk and I got burned. Hopefully this will carry us all safely to a nice recovery and a tidy profit in time.

I agree this is a longer term share, but have others noticed this is testing higher highs? That's what makes me think we might be set for a rise. That was the logic I used when I decided to buy more today, although sods law says I've probably jinxed us all now. Sorry everyone.

Haha, I'm all in with NEX now Jonmo, so with the way the price is going I'll be here for a while yet. Your other investments are safe for now.

Thanks all. I believe in this share, but it's a shame to have such a big drop. It's like buying something only for it to go on sale the next day

Well I timed that badly...

This is now my only real stock, having been burned by Boohoo and Cineworld. I had a lot here already, but this really seems to be trying hard to push upwards each day. I know it keeps falling, back but I'm really hopeful it's now just a matter of time before we can push on and hold at the next base

I haven't been on for the weekend. What news are you referring to that needs to sink it please? Sounds promising

When you say 120k of CFD is sold. Is that the equivalent of a shorter closing their short before the price rises?

I think you're right bluedreamer, fair media coverage is definitely what's needed. Clearly the negative articles haven't impacted sales, so they're now just being pushed by tabloids needing a headline and those wanting to drop the share price.

Thanks Snowwoman with regards to people not being ready to pay over 400, apparently the order book at open had bids upto 450 waiting to be filled. I'm not sure whether today will have changed that, but it seems there was at least some demand at those levels

I can understand the reduced trust, I imagine we're all a bit nervous now. If they announced dividends that could help because many stocks have suspended them