Member Info for Metamorphosis84

ITV and BT from the TV/Entertainment sector and Legal and General from Insurance, blaming Brexit for poor performance? What about Sky and Aviva, from the same sectors and they are doing very well. No, there must be more to it than Brexit.

I suppose the question I should have asked is what is the 3rd support level! 145p and I am out, cutting this one loose.

Tom, where do you see a rally going to if this support can be held?

Very tempted to top up here but have already come down a long way. Are awe at the bottom?

Possibly but even a cursory look at a graph shows a share on a continuous slide since the initial drop at the end of February.

*250

Yes but this share has bad days even when the ftse 100 & 200 have good days.

Have we just seen a false breakout?

Worst performing share in my portfolio. Downward slope to under 150 today. Will be looking to shed this one ASAP.

Not short, not into that. Not long either until I see stability. I haven't spent decades amassing a fortune by gambling, I find that the Casino's are better and more fun for that purpose.

Very good increase, but remember you haven't made anything until you sell and there will be no Div. I said a while ago looking for 65p and to hold there then I might open long. Otherwise, not interested in bubbles. If it does rocket up to 100, will you all cash in? And what will happen to the SP then?

Are you kidding phrases like "refinancing is a done deal" "this will fly" "this will rocket" "this will be 100 by easter" all intimate a dead cert, low risk share. It is desperate and it is immoral.

Some very informative and sensible posts of late, thank goodness. Obviously there are many talking up this limping dog of a share, because they have come down from 600. In a way, one should feel bad for them, they were not to know that IRV had got into a total mess. But trying to save themselves by encouraging others to gamble, well that is worse than the shorters that they so condem. There is much more respect to be had to the recent contributor who has decided that this could go either way, but can afford to gamble and has yaken the risk will eyes open than the delusional people who insist that this is low risk, will be 100 by easter and who are trying to get those who cannot afford to make the same gamble. By all means filter out the people that don't subscribe to your narrative, but potential gamblors, I implore you to DYOR before gambling.

One thing that isn't in question is the high productivity of the Interserve workforce. They are so far ahead that they have time to post on internet chatrooms during the working day.

Take it from a very experienced investor, your strategy would be better placed in a casino. Good luck.

If the BOE increase interest rates I wonder how kind the Banks will be to Interserve with their terrible debt?

This was the previous support in Apr, Jul and Aug before it rallied finding resistance at 525 then 535, since coming down to the 470 mark. It looked like it might have gone through 470 but maybe it has found support after all. I think it would be wise to buy in now and if it does fall buy in again average down. Either way, this looks very strong long term.

It would be dishonest for me to talk this up because I just don't see it. The company might survive but the SP will not be in tact. When, ever, in the history of the world has a share recovered so dramatically? I can only presume that predictions of 100 by Easter is some sort of early April fool? I doubt anyone predicting that will be here saying "i told you so." Then again if you do make a fortune you could always put it all on bitcoin. I heard that will be 100000 by Christmas.

Consensus is sell, price just keeps going down and down. When it was 80p people here were saying it will go up, the shorting will stop. The price went down, the shorting will continue. The fictitious 28th Feb "results day" came. And went. The hope for good news soon/next week came and went. There is no good news and no evidence of a turn. Hope is all there is.

The consensus of the market is sell/strong sell