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348 p tomorrow.
Shorters reduce by bulk purchase negotiated for after trading hours to keep price lower. Shorter reduce and yet sp goes lower. The usual FTSE shorters tactics.
If Stiener wants to list in Nasdaq, (hopefully he does eventually) , delisting from FTSe will drive the sp even lower.
Then start buying in US market, sure to make £££ in early trades. I suspect at least 2 to 3 times prices in US market.
Seems like heading towards penny stocks status just like typical FTSe perceived growth stock. The like of ASOS, Micro focus, Capita , collapsed Carrillion. Poor PI buying and holding at all time high, which never recover. Bad management where expect the CEO to bail in a year time after the chairman. Usually a lousy chairman buying is a sign of desperation. He probably get his money back with some deal with the CEO.
400p seems Bridge too far.
500p seems Dreamland
600 p living in parallel universe.
Sub 300p will be good for day trade or short term trading. Never keep this stock for long as the trend is towards penny stocks with debts and cash burnt. Only dismal hope some company buys the cfc tech for cheap.
DCB as expected. Short when there are spikes as sp uptrend is very weak. Accum only at sub 330p. Shorters paradise. Short if reach 391 level again. 400p is now a major struggle. Make more by shorting this stock. Not seeing and surge in buying indicating down trend to 350p expected. Badly run company by CEO Steiner , keep bleeding money profusely for 20+ years. Cash flow is a major issue soon.
What a day opportunity to short 363 and buy at 345. Grab some to accumulate below 349, can not resist. Getting cheaper by the day, next wait to buy again 330 to 335. Looking forward to sub 300. Finger X on this rare buying opportunities.
Waiting for sub 20 to loadup on trading update. Same issue of supply chain crushing margin. Temporary issue, ready to load up heavily when this drop sub 20. Definitely retracing again. Great investment for 2022.
Good short this morning, heading back to 390p.
Only bots playing until next year nearer to div if any. Thanks to great work from Murdoch , totally useless. Hope to pickup at 320 p or lower.
Heading south to 330p again. BOT shares, so predictable. Good for shorting.
Snowflake results excellent. Hope some of it rub off to MCRO.
Company would not go bust, but sp still played by bots. Opening small short position at just below 370p, should fall back below 360p.
No more news until dividend.
Shorts closing purchase I believe.