Member Info for Paddyboy1

Ridiculous if people think this will avert the need for a cash call. He has not even guaranteed the April openings. That is the earliest possible scenario assuming all goes well with vaccines etc which recent history tells us it will not. A false rise tomorrow based on naive hope but the plunge will surely continue as the Government has given themselves nearly 2 months more to send companies into bankruptcy!

WMMG, i'd love to believe Boris's promise of back to normal by June & if the market believed him this would be £4 tomorrow. Experience tells me that BoJo is a clown & full of BS & i imagine we'll have another lockdown again. Should be a short term rise here though up to my magic 330 level at which point i'll be slicing a few of these as i want to buy a new car LOL

yes, hopefully tomorrow could see this really breakout with a bit of positive news on lockdown etc!

330 by Friday

Timy, point for me is, why trade BP when there are far more volatile stocks out there which don't charge stamp duty on transactions (e.g. PFC, IAG, Glen) Those type stocks over far better margins with still fairly low risk. I'm personally in on BP for a LTH. For sure may top slice a few in the 300s but my bulk holding is in an ISA as an income earner & hopefully double bagger when i decide i need the cash

zac, i agree on that. I never seen BP as a share for trading. Each to their own but much better options out there if daily ducking & diving is your forte. I only ever trade stocks with zero stamp duty personally but i don't really bother much. The long haul brings in the real returns IMO & less labour intensive or stressful!

bit of a bummer this dip, but it's pretty much been market wide anyway & a lot of ex divs today. Bottom line is this jumped back well swiftly from the 101 lows so i'm sure will be on the up again soon. 170 minimum for me on this one. Lost count of the amount of times i jumped out too early on stocks only to see them soar away!

Been watching this share for 3/4 months. just waiting to have a little dabble! God loves ya. The share dropped nearly 70p 3 weeks back. Do not invest in anything mate if you didn't see/were too scared of that opportunity! this is not the gig for you. Believe me, you'd be posting SOS messages every time it dipped a few pence. Stay well clear!

So retail may open in mid April according to this article. If this is a best case scenario, it's worrying what a worst case one looks like. This company must be bleeding so much cash at the moment surely a cash call would be needed even in the event of a best case situation. The tills rattling & it feeding into the company finances is not an overnight process either. This is looking a more risky investment proposition as each day passes. Can't believe how the SP is holding above 30. Ill perceived positive sentiment. Sure to end in tears & losses!

Yes BLC, TBH i was thinking of maybe taking the cash & running as got a decent little profit here but was looking at the graph after vaccine announcement & concluded it would be crazy to bail out here. There's clearly a lot of headroom which i see no reason why this share cannot reach within really a week or 2. I'm leaving this now till 170 minimum then review again. Might just throw this one in the drawer & forget about though as i feel it could really go high if things start going it's way!

have to say this share does behave strangely. Just hovers around at a level for ages. Does seem to be manipulated a bit this one!

Well Danny, it's there in black & white. They're not buying are they? in fact this II have sold 4% of all the shares in circulation in the last 2 weeks. About 16 million in total. I don't think they're selling at a profit, do you?

II cutting & running before being asked to stump up more cash!

Hoping Josh managed to jump in on this today!

Ah Messy, long time no see. You still dissing IAG & RR boards? LOL I don't think i ever seen you talk up a stock but you seem to like PFC. Is Josh Smith an alter ego perchance?

i would be a bit careful jumping in on retail just on a shops reopening announcement too. This Govt keeps flip flopping they'll be closing them again 2 weeks later. Look how they've messed about with the airlines!

i know the headline news Danny. Increased revenues etc. However look at the P&H saga earlier in his tenure. Stopped using Nisi as supplier preferring P&H who then went bust. Whole supply chain nearly seized up. Anyway he joins at start of March so interesting to see his initial statements. I'm not anti CARD, i assure you. Just cautious that's all. Been burnt on some shares before so for me entry level is all important. This one will either be a triple bag or a bankrupt so treading with caution!

Danny, not really sure about this new CEO. Only time will tell. His stint at Costcutters wasn't so great when you read between the lines. Changed suppliers to Palmer & Harvey, just when they were about to go bust. Interesting story that one! Clinton Cards . Well i'll overlook his stint there. Not the mot inspiring CEO appointment at first glance IMO. Big changes needed at CARD i believe but if done right could be a winner. Just need to sort out the imminent cash situation first!

CARD will be a good long term investment if either the banks allow it a further credit line or it raises more capital. It is really that simple. Many investors got in here before the trading update so paid a high price. Everyone should DYOR but no sense in buying in here until the company's survival is made more clear! A few pence rise which only reversed the previous days falls is NOT a trend reversal but some on here baying with euphoria. Very naive!

Kallumama, i anticipate a dip to 20p on RI announcement, that is when i will buy in here!