The market usually over and undershorts. 870p was and so was 36p. Personally think it is a mistake to sell so soon. I think this could easily settle at a pound if not 120-150 in the next couple of months.
Nice rise today. I must say the reversal yesterday afternoon was one of the biggest buy signals I've seen on the markets hence the big rise today. I hope the naysayers profited but I doubt it.
It was just a matter of time before this took off. All the naysayers yesterday were overlooking the fact that this has fallen 95% from the highs. I guess if your average is high you are not going to be happy. Have a good day.
RE: Hints of goodness....and moving in right direction27 Mar 2024 07:35
If anything it's better than expected with net debt coming in at the bottom end and forecast to fall more this year. If the market is forward looking l think this may start moving up.
What's the difference between going short or going long, morally l mean? I don't see any difference. When VW lied about their emissions on diesel cars was it right to go long? You need to have a rethink.