Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Trust me... All these Hedge funders who are short on BT will pay these guys to bring more negative news. You will see downgrade after downgrade by the brokers too.. Only when they booked their huge profit probably around 90p, they will start to go positive on BT. Unfortunately, this will happen at some point ! On the top, BT not going to behave oppositely when huge correction happens soon. FTSE at 8200....when something goes up too high, it has to fall at some point...
Good luck!
Its a saying .. 'sell in May and go away'.. May results are generally not good for share price... So don't get too much excited.. If you look at past BT results in May, share always tanked. I hope they prove it wrong this time..
Good luck!
Shorters having a nice ride with BT... luckily so far did not break £1... FTSE100 at record high 8200 , whole world indices hit record high except china.. There should be some big correction coming in the near future... when that happens, BT will be back to 90s range I suppose..
But there are still lot of hopes of quick recovery especially when interest rate are expect to go down soon, BT's major expenses are over and now they can start to reap profit from their investments and so on.
I think BT is super cheap , I have started to build my positions now and will continue to top up if it falls further..
DYOR..
Good luck!
Major shareholders generally have diversified portfolio's, hence they don't have much impact if they lose on one investment. But for retailers like us, its mostly a huge loss..
Anyway, CPI lost over 50% of its value since march and now on a record low.. They need to turn their business into profit, for that they need to bring back their reputations. Its not happening anytime soon. its been hovering close to 10p for a while now... I wont be surprised if falls below 10p in the next few weeks.
That probably will be the best entry point I think.....
DYOR.
Good luck!
"I still cant understand why the SP dropped so sharply from the 20s to the present 13+ soon after the results in March"
Read again the result , you will understand lot better. we are heading towards 11p or may even test 9p before the result. FTSE at record high... On a heavy market correction, this share unlike others will have to fall sharply. No wonder , gradual increase in short positions confirm that..
Good luck!
Shorters know that its not going to happen thats why they are holding their shorts.. Trust me, these hedge funders stay there till share price gets hammered badly and they tend to hang around for a long time. Look at BT, as the shorter appeared, they never let it progress and made it fall close to £1 despite they have beaten the broker forecast twice . So don't stay in dark and think that any good news is coming for ITV anytime soon.
I think they will drag it down to as close to 50p as possible before the result..
FTSE currently is as bad as Chinese market. rest of the other world indices already hit record high. I think UK market will take very long time to recover with BREXIT playing main role. So there will be no surprise to see further fall on S4. With hedge funders still holding their short positions and when rest of the world market enters into correction mode, FTSE will fall further and so all the shares..
ITV definitely going towards 50p. ITV will be on free fall irrespective of market.. Like today when market is happy, ITV shorters will not let it go up and drag it down and when the market goes down it will automatically fall anyway! So its a win win for those shorters... but for retailers like us we only lose.
So far 65p was the lowest. It will soon break that too. Don't know what will be the share price when they will announce sacking of MDV. She cannot hang around very long when her plans are working. I think once she leaves and new CEO joins probably there will be some chances of turnaround for Vodafone.. By that share price would have touched below 60p I think.
I agree the same.. They are happy to have just their easy salary. They dont care about shareholders.. .. As the shorters are keep on rising, it can only go down now.. and then when results will be out next month it may fall below 50p.. Anything is possible with this share..
"Let's hope Margherita knows what she's doing " ..LOL.. I doubt it.. She should not have rejected the offer but should have kept it on hold till better offer is confirmed. What changes she made to vodafone group so far since she took over? Nothing.
Anyway, now media said that it was a mistake... Share price will be hammered badly.... lets see how badly falls in the next few weeks.
Funny about MDV is the way she started her job saying "we are not good enough" as if she is going to rectify that.. All these time she did nothing new from what Nick Read did.. With such a huge debt pile and majority of the Vodafone's loss making business don't know how they are going to survive... This time looks like we may 50p range soon. Vodafone now need Director from outside...