I know you follow BDEV closely , I feel that any further downturn in sales will realy hit profits for 6 for home builders and the rumoured rights issue might also have further impact. Do you think the worst is now priced in and overdone or do you think the sp still is at risk of further falls? thanks , mark.
..have a fun weekend guys , pals have arrived got to go , zoom , zoom
something crops up , what is it with the uk ....http://www.thisismoney.co.uk/news/article.html?in_article_id=440808&in_page_id=2&ito=1565
ABN downgraded easyJet, up 8¾p to 296¾p, and Ryanair, up 0.15 cents to €2.78, from buy to hold and cut its price target on British Airways, 7¼p higher at 220p, to 200p from 260p.
http://www.ft.com/cms/s/0/dd6a1cca-12fd-11dd-8d91-0000779fd2ac.html
I have to hit the beach in an hour , friends arriving down for the weekend , but re your posting re DonAce and friends, I do not think that anyone in their right mind would ever consider following their advice and should they be tempted , the likes of you and others would place moderation in , so let it go and filter out or just observe , jimo.
..there was a dip to be had. I would love to see the builders , retail and bank sectors to put a rally on the ftse next week , then I will fully load my next short.
..I was surprised by the turn around late wednesday , guess the bottom was found! Closed my position and put into easyjet yesterday morning where I think that any recovery in airlines will be better be served.
don't be getting yourself into trouble now!
..not alot doing. Went out yesterday afternoon so lost the thread and have nothing in play today.
.. how did your afternoon in the sun go , I am thinking of doing the same again today , days like this remind me of why the south of france remains so attractive.
..this stock is not traded so a few of us who want to talk general stratergy tend to post here for like minded people to air their thoughts.
..hence my post earlier..
well posted , Monaco flagged this up to , we had a laugh in that CTT want to raise £200m and that RBS would probably pay the same amount just in fees for their rights issue..
hey , BA at 200 for the long term could well be a worthy punt , ask all those that bought in at a 50% plus premium to todays prices. As a day trade , I have not even thought about BA , to much being gained on the banks. As a punt , I continue to short.
I come back to the 10p level needed for share issue. I think that somewhere along the line the SP was held back , it was then necessary to acheive the level and it has now fallen back. I place Barclays behind this and will investigate further. The cattles movement , to me ,also stood out.
I shorted LSB at 17 yesterday with a tight guaranteed stop loss , the thought of Monaco buying me a bottle of wine on our first date was too much. Really can't place what is going on , but as Monaco also pointed out , for me Cattles is moving around out of sink to.
...thanks for that , keep an eye on Cattles re LSB .
next on the list , lsb
a great morning ..