Member Info for Mando_

I honestly think this is a continued tree shake for the money makers to push out weaker retail traders based on the low volumes of trade today.
Darktrace has had a strong attack today to -3.5% and is now it's positive on the day after a sharp jump in the last 15 minutes.
Based on the volumes of trades below this price, I'm convinced we'll see an upward trend soon.
Just my thinking. DYOR
GLA

lol Sorry, over-excited too early. Very anti-climactic!

High inflation around the world being absorbed by the markets today I think.
FTSE100 still quite strong though, +.0.59% today vs the US S&P500 -0.31% now in pre-trading.
I still think the US may start putting some more money into the UK markets as a hedge as the UK market and many stocks are generally undervalued compared to US markets and equivalent companies. Should be good for DARK and THG I think.

.

hahaha, fair enough my friend!

Good luck :-)

I think/hope so Claire.
Like I said earlier today, if we look at the volumes traded between 3rd and 8th November, with the lowest price being around 580, and much of it being retail trading, were only looking at a handful of punters wanting to exchange shares now lower than 590p.
Outside of the recent lows, we're looking at only the very early adopters who will either be very long term holders or who would have previously sold already to new investors above 600, so I really think the normal sell pressure is really low now.
It's only FUD which is likely to get people to sell stock at a loss below this point now (like I got sucked into earlier at 597p...)
Good luck all

OK, I just stuck with my convictions and just bought £20k at £5.905664
I'm really hoping it wasn't a stupid mistake which it may well have been.
I'm hoping sell pressure is gone following the RNS
80k units just been traded in the last 4 minutes.

Sorry Sirtreeman, my last post was a bit of a rant. Don't mean to take my frustration here out on you. Apologies

@Sirtreeman, another point. e.g. Selling DARK now at a 2% loss, and investing in JDW which is currently down 7.29% and may possibly at the bottom of a dip, may make you break even at the end of the day if JDW retraces up 3%. This is swing trading. It doesn't always work, but neither does getting obsessed with a stock in decline where you may have been seduced by group think to believe it will return to high levels like its a religious belief.

@Sirtreeman
People who hold on a dip which is likely to continue to dip are not smart investors in my opinion. If you think something may drop another 5% tomorrow, why would you not sell at a 2% loss today to reduce paper losses. Sure you may not get it right every time, but I'd rather buy back in on a uptrend when I can see signs we've hit the bottom, rather than chance it an see an unexpected further drop. For all we know, other directors sold on Monday and we're just waiting for those RNS to go through the system...

@baba, sure, I'm looking to buy back in. Still a long term liked stock for me. But I could see this dipping below 580 now unless there's a good RNS.

To be honest, her sell was "only" 28% of her holdings.
She probably had a big tax bill to pay or something and made the most of the pump on monday, knowing the price would likely fall on the back of her announcement, pay your bills, buy back at a lower price when the market has been spooked.

Probably a sensible move for her financially, but what a destructive move for the share price in the short term.

She should be fired.

Well I sold.
Having loaded up £18k this morning and averaged about 608p, sold out everything at 597p.

Stupid move by a director.

Really stupid.

Well that didn't age so well, it's gone lower than I thought it may do, but on low volumes and not that unexpected considering the volumes of shares traded below this price at the end of Monday and the beginning of yesterday.
Still holding on this one. I firmly see this as a continued tree-shake. DARKTRACE is having similar patterns.
GLA

yes, I'd like to see today closing around 624 at least. I think this is just a continued tree shake

"I wouldn't be surprised if THG drops to around 203.4p early tomorrow before going up to around 212p/214p and closing on at least on 209.4p with any luck unless there's some real overall market fud on economic data."
Fingers crossed.
GLA

I expect so Claire.
Poppy was introduced to the Queen not that long ago by Boris and was standing next to Bill Gates.
You don't do that unless your going somewhere as a business in my book lol

Hi Charles, I sold all my stock the other day around 640p
Bought back yesterday around 610 I think
Sold this morning around 625 as I feared further decline.
Just bought back a little at 608p following a small spike in volumes after very low volumes trading.
If it continues to go down, I'll look to buy more now.
Cheers

Actually, I just bought a little.
There were 100k traded at 9:45 and another 100k or so a minute later. It could go up or down, but could be a signal for change of direction

Just my view so don't hate on me being a shorter. I don't short, I'm not that technical. I'm only looking to buy shares in DARK at great value if possible:
- about 17m shares traded between 574p to 604p just between 3rd November to 8th November.
- about 8.6m shares traded above 604p since.
So still a clear selling range of around >591.64p if some of those retail investors who bought around 580p are willing to sell at 1.5% profit (inc-Duty).

Just my thoughts for this community to try to maximise their profits.

I could be wrong... I recommended people look at Just Eat yesterday as it was moving with momentum and it dropped loads today following some news.

Looking for 602 again during some point today hopefully
GLA

Cheers all.
US CPI data out tomorrow and that normally has an effect on trading. The S&P 500 starting to be challenged on its highs currently -0.55% on the day today. The FTSE is still relatively low compared to the current high of the US S&P500, so there could be some money movement from the US markets to the UK tomorrow due to fear in their markets. UK tech at the bottom of ratings would be a good place for them to invest, so I'm bullish tomorrow on THG and DARKTRACE. I bought a small amount of Darktrace at the close of trading today.

I think squeeze volume momentum is looking good for both THG and DARKTRACE tomorrow and longer term (you can read my post on that separate in the DARK thread).

I wouldn't be surprised if THG drops to around 203.4p early tomorrow before going up to around 212p/214p and closing on at least on 209.4p with any luck unless there's some real overall market fud on economic data.
Cheers