Member Info for MarkBellUK

1onic we are at a volume of 5 million already today? I dont see a liquidity problem and book orders look as standard

Shorts over 0.5% are now ZERO. Its literally people panic selling

LIBERUM RAISES PLUS500 PRICE TARGET TO 1450 (1000) PENCE - 'BUY'

100% right. Its not just the stock market that is in panic mode as well unfortunately

The good news is this will bounce up hard as soon as the mist clears so use this as a buying / topping up opportunity ....we are so low at the moment price wise

Nothing but Corona based market fear. Trading update has already said that next months results will be stellar

Hope you are ok Gelston. Will pray for your protection from the virus!

Italy and Spain have imposed short-selling bans on more than 150 stocks after yesterday's sell-off. The action helped the Italian MIB index to rise by 10 per cent after dropping 17 per cent yesterday and the Ibex in Spain to gain 6.6 per cent after its 14 per cent drop.

The ban applied to 69 stocks in Spain and 85 in Italy. The British Financial Conduct Authority said that it had banned the shorting of the shares at the request of Spanish and Italian regulators. Regulators have used such bans in the past to ease volatility. The American authorities introduced one on bank stocks during the 2008 financial crisis and the eurozone took a similar step during the 2010-11 debt crisis.

>>huge drops in SP against what seems like comparatively small volumes?

Pure and simple panic selling. i.e. Sell orders constantly getting dumped on the book, trying to get to the top of the book by being a smaller price to the next one to be satisfied - e.g I'll sell for 910.2, I'll sell for 910 I'll sell for 909..as opposed to just holding out for the best price to sell at

Definitely there was a massive order of 350,000 volume at 200 which I thought my hold. Wrong! Its just been sucked up and dropped straight through it

Turns the lights off and come back in x months

Contrarian investors "may draw comfort from the speed of the fall, especially as the 1981 bear market swiftly gave way to the raging bull run that began in autumn 1981 and only ended with the Black Monday crash of 1987 (and even that turned out to be temporary)", he adds.

: The Saudi oil price war on top of the coronavirus outbreak has pushed the FTSE all-share index into a bear market. It has taken only 52 calendar days for the index to fall by 20 per cent from its recent high in January, says Russ Mould, AJ Bell's investment director. This is the second quickest fall into bear territory on record. The fastest was a 42-day slide in 1981.

The all-share index is the aggregation of the FTSE 100, FTSE 250 and FTSE Small Cap indices, and it includes a total of 639 listings with a total market capitalisation of £2 trillion. It is the 11th bear market since the all-share index was launched in 1962.

"The good news is they tend to be short," said Mr Mould, "even if they are undeniably brutish and nasty."

I'd take £4.50! ;)

Apparently not Denby! Stop watching it too closely its going to take time! (says he does what he shouldnt!)

We have over £16,000,000 in directors buys since Aug 19 so I think we are pretty safe! I can see a special divi been reintroduced here..

This is going to take mate...im trying not to watch it everyday...but failing!

I can see this being a post divi riser. Im just had exactly the same fortune with PLUS500..well up exdivi!

Another £1.5m bought by 2 directors!

Oil plunges as Opec output cut talks with Russia hit a wall

Talks between Opec and Russia over whether to cut oil production in response to the coronavirus collapsed without a deal on Friday, sending crude prices plunging more than 8 per cent, to their lowest level in three years.

OIL just hit 8.76% DOWN..mental

This is the end, the end my friend!

Funny thing is I was far more comfortable holding this at the then 30%- loss than the 24.84% profit Im now at....makes me twitchy!

Well Im 23.96% up even with todays drop and im not selling! Another £500k director BUY making £6,000,000 this week

Absolutely zero chance of SAGA going bankrupt

And also the shorts who have amassed!

We've just bounced off 299 for a third time so dare I call the bottom!??!! (Hint answer is no but maybe)