The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I don't think it will consolidate down, I think the momentum is only going to go one way and that's up. This got to such an oversold position that if you try to trade it you will just end up buying back for more
I wonder how many shares they got with the MM manipulation of the share price, hopefully none from here
On a slightly different note where is steveinhell (if you been to Hull you know what I mean). Would have expected him to join in from his bot boiler room.
I expect it all depends on your perspective, I`m very happy to be picking up shares at this price and have been.
I note your point about the float price of £4 and do feel for LTH`s but have a feeling this will be taken back in house and am prepared to sit on these till that happens and hopefully reap the rewards
something is going on with this price action
I was reading this chat yesterday and examined with interest the talk of trading this share or people folding and taking profit (or realizing loses). Its always good to examine your position but it didn't make any sense to me as the negatives to the share price have been reduced hugely and the positives are increasing by the day
Sizewell and SMRS
Power systems Increase
Flying hours up and China flights will reopen (very soon)
Net debt paid down by 2 Billion
2 Billion in cash
4 Billion of debt but with very long repayment times
I think that this is very much a long-term hold share and trading it will probably mean you just buy it back for more.
I see the Steve "Bots" are out in force again
I know people say to block them but weirdly I use them as a barometer of the share price
Steves being triumphant = Share price declining
Steves being argumentative = trying to create discontent to drive price down
Steves asking each other questions = Trying to create FUD to stop price rising further
Steves Swapping roles (good cop, bad cop) = Very blue day
I think the MM`s are letting the shorts out rather than weak holders (although they may be helping)
Some large buys going through like the one below, shorts closing or position taking building, depends on your viewpoint
31-Oct-22 10:08:48 55.88473 696,268 Buy* 55.20 55.52 389.11k
agreed the Chinese being out via a placing is very good news as is the 90 day lockout on shares
Hereshopin said...."Less twats here today. Strange that."
and as if by magic a couple have shown up. They must be getting worried and called them in to start their doom loop, problem is nobody believes them anymore.
After the financial crash the US Congress had a series of hearings (investigations) with banks based around "broker" recommendations. In these hearings the banks defense was that these "broker" recommendations were only an opinion and often reflected the banks needs.
in the last year there have been "broker" recommendations of 700 to 50 which means that they were guaranteed to be wrong at some point. The question that PI`s need to ask is at what point do they think they were wrong.
For me it's pretty easy as the parts (divisions) of this company add up to a whole lot more than 50p when valued separately or together, therefore there is a huge investment case at these levels and I have Invested.