Member Info for Mando_

Hope we see a similar pattern to the 18th October.
A large jump, followed by a short fall with some trailing stop losses and buy backs triggered by the majors, followed by ramp ups. People can look at the 5 minute charts on google finance what happened on the 18th.
If this happens I'll be over the moon.
It would take us to about 235p today.

+20.53% growth
:-)

To be fair the broker ratings are quite recent.
Yesterday Liberum re-iterated 750p.
I for one would be over the moon if that happens...

Date Broker Rating Old Target New Target Change
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

Based on the RNS it looks like Vodafone were buying most of it on their share buy back program anyway.
I looked at the minute charts on VOD today at 15:48 with view to sell all my £2,500 stocks and just cut 8% losses, assuming it would continue to drop to the earnings call. Instead I saw the spike as it happened and bought £8k at 109.5p.
FOMO/YOLO rush SMH
Oh well. Hopefully Vodafone will continue to buy tomorrow from 110p up so I can break even and reduce down my position.
GLA

The share price didn't continue straight up as I'd hoped or thought it may do following the BOE announcements earlier, but this 2nd RNS is another significant bit of positive news today, and closing the day up was good enough for me..
1.2m shares just went through in after-hours which just brought the position down from closing +1% up to +0.15% up, but that's still OK by me.
A good day

DId anyone else just jump in on that big volume and price ramp up from 15:50?
No idea what triggered it.
I wonder if it was Currys today announcing in their RNS that mobile sales were down 3% YoY. Maybe better than the market anticipated?
Does anyone have any thoughts on it?

Agreed, I've been buying up. I sold out 12,500 shares when it crashed at 109.5p and have bought back now 15,000 at an average of 106.48.

Looking forward to confirmed dividends in November and March.

Biden won't last if the Dems keep losing in the elections like they have this week lol

Praying for a nice bounce

197.8 looks like it could be a new support line hopefully

I bought in again at 594
Fingers crossed
GLA

I think there will naturally be some consolidation around 200, but honestly, and I could obviously be really wrong, but I think it's going to continue up now, based on the money makers dumping safe stocks since 12 noon
Look at the price of Barclays and NWG at 12noon drop

Money seems to be moving to more risky stocks again.
Good news

@Marek,
feeling a bit better?
I think it's likely to drop a bit from this point, maybe down to 195 in the short term, or it could just keep going up.
I don't know, but at least we saw good resistance again at 192 and strong rebound.
:-)

If that's the case I guess he has a good accountant and has made a smart move. Someone to invest in.
If I found out Bezos or Musk did something similar when they were starting out, I probably wouldn't care (I'm not saying THG will be that big, but I believe it will be a huge business).
Cheers

@4tothefloor
Thanks for your input but I like the business model and I think the company will be solid as a long play. BlackRock have now sold off their pre-IPO lock-up stock and are now holding 10% in the business. I think we've hit the bottom on THG now.
You can read my comments on THG by clicking on my name. Already having enough discussion on THG on the THG thread. Don't fancy going into it again here.
Cheers

I've been cautious
maybe expect a drop back to 590 over the next 15 minutes before buying. I think that's my plan, unless I get FOMO'd into buying on a rapid ascent
Volumes seem quite low today so maybe all the fearful potential sellers at the bottom have gone.

Hi, Sorry, I've been over on the THG thread.
Currently 2% above the 200MA
Tracking above 20MA also on the minute charts

@Marek
We're in it together my friend.
I'd say 99% of us here are in a similar boat. It will be very few people who will have bought at the bottom and are just happy, and there are a few people who have gambled on the share going lower and are fearful of the price going up, so they try to push the fear.
But most of us who have followed this business think it has a lot of growth potential long term.

I've now got 38.4% of my portfolio invested in THG. Put it that way... I normally don't go over 5% on a share, and I've sold down loads to get build up this position.

Boohoo is up on the news that they are not going to get sued massively - there's an RNS on that today.
ASOS, I also hold, but another established stock bottomed out two weeks ago and is now on a gradual trend up as we move to peak xmas trading.

If you need to sell, you must make that decision. Some of us bullish punters here could be wrong, but many of us have put a tonne in and are in the same boat. I think we should see a good uplift within about half an hour as the US wakes up for trade fingers crossed. Note yesterday the price dropped really low before the quick ramp up yesterday from 13:45
Good luck

On a gradual uptrend from an all time low?
I get that there have been many lows in the last few weeks, but that was due to BlackRock selling down their pre-IPO stock. But that's gone now. All that's left really is retail investor fear...
Institutions aren't selling.

Based on what exactly.
I see the absolute opposite.
The price has never been this low
The biggest institutional investor from pre-IPO was only willing to sell above 195, and is maintaining a 10% stake.
Why on earth would it go lower???

The technicals are suggesting an upward pattern about to form based on the last earnings report and the growth potential of this 1.6bn business...