Member Info for LongerGuy

I set a buy at 49 because that is where we've been hovering today and as it executed the price dropped through the floor. Any idea what caused it? (Other than my bad timing)

Sorry I wasn't be pedantic. I am relatively new so I'm still learning some of the tactics.

It's odd this slipped back at the end of the day when a lot of other things seemed to have a rise. Such a strange time at the moment. There looks like a big aftermarket sell so maybe that caused the dip?

Wouldn't a shake down bring it down?

I've not heard this and I've been on this message board a lot. They let the previous CEO leave at the end of last month, but the CFO is acting in a temporary capacity.

I expect there will be a drop this morning reacting to the double whammy of Covid news, but I'm holding.

- National Express is at pretty much its lowest price since lockdown began despite things being a lot better
- It's very well placed financially and could survive a second full global lockdown (let's hope not)
- The US, where a large chunk of our business takes place (and which was partially responsible for holding this price back), is actually turning more positive and is easing lockdowns.

Please don't make your decisions based on my opinion, but I hope it helps to know why I feel positive in the longer term about National Express

This was actually looking like another amazing day first thing. Everything else was down, but NEX was having holding strong. The drop back to 120 lured me into topping up more, it feels like NEX finally wants to go higher.

Apparently France is going to allow spectators in the French Open Tennis next month despite rising cases. I mention this here because because bit supports the argument that social venues with allocated seating are easier to manage than others and should hopefully mean they are likely to shut down last if at all should stricter measures be needed.

Purely commenting from a Cineworld share holder perspective and ignoring the wider issues for a moment. I think the frustrating part is that this news is likely to have a negative impact on the share price in the immediate term and where other stocks have risen over the last week or so they won't feel that pain as much as us who haven't seen any gains in that time.

As others have said, hopefully the upcoming vaccine news will counter balance that soon, but in the immediate term it's a bit disheartening that just as we thought we were clear of those hold the price down whilst the market was up, a much more serious issue pops up to bring the whole market down.

Is this likely to have an affect in the morning? I notice it came after the Uncrossing Trade

It's such a shame that this has dipped again in the afternoon. I always thought it was the US making it slip back, but maybe not?

No idea. It did seem to be hit unnecessarily hard after relatively good financials which has resulted in a lot of recent chatter, but it did this last week and then got brought down again in the afternoon when the US was in a bad mood so who knows.

Where were people seeing the seller that was holding us back? I just wondered if they'd perhaps returned because we seem to have taken another step backwards.

We're at similar averages, but I started a lot higher. Rathetr than get out at 170 ironically after the financial results I bought more because they were that reassuring I felt sure this would fly.

It does feel manipulated and shorters would be an obvious reason, but isn't there also manipulation when you have a big buyer that wants an entry at a specific price? Chatter around this share is really picking up too which I also feel is a good sign. It does feel disappointing having done my research over months to see my investment drop whilst others will be able to come in now for an even bigger bargain, but what would be worse is sitting on the sidelines waiting and then missing the turnaround. I had this with Cineworld where I bottled it at 37p only for it to drop to 32p then shoot up well past that meaning I'm not sat on a 60p average. I'm sure patience here will be rewarded, how much patience is anyone's guess.

Despite being a US stuck they are up over 15%

Good to know it's not just me that got caught in their 68p trap. It's frustrating, but with the news of a vaccine in the US from November it should just be a matter of time

Sorry all. I bought in at 123 to bring my average down and it immediately stopped rising.

Still, it's nice to have a much more positive day. Many more to come I hope.

I was one of those. At 37p I dropped out, I was relieved as it dropped to 32p, but now I look a fool.

Ironically I've now recovered my original holding gradually, but where I made a stupid move recently my final purchase was at 68p (don't ask) so I'm once again nursing a loss right now.

This board has given me the confidence to hold this time around, but it still really sucks that people take pleasure from the losses of others and spend their time fuelling those fears. This share has so much scope to thrive that we should be celebrating that success together rather than trying to cheat our fellow investors out of their hard earned cash.

I've noticed there has been a lot more mentions of NEX on other boards. I think it's starting to get noticed for the amazing value proposition it is right now, hopefully it won't be long until the rise now because this is definitely massively underpriced

Thanks all. It's reassuring to have that voice of reason and knowledge that others have been in the same boat before. It's certainly an exciting stock to be involved with.

Sadly it's the type of thing I should have learned from in the past. I even held off in the early stages of the rally, but caved just at the wrong time. Like people have said, what's 8p when I'll be making £1+ profit per share in the end