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Plenty action coming through Savage_KeyboardR
I'm afraid the talks of 10 or 11 or 12p are just not going to happen unless you want to see Ceo AH hit the panic button and shout:
Get Me out of here๐
Anyhow, looking lightly that we should be moving upwards again and get back to where yesterday cpi was hoovering under the 14p tiny resistance.
The trading volumes are raising up faster than expected and ADVFN is showing buy volumes 1,473,705 and sell volumes 432,883.
There's also the possibility of hidden buy and sell trades that will not be showing on the ADVFN trades summary and will be shown after close of trading day.
So, good luck to everyone ๐
Evening TerryM1
You spoke the truth. That's how the stock market functioned in those days and who you know was all it matter.
I damn miss those days.
You definitely had a lucky streak in you to have so much going in your favour. Let's hope we can regain some dignity with this fallen and well battered stock. I just prey we get some breathing space to allow us to understand what took CPU so further down the ladder and almost ending falling right on its arลe.
Catch you all tomorrow before 8am.
I'll have a quick look at the order book to see if anyone is acting the goat in attempting to trick the MM's in going further down then 13p.
We don't another day like today. Enough of it.
Really!
๐๐๐ค๐๐ช๐ป Good Luck All
Amazing gotoutjustintime
Back in those late 80s and early 90s days, London was submerged with so many stock brokers yuppies kind ones with phones ๐ in their cars selling shares like hot cakes. Just about everything that was sold that wasn't aim shares made you loads of money.
I guess today with so much technology being used to have an upper hand on next stock share movement signal, it's hard to know what the stock market and its MM's have planned for us retail private investors. Bring me back to those days.๐
It's very obvious that today was a perfect example of a trader's day.
It got bought from 13p upwards and almost reached 13.94p for it to fall backwards near 13.40p.
I guess we have now a bottom of 13.34p where we should be moving from hopefully tomorrow if those day traders allow it. Gives us a break๐
Hi HHH81
I know that feeling. Not too long ago I was invested in Metro whereby I thought it had reached the bottom and went in with both feet. Unknown to me and being a total stranger to the Metro stock, soon it started dropping every day from 37p right down to 32p and rebound back to 39p. It took 1 week to drop and 1 week to retake the same position and even higher.
Then I realised that had I sold out on the fear of it going further down, I would have lost ยฃ3k just for it to rebound and make a fool out of me.
Thankfully I've learnt my lesson. Anyhow, what stopped Metro from going further down was due te fact that the Brazilian billionaire owns 49% of the bank stock and bought in recently at 30p to raise cash for the bank with more shares being released.
So, that put a floor on the Metro free fall.
If the Capita Ipo was at 12.89p, then that in theory should definitely be able to stop cpi going near there.
But don't take my word for it.
It's still too early to call it done and dusted and off we go back up again and retake as a minimum the 16p territory.
It says here 1991. But please corret me guys. I'm not sure which year their Ipo was launched.
https://www.londonstockexchange.com/stock/CPI/capita-plc/our-story
Currently seen as already happened buy and sell trades which I would assume the sellers have sold and the buyers actual retail customers are now holding the stock rather than just the market makers filling their boots.
Buy 6,193,023
Sell 5,195,843
Unknown 62,290
The above are a mixture of off-book based trades possibly from today and yesterday too. Please interpret with a pinch of salt and allow for a small degree of error.
Also gotoutjustintime, beware that Capita IR department have access to the Bloomberg Terminal Monitor and are able to see if an institutional investor has dropped off or added on more. On the Bloomberg terminal I was able to see last year all the stock brokers normally used by retail customers where the shares are held under the brokers firm name as custodians. It would show whether the shares held on behalf of those retail punters had dropped off, reduced or increased with exact amounts and dates fully in the view.
Without that Bloomberg terminal, all of us I guess, are unfortunately and blindly trading the wheel of fortune.