Member Info for MrEMC2

MrD shame that you were unlucky with those trades. I followed many of your comments with interest. Hope it comes good for you in the long term. ATB MrEMC2

Someone selling blocks of 2500 shares - trying to force the price lower?

106p trade just popped up.

So we are on the same song sheet except that I don't have any spare cash to buy more. I keep seeing 106p bid but no trades are showing on my screen - anyone else?

Hi ojls - do you really want this to drop to 1p ? I would rather much like it to rise an additional £1 and as soon as possible. ATB

Why all the sales this morning with the FTSE up 2.5% ???? Roll on the end of March.

Great work Paddy - thanks

I'd like to be more positive but we are not out of the woods yet.

"NEW YORK (Reuters) - World stock markets should fall further on Monday after a record contraction in China's manufacturing and service sectors because of the coronavirus outbreak, illustrating the massive potential economic impacts of the epidemic for the rest of the globe".

"Stock markets globally lost about $5 trillion of value last week, as measured by the MSCI all-country index that comprises stocks across 23 developed and 26 emerging markets".

https://finance.yahoo.com/news/china-data-portends-more-punishment-090430920.html

Unfortunately, I don't have enough spare cash to buy GGP on the dips but hopefully, the ones I did buy at 3.05p will remain in profit.

VIX at 47 and as far as I can see that is as high as in crash of 2008 - this is looking very serious (seriously).

Thank goodness we are in GGP down only 28% since the all time of 5.89p

$40 - who says gold does not go down during a market correction?

From another poster:

"Most hedge funds have been hit with liquidity issues due to the crash so you'll often find they will be closing the shorts that are in profit to bank the cash to improve liquidity. That's why you are seeing Gold struggle of late as many hedge funds sell their profitable positions to raise cash and bail themselves out elsewhere.

Gold should be at 2000+ based on the recent market and global issues but instead it's being sold off to generate much needed cash.

If the banks are also selling gold to bolster cash balances then we are all in big trouble as another run on the banks likely if markets dont sort their act out".

Is this a plausable explanation for the current gold price?

Holding up well given the carnage all around. GLA

So what does "any company fundamentals" mean? Suppose you meant 'this company's fundamentals. Anyway good luck GGP holders

Yes it is - Governer of Bank of England has said UK ecomony already seeing impact and it won't be quick to recover.

Oldtimer I hope so as I still hold all my GGP shares. ATB here (and I am watching elsewhere too for that 25p).

Newcrest down 8% - gold down $21 as I write. What's coming for GGP today?

"ftse 100 is no higher than 20 years ago" I read that one reason for that is that UK many of the largest companies pay dividends whereas in the US they don't.

Our turn will come to go up 230% in one day ..... but first where is that 6p?

Perhaps GGP can get FDA approval gold plated cling film!