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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.
Low price and directors would not pay for a single shares other than allocated. Shows great confidence...haha
Drifting south.
The good days are over, cost high, small margin, high competition Shein. At best near £40 in future, £30 will be a struggle at least to 11Q 22.
Near £20-£22 is a very good punt.
Will not hold 350p today. Murdoch keep buffooning analysts with nothing impressive. Today conference is a total time waster. Revenue increase puny 1 to 2% if it ever happen, we been on this bs route for a long time since many updates.
Below 340p and lower is imminent in the next few days without news. Bots trading heaven. Further down south this week.
Good to drip buy and short together. This will have mammoth effort to climb back to 400p which is possible next year. 500p tough luck, 600p highly doubt.
Drip buy as this goes down to 320 and 330p. Any good rise, sell or short, in the interim. Plan to pickup a bit more tomorrow. Shorted from 416p. Starting to build position as this goes down.
Market disappointed with Murdoch bulls..ts. turnaround plan which not showing any concrete results. Kicking the can down the road with excuses on turnaround . This excuses on turnaround getting lame, revenue decreasing and debts not reducing.
One should cut loss and reposition lower as days of 500p and 600p is over. 400p still has hope.
The miracle is some one will buy this dog or Murdoch sell some useless HPE division at a bit premium.
Next move Murdoch will announce dividend to help prop up so a bit.
Ride the wave down (short + drip buy) and up.
Market "love" the slight growth statement and down it goes. Will get worse when Yankees wake-up at noon.
Wait until 360p to enter for a punt.
Robots play field as Murdoch is utterly useless.
No mgt even forking out a cent to buy coy own shares. That is confidence!
Judging on today market carnage, not to bad as mcro holding above 400p. After 30th, doubt much rise and good time to short for the robots. No div news from Murdoch the fatcat. Doubt anything tangible on his so call strategy update that can really move the sp. Debts too high.
Great opportunity, more to come after poor results expected. Loading up and sit until next year. No point tic tac on this board. Opportunity shouting from below 500p to 410p. Ready to load more.
Well done useless Murdoch. He is not even buying mcro shares, that says it all.
The gap in sp is shorters paradise. No more news until Feb. This will go eventually down to 280p easily. Wait to buy back in a week or two at 280p.
Sp losing alot of momentum, heading to 330 or below by next week. No dividend. Shorter will push this down again when buy volumes dry up soon. Hold until next year for div. Long way to 400p. Doubt the next az/Oxford vaccine will create any lift as market already bake in news.