Member Info for Pokerchump

Contango, you have this as a strong buy but I’m not seeing anything in the results or price action to have the same opinion. What your reasoning ?

I’m sure a TA expert could fill in the blanks ? What’s the time frame this H&S pattern resides in ?

what tf is this head and shoulders pattern you have called out ? is you just talking ****** ?

This share is going nowhere except drifting down. Something needs to change to change sentiment. The whole market is a dog’s dinner at the moment.

On what timeframe are you talking Guttersnipe. I see no such pattern.

Isn’t it ex-divi today and it’s not dropped by the relevant price ? Am I missing something ?

Any thoughts on the drop today ? Anything to do with the drop in inflation ? Apparently food prices have dropped but Sainsburys gained today. People booking profits and we’ll be back on the rise again or have we run out of steam and a reversal is coming ?

All trades do have both. For a buyer you need a seller. Price moves upwards because buyers are more aggressive and instigating the trade (demand > supply) and it moves downwards because sellers are more aggressive (supply > demand) and instigating the trade.

Never understood this share. The buys often seem to outweigh the sells yet it goes down in price ? Always seems to be the inverse of the laws of supply and demand !

Why would so many shareholders sell at £4.22 if that’s the price they can get on the open market ? Surely you would want to sell at a premium to the market price ?

Am I missing something ?

I believe this has hit around the low now. There may be a last push down to just below 70 to clear out the final ‘weak hands’, but I think we’re in a clear accumulation stage and will start the push upwards in the not too distant future.

Back in Feb the announcement wasn't imminent. Last week it was - some people would have taken a punt on that and been disappointed by a complete and utter wet lettuce.

Day traders live and die by a few % spike like that.

Not if you bought just under 72 recently and sold the spike at over 75. A nice 4%-5% there.

What’s that saying ? Buy the rumour and sell the news or something like that !

Classic example here.

The Yanks will do us a favour - for once !!

Watching this lose all the initial gains is pitiful. We this pain ever end ?

This is just another CNA, BT, TSCO and a multitude of other stocks that hit multi-year lows. The tide will turn, it’s just at what level.

Lots of money to be made if you can get the timing right.

i never have understood the pleasure some people get from enjoying other investors losing money with a dropping sp. shorting doesn’t bother me particularly, as everyone makes a few quid as they see fit, but people like jackass, (sorry jax05) and gob****e, (sorry guttersnipe), really are the dregs of humanity.

I was going to buy in but this is taking the ****. I bought a couple of Rolex watches instead. If they go down in price, we’re all screwed !