Member Info for Owl85

Yet more market share gained

Some good reading there RKB, I still stand by this one and that it is going to go on to do something remarkable for those on board early enough.

Quite possibly Colin if they have started to be forward sold, I've some maturing this weekend but I tend to hang onto them for a short while for this exact reason ie most people trying to dump their shares on the market on maturation date without understanding what that can do.

Sometimes a small drop in one outside the usual tolerances can spook the algos and they start dumping shares, that's the only explanation I can think of given no news has surfaced that affects the sector.

Quite possibly. Asda announcing a round of price cuts a while back had a similar effect but it rebounded quickly.

They do indeed go up and down, it's the speed and depth of the drop seemingly out of nowhere that's got me.

Something's just knocked around 14p off the SP in a flash 🤷😬

Interesting on the technicals on where this will end up.. top bolly band has opened up hugely. Short term might slow a little as the rsi has held over 80 for a few sessions now.

Closed on the day high so a decent chance of that being tomorrow.

If this gets to around 4p I may well have back in here. Think a lot of it is traders moving on, or people not appreciating the timelines, it isn't going to hit the big time next week.

I'll go with this week.

As a guide the last time it sat above £5 was late 2011.

Just gone. It's on the march again. I'm inclined to hang onto my shares for a bit after the saye matures and see how much further it goes.

Closed on the day high so hopefully another good day beckons tomorrow.

Wayne - I do 5 year ones and try to maintain a cycle of one coming up per year, this year's is a good one, the one due in 2yr is going to be a cracker if it maintains this.

I cancelled what would have been next year's to double up on that one.

Think it's gonna have a crack at the 52wk high, possibly even before close, but I understand wanting to lock profits in. 12% not to be sniffed at.

I think it was just generally oversold as well, the reaction to Xmas results was ridiculous.

Depends on the option price for SAYE I guess and expectation for future SP as to which one provides better value. Remember the BAYE needs to be held for 3 years to become tax exempt with the risk of the SP dropping away whereas you're guaranteed to at least come out flat with a SAYE after 3 or 5 years.

Personally I'm a little wary of putting too much more into BAYE as it stands as the SP is trading pretty high in it's historical band stretching back many years, but that's just my take.. it may go on and break new ground north of £6, who knows. As time rolls on and I look to buy/hold/take divs for extra income instead, that may change but I'm not there yet.

Onetomany - absolutely, I'd rather take successive smaller gains then end up with nothing or a loss chasing a huge spike that evaporates as quick as it happens. Remember doing that with AMC many moons ago and missing out on what would have been a very handsome profit, chasing a ridiculous profit that never came and leaving with beer money in gains instead when it dropped back.

Got to admit I dropped this like it was hot at 6.6p on the initial surge and took a decent profit with the expectation that it would drop back like so many a share has in the past that I've got greedy with and held on to for too long. Instead this one has kept going. Let's see what you could have won and all that.