Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
"Why do they have to have a meltdown everytime the Fed repeat the same message about raising interest rates and taming inflation ?"
When market is high, big hedge funders will bring reasons to short and when sell off is overdone they will make huge profit and then make new positive story to bring the market up again by buying again!
This is market tricks.. No logic behind this. You just need to follow them by buying when sell off is overdone and sell when the market is high! This cycle will continue on a bad market like this...
CPI will definitely open at 20p tomorrow.. But I hope not below 20p..
Good luck!
Dont get too much excited. This has to hit 25p for any sign of bullishness. It was at 20 - 21p range for a while. As I said, we may test 20p again when the market falls and it did fell after UK market close unfortunately!
All the best!
FTSE at 6600, DJ 35300 but CPI at 21p... On even a very good day this don't go up. Today its up only 3.8% and too with small buys! 20p looks definitely cheap but not when market is too high already! I doubt this will be able to reach atleast 25p before the result. Good luck!
30p by next week in your dreams! Explain to me when market is up and is at its peak, why this share is down and keep going down! Look for 10p when market falls sooner or later! Looks like hedge funders are going to short it till they go bankrupt!
Bottom is always zero when company keeps on issuing profit warning, right issue, raise capital constantly which has been the case with Capita. Although they have 50% contract with government sector and 50% contract with private sector, they need to bring out solid results continuously for any significant movement in share price. FTSE at its highest and CPI at it lowest does not look good to me! When market will enter into correction, this will be at 10p unless a solid news comes out !
All the best!
JG68 - People waste most of their time just thinking about future rather than current. I am sorry you are one of them! I am sure you must have been seen profit several times in a year of your trade but decided not to book it.. now you are down 28K which means you may need to wait very long before you see the profit again.. I hope you close your positions at least this time on profit! You must be feeling lucky that you did not hold this share when it was at £6...if you did then you would have no way to exit!
Good luck!
Happy days are over for long for now...... its time to short.. Negative news about BA probably will be kicked out from France & Spain, Fed tapering etc are now coming into factor to support the short... I am short at 178.6 and will continue to short at higher prices... Easy money for shorters when hedge funders are sitting there with their big shorts!
"It's Fed day today" Its always been Fed day when market falls. This very old man should not be on this job . He does not need to care about market but himself! As he said in the past he will stick to even faster tapering! I am sure he enjoys that.. LOL!
Although it does not make sense, the drop is due to Barclays cut the vodafone share price to overweight target 165p.. We are no way closer to that. LOL! Looks like the Hedge funders who are short on Vodafone gave Barclays lump sum to bring more negative news out... 110 to 114 will be the range for now I reckon.
Travel restrictions are not that serious compared to lockdown.. These should do little harm for a short period but will not stop people from travelling. Getting your covid tests abroad are 10 times cheaper than in UK so its not such a big deal. As the cases in UK are increasing, you need to act ASAP before it gets worse.. So no complaint from me...
This has to be over reaction! Nothing confirmed about South African Variant... There are unlimited viruses in this world and we will have to live with it, there is no escape from it even if you want to. Travel curbs will be lifted once WHO confirms about it today how bad the virus is.. But IAG is a fallen Angel at 132 plus as I type... Grab it quick while you can..
All the best!
Correction : Don't think Covid should have such an effect on Centrica.... It was up by over 2% last Friday most of the day on the news when all the other stocks was down which proves that it was purely a profit taking once it hit 69.70.
Don't think Covid should have such an effect on Centrica.... It was up last Friday most of the day on the news when all the other stocks was up which proves that it was purely a profit taking once it hit 69.70.
No news but you can expect profit taking especially when Centrica almost hit 70p on friday.