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Well that didn't last long, anyone know what happened to cause the share price to drop back down? This share is still technically hugely undervalued but it is an absolute dog.
Haha! So accurate! At least the one in charge of Aviva doesn't also look like a strategically shaved orangutan!
That makes sense to be honest regarding how the share price moves. 2.40 should see you a nice amount of profit though regardless of when you choose to hop out!
Aye. Same, I've not long had CDM but it has gone down slightly since I bought but otherwise remained very stable. I've never owned another share with so little movement.
Yeah, most reviews for PC3 seem rather mixed but the general feel is that it has stepped away from being a pure driving/racing sim and is attempting wider appeal, difficult market to break into with house hold names like Forza already occupying that space but we'll have to wait and see!
Most analysts have a price target over the next 12 months between 4.15 and 4.88 so hopefully we'll see some encouraging movement after the release. Still a very unusual rise and dip from what is normally a very steady share.
Straight back down today to the exact price it was before the rise. Seems a bit dodgy?
What the hell just happened at the end of the day, not that I'm complaining but that was rapid. 14p rise seeingly out if nowhere
https://simplywall.st/stocks/gb/retail/aim-boo/boohoo-group-shares#health
Oh yeah, this share and company are dead in the water, how can they possibly recover from a slip of a few pence, all down from here chaps. Note acerbic sarcasm.
Yeah I do, I think I bought in at that point and then topped up a bit more when it continued to rise at around 70p, hence my profits being chewed. Not looking to sell though as I don't think the current price is a fair valuation of AML's stock.
Sounds very likely to be fair, trying to shake people out of the stock before another rise.
Any idea why it's fallen so hard? It's clearly not been due to news, all the news coming out of the company is positive! Seems I bought at a really bad time, my profits have been chewed up!
Anyone think this is going to fall further before it rises again? Other than the general market fall I can't see why it has fallen with all news from the company being positive. Classic shake 'n' bake?
Fair point about FTSE being up, some of my other shares like Boo and Aviva are up today but there are quite a few companies that have struggled today after the announcement.
No, genuinely haven't seen a negative one.
Time to hoover up a few more shares if you have the spare cash, official announcement that we are indeed in a recession has caused a largely market wide drop. Provided this government stays true to its word (lol) and doesn't resort to austerity we could see a quick recovery, especially if there is a stimulus package to get people spending again. Don't kneejerk sell!
https://www.theguardian.com/business/live/2020/aug/12/uk-gdp-slump-recession-covid-19-q2-june-business-live
Yep. Reports of an official recession have caused this drop. Definitely the time to top up and/or hold, prices will rise again, especially if this government stays true to its word (lol) and doesn't resort to austerity, instead if they look at a stimulus package to get people spending again we're good.
The market is down as whole due to politicians in the media, including Johnson and French PM saying the economy could be in for a bumpy few months due to persistent affects from COVID. Prices will increase again.