Everybody26 Apr 2018 00:53
Yes you did GS I forgot .............BWD total agree re never buy before 9 am then wait a while for the profit takers. If you dont get in at the right price so be it........ Plus Boo has been a very volatile share in the past!
Good luck to the Pi's that held them and even better if they bought at 1.40, they must have thought it was Christmas morning. Technically though its still in a down trend.
Its one of those shares that if you have a spare grand and dont mind sticking it in a bottom draw , then come back ten years later to see if its done any good.. ( like ASOS).
Task IQE been following in it for almost a year.......... it was one of the most shorted shares of the year. I think it was
Marshall Wace that shorted it most, now it Colltrane Asset management who are hammering it in to the ground approx 9% shorts by the big boys plus some smaller ones by hedge funds and PI's.
Its a good company from what i have gleamed the heavy shorting doesn't make a deal of sense.
Task went back into FTSE picked up some more points on the bounce short .. not a bad day
Pub grub and a bottle of wine ... GL all