Member Info for Mando_

Personally, I wish I sold earlier at 214.8, and just bought it back again just then at 207, but it's risky.
I think if we're slowly increasing over the next week I may try to start trading in and out with maybe 25% of my position.

I would recommend don't panic.
If you look at the hour charts and the volumes traded this morning at a lower price than 206.6 (the price now), the volumes were still much higher below this traded volume drop.
So were still at a higher low currently if you know what I mean.
This could be a gradual upward trend over next week.

MASSIVE drop just then 14:32 on low volumes following a huge order spike from a similar low price at 14:05.
Shaking the tree test to see who has stop losses on to try to pick up deals, then the price bounces straight back up.

lol HeresHopin

I think traders balancing books up. RNS to follow likely.
I think possibly this could be the signal for a breakout above 215 now.

BIG volume just traded!!!

@rhythmquest.
Yes, for some reason people seem to think whale investors who sell stock after IPO lock-up period ends means disaster for the company. That's not the case. Virtuvian invested when DARK had a market cap of $1.65bn. The whole point of a whale investing into a company pre-ipo is to make money selling off their shares post IPO.
Then lock-up periods are put into the IPO contracts to say these whale investors may not sell prior to a certain date. These dates are public knowledge, so guess what happens before the lock up date is due. Companies wanting to build positions in companies like DARK help create fud in the market, so the whale investor makes less when they sell up, and the buyer can get the stock at a lower price. When a company says they are willing to sell at 580, that's because they believe it is not worth selling lower than that price.
It's like BlackRock selling 55% of their stake in THG last week, holding a remaining 10% share of THG. The share tanked 60% since the date of the end of the lock-up period ending 16th September. Blackrock said they sold THG at 195p, now THG is trading 213 today...

Testing a strong 214 resistance line now though.
I expect we may trade a bit bouncy off this line for a short while, then break out upwards.
If it happens soon, that would make me very happy.

I've just been tested hard over the last week on THG. That's been a rough ride.
Today, +9.11% currently and nicely in the green, with average buy price now of 209.
Now I'm building up positions in DARK

@rhythmquest. OK, thanks. I'm going to assume then that someone investing 2.99% in Darktrace would have done some level of due diligence.
I expect some retail investors will be flushed out panicking about a potential decline, probably having seen losses already as part of the Lock-up period fud and downward spiral.
I'll continue to hold. If it goes down 5 of 10 % I'll just be buying up more.
Sorry to those who will be taking losses as I buy up their stocks.
GLA

They'll probably trail the rating on the way up now also

I guess they had to to save face.

Broker Recommendations for Thg Plc (THG)
Date Broker Rating Old Target New Target Change
05-Nov-21 JP Morgan Cazenove Neutral 347.00 236.00 Downgrade
03-Nov-21 Liberum Capital Buy 1,080.00 750.00 Reiteration
27-Oct-21 RBC Capital Markets Sector Perform 715.00 510.00 Reiteration
26-Oct-21 Barclays Overweight 675.00 660.00 Reiteration
14-Oct-21 Liberum Capital Buy 1,080.00 750.00 Reiteration

Why do people think the price will go below 580p, when as shown in the RNS yesterday, the secondary placing is valued at 580p per share?
Why would institutional investors be going in at that price post IPO-lock-up periods ending if they think the price would go lower.
Am I missing something?

Glad I put my buy in the other day at 580. Just need to ride out this bumpy ride I think.
Fingers crossed.
GLA

OK, I called it a bit early/wrong.
I think we're certainly being tested by bots today.
As we touched the 200MA we saw a -0.19 red bar, then traded fairly flat around that level for 10 minutes, before a jump of over 1%. We're now just slightly over 200MA line again, with hopefully a continued slow climb.

I wonder if the money makers bots are programmed to trickle until the US non-Farm Payroll data comes out in the next 20 minutes. Activity definitely seemed to slow from 10am

This will be interesting. Will we bounce up off the 200MA on the minute charts within the next 5 minutes.
I'm calling it.
Time will tell

GLA

@nuri, fine by me.
The money makers are trying to flush out weaker investors.
I'm just watching and loading up.

Oh, the post says a price in the post timing section that the price was 212p at the time.
I actually added at 205

GLA

Getting close to the 200MA on the minute charts.
Hoping for a solid growth bump now.

@nuri, you said yesterday it was going to be down to 180p.
I'm back in the green now.
I expect you will be buying back in now.
People should look at what happened with Boohoo after their IPO. Launch at 85p, drop to 22p, now 175p, +800%
Try getting that level of interest in the bank. Now is the time to buy THG.

Breaking past 213.4 now is the strong test.