difficult to suss out where this share is going on such ridiculously low volumes. I tried a couple of 5k dummy sells in last couple days & get NT. News will bring liquidity here. Up or down is the big question i suppose!
You’ll know they’ve exited if the spread here narrows. Broad spread will have deterred PIs buying here. The ASK here is sometimes 4p higher than the ticker price. I noticed it has been narrowing lately!
We all know there's been a big seller in the background holding this down. If this fund are now completely out it could bode well for the coming weeks.
JTD, they've already got big contract with Clifford Chance. Those type companies wouldn't use Loop for no reason! Am i right in thinking we should get interim update here on Wednesday?
Personally i think peeps should cut the moaning. This share is hugely undervalued. All the fundamentals here indicate the SP should be far far higher than the current levels. Now is the time to buy these or just comment elsewhere. I've seen stocks play around at ridiculously low levels before & suddenly boom when the realisation of true value dawns. Even if this company isn't trading too great at the moment, the share are just too low priced to ignore. I will just sit on hold my stockpile of these until the boom comes. GLA
HC, agreed shorts are not always correct & at times they rightly get squeezed out & lose big. The problem though is their presence as they keep attacking the SP relentlessly down & BR are the worst for it. Personally i was happy to take a position here at 250 & still think it's value @ that level in the long run. i only bailed out due to the shorts. Wil watch where this goes next week & will reenter at some point either way!
Bas 24, if you want zero stability don't invest in stocks & shares, put the money in premium bonds or something. Money is made on volatility. If you can't take the heat, don't enter the kitchen, simples!
every share bounces at some stage. Some peeps here thought the tide had turned a few weeks back when it went to 80p & the joyous sentiment on this board then reflected that. People were harking 150 tomorrow etc. That day will come again & hopefully be more sustained next time. Personally i've got 10s of 000s of these now, all at below 70p so just a case of sitting tight really!
I've built up quite a big holding here now on these recent falls. Bizarre share & maybe not a good decision but my instinct says this really must bounce up from here at some stage!
I was looking at getting back in here the other day when it dipped to low 220s. Thought better to wait for the results just in case. Glad i did. Today's price is a bargain however with BR already in with a vengeance, they will clobber this further on those earnings figures. Will look again when nearer £2. A great long termer this one but on the drop for now IMO!