Well it was mentioned to me earlier that tomorrow could be a big day tomorrow for U.S and others getting in before sterling recovers if deal goes trough looking at jumping to 140 against $ so things are cheap at the moment
Mrcarrick. I’m still convinced this will come good in the end but I don’t like to be overexposed in any one thing if it did drop massively then I would have really felt it. That plus I came across something else so decided to reduce and divert a portion elsewhere.
I sold a third of my total. Although as someone pointed out to me today tomorrow could be a big day for foreign investment into uk shares before any recovery of sterling takes place so I may have done the wrong thing it was just that it was starting to feel a little uncomfortable. And on the plus side I put a little into something else that jumped 40% so not the worst day
I think what’s making people cautious and second guess themselves is that metro doesn’t behave how you would expect it to. Big overreactions to bad news and next to nothing on good news and even when you do see a bump due to good news it’s lost again the next day! It seems almost impossible to get any kind of momentum going at the moment .... but I think q3 will change this!
It’s possible (we was at 157 the other week) but I think q3 will be good I also think that a LOT of insider buying will take place as soon as they are able I’m a little surprised we didn’t see a bounce towards end of trading today but the one thing with metro is it’s been consistently unpredictable! Each week seems to start like this building up towards end of week when we get a surge followed by a Monday drop. I’ve got limit sell orders in place for most of my position
Barring an unexpected rise yes I am! I really do think q3 will be good, most of the bad news won’t have affected q3 ( it will however impact q4 ) yes I know it’s risky but after much extra buying over last couple of weeks I’m at 221p average so it’s calculated risk