The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
It's ok T4G ,my comment about last five was nothing to do with profit warnings or anything else except T.A..Running out of time was to do with a thing i have been working on for years all about time.I wanted to find out if anybody knew what i knew,and could help.The real bottom could be near,but to my calcs it needs hurry up.
In defence of people on here,(including T4G),i have to say that if an investor got things right all the time they would be sitting on a beach and not posting everybody.Nobody has a monopoly on truth and being right all the time,so stop ****ging each other off.This is normally triggered by a poster disrespecting another poster.
Can u imagine a conference of Unit Trust Managers drinking after a conference,and one makes a statement and another jumps up and says "You talk a lot of s****,you t****r".I think not.
One more thing,one poster posted and said Boohoo had little or NO DEBT.Another posted that Boohoo had a LOT OF DEBT.The moderator on here should have examined the facts,removed the incorrect post and issued his own post telling posters the facts.To my memory i have have no idea if BOO has massive or little Debt.Nobody has issued a statement of FACT
Boo either HAS or it HASN'T a lot of debt !!!!!,can't be both!!!!!,A statemant from the moderator on here would help,can't go around checking everything posters post on here!!!!!.
When and at what price do you now think the bottom will happen ?.Based on your latest calcs.
It's running out of time.It'll head South,and then..........,any thoughts anyone?.
So why is the price the same (virtually)?.
Yes,He could clear up a few things ?.I have got a few of the bounces correct (even the last top at 48p).The more we post the more we find out who gets most calls correct.Then we look at what they are saying (price predictions).
Then we can ALL on here make a decent decision (along with our own) as to when to invest.Surely this is logical!!??.
jtan let us know WHEN you get a buy signal on your weekly chart.Investors need to look very closely next week.
Support is at 25p.Many posters worked that out and posted weeks ago.Whether it will pull up short at 29p is anybody's guess.But the most important thing is that it get's moving next week,probably after a sharp markdown.Running out of time is Boo.
I'll ask a QUESTION.How many 90% fallers recover and double or treble in price after hitting bottom ?.Anybody have any figures on this ?.I an looking to buy,but all information has to be analysed first,and percentage plays adjusted as to how much to invest.
and once again apologies for the mix up.
Apologies ,my post was directed at Squid,gets confusing after a while!!!!
omg,i asked a QUESTION.I did not make a STATEMENT.I did not get "this idea" from anywhere.As i said in my post,
"i'm trying to cover ALL the angles".I was once given by a broker a share that had 150p of asset value,it went bust!!!,the same as they said about Rolls Royce,Burmah Castrol,and Marconi (recommended to me at 300p!!!!).
So because of this,i asked a QUESTION.Hoping that some well knowledged poster would put forward a solid STATEMENT of facts and figures laying out the fundamental impossibility of Boo going tits up.
As i've said before i'm looking to BUY.Why is this oh so difficult!!!.
Your reply does not have a lot to do with my question squid.Come on guys let's get on point,communicate.
jtan,surely this isn't a reply to me?.Got a bit mixed up there,no problem.
Come on guys,none of us get it right all the time.So let's stop arguing and get down to what's important.
The important thing is that we catch the bottom.This week especially as there could be some announcements that makes it neccessary to keep a close eye on the S.P.
If you buy lets say a unit trust based on the ft 350,it won't go bust.But an individual share can!!!.So i ask,is there any chance of Boo going bust (or effectively our shares when we think we've bought at the bottom,becoming worthless ?).
Not much point in buying if they go to zero.So is there any chance of this happening ?.I am not for one minute saying that they can or will!!!.But i want to cover all the angles,so i'm putting this question out there as there are many posters on here who are more savvy than me that read balance sheets et al.I'm all ears.
I'm looking for something to happen to move the market in the next two weeks.Is that a DEFINITE that an announcement will happen this week ?.Only from what you say i can't work out if it's a may or a may not ?.
Anyway Good luck and fingers crossed.
When are the next updates,news,figures etc coming out,that are likely to affect the price one way or another?.
Agree with what you say.What we don't want is shorts increasing,but as many have said on here,at these levels the percentage moves get very dodgy for them.I can't see them increasing at all!!!,simple as that.
Sometime it will bottom,as i have said before it needs to be watched very carefully from here on in.
I believe i asked this question before and i can't remember if i got a reply.As shorts are down to 5.6%.I would have thought that this would have been reflected in the S.P ?.Yet it's circa 38p,Should it not be higher than this ?.
I welcome any answer,and to add that i am looking to buy sometime,but obviously i'm hesitant at the moment so i welcome any guidance regarding my question.
I posted and said it would rise to 48p,then it would go to 40p ,and that is exactly what has happened.
As i have said before the rallies are so weak it can hardly reach resistance points without backing away as it was contagious.
This is so weak on the chart.What happens now?.I doubt if we will see 48p again anytime soon.If we do it will more than likely percentage wise that we head south again anyway.
As i have said in previous posts,the rise from 31p broke down and the chart turned bearish.We must although be aware in the next 2 weeks of a possible spike down.
Any sharp move below 30p should be seen as positive,and it would be up to everyone to decide on what they should do.
I would definitely not sell!!!!.I don't think it has enough time to go below 30p in this time frame.BUT, keep a close eye on things in the next 2/3 weeks!!!.G.L.A.
Thanks,very enlightening as i'm only a novice at T.A.You have been extremely helpful with all your posts.
I'm still trying to get my head around things ,such as the Elliott wave and extensions, and the dreaded A B base !!!!.
Once again thanks.
I see your calculations,since 31p hasn't it been a 3 move correction and we are in the third move ?.As far as i read it when it hit 53p the move up then broke down,so i read it now as a Bear market rally from 31p.
Do you see it differently ?.
and it's gone from 36p to 48p.Surely the price should have gone up more ?.Is this true that shorts went up today ?.
If so it happened after it hit resistance at 48p.Is this not a good sign ?.
A question,not a statement.