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SP driven down at the open by small players and bots. Once the big boys in the city have had their coffee and digest the good news they will be in buying mode. What’s not to like! Great figures and a return to dividend towards the year end ( which we already knew ) Bargain territory!
Anyone else on here have the misfortune to deal with I.I.? What a shambolic lot they are! Online Trading Platform still not operational from the opening bell this morning!
Can anyone recommend a good online trading company?
Thanks, Rich
Anyone else on here have the misfortune to deal with I.I.? What a shambolic lot they are! Online Trading Platform still not operational from the opening bell this morning!
Can anyone recommend a good online trading company?
Thanks, Rich
..out today for a nice quick turn!
It’s quite frankly unbelievable how this share is performing given all the negatives against it. And ‘he hasn’t exercised this right yet’ should send alarm bells ringing..amongst others! But hey-ho great for a quick punt! Atb Rich
Guys, I have successfully traded this share, in out and away, for some months now..and currently sitting on the sidelines waiting for the next opportunity. I am however a bit perplexed over recent SP movements with virtually no volume. It’s almost like something is artificially holding and supporting the SP. For reasons previously given, no production, reserves being depleted, power disruptions, burning cash etc., it is amazing that the SP continues to hover around 3 month highs. The SP has also risen about 70% in the last 6 weeks! There is no doubt that longer term this is a great hold, but with things the way they are atm I would have expected the SP to be hitting year lows. So keeping it on the radar but out for now. Atb Rich
Every flight I have been on lately has been jam packed, Airports are buzzing..and with some flights being rescheduled if not viable. So imo airlines are doing well atm. And with crude now sub $80 It would not be unreasonable to expect the SP here to get in to the 140’s or higher. So what is holding it back..apart from the fact that this stock is often very slow to react. Surely a move north soon. Atb Rich
Broker comment sent us down at the open with some sense now prevailing. Don’t think we will totally recover todays drop so I’ve been in, out and away with a quick 10k. The share fiasco will keep the brakes on here a bit, but a long term no brainer imo. Dow is also hovering at recent highs and looks like it could retrace…which may also not be good news. Still not confident that things are going to remain calm, although the longer it is, the more likely a move to a settlement imo. Atb Rich
..so sold a major part of my holding here. If the Dow drops then so do we and indications are that a retrace is looming. I’m locking in recent gains and looking to, hopefully, buy back cheaper. Anyway, that’s the plan! Atb Rich