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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.
At this fall rate from 119.70 to 114 is massive... So do not think this share is going anywhere above 115 as 2% hedge funders shorted around 136p and they may keep on increasing their short positions to push the share price back below 110p! Hedge funders will always be on a driver seat on Vodafone!
JPMORGAN RAISES VODAFONE PRICE TARGET TO 165 (160) PENCE - 'OVERWEIGHT'
Opposite effect on share price.. Looks like the shorter taken more position since it hit 119 yesterday!
Share price on 114p at the time to typing this! Looks like 113 p close if it falls at this rate!
Looks like the customers they lost due to regulator in the past, are now going back to them. Ofgemhas chosen British gas to supply the bankrupt small energy supplier customers. They had 90000 plus customers in total.. Very good news for centrica!