Member Info for Retour_du_Renard

He’s under huge pressure at the moment from his customers regarding his continued holding. I think he needed to show that he’s still confident.

Personally, i still think all the king’s horses are still trying to put humpty together again , so not sure if technicals are relevant whilst its in this state. Once the stock is functioning properly (and the market is) then technicals can be used , at the moment its a bit like using a drone in a hurricane

The problem is at the moment, it's so volatile in a range that it's almost impossible to place a stop loss within a normal swing deviation. It can be 950 one minute then 870 the next. It's the folly of low volume and it's happening everywhere.

Charts - I think Shore are vying to get the PFG brokerage business. Shore have been under a lot of pressure recently to get more client work, leading to Howard shore the founder and CEO stepping down this year. JPM Cazanove, PFG's current house broker didn't endear themselves to the BoD when they stated on the 22nd August that their Home lending unit was 'worthless', pretty much indicating that they wanted to end their relationship (who wouldn't). JPM have also given PFG a 'Neutral' rating which isn't the done thing for a paying client.

Charts - Numis have been the only broker showing optomisim. You’re better off taking all the TPs and creatinf a median than the best case scenario. Worth poiting out also that James Hamilton of Numis is a friend of the board.

Expect an update from a couple of analysts tomorrow

Charts - The one thing I would say is that , if Friday was supposed to deliver the good news then we might start tp see more news come out this week. I’ve laughably been accused of shorting this stock (I’ve never shorted a stock) , if I did thos would be the last stock I’d consider as it is so erratic at the moment. This is why I stated I want to keep out of it until the dust settles and a proper trend is eatablish

Charts - Don't look at the price looks at the current sell levels once it hits 950. This won't go much beyond this level now.

Thanks Charts - Just keep in mind that this SP is only where it was on Tuesday morning. The expected drop was taken out of it over the preceeding days. Even so, there is a lot of concern about today’s release, even the collections targets have been moved so a comparable performance was difficult to work out. I think if the news was genuinely good , this thing would have got back over £10 instead of only tickling the top of the recent range. As such I think this will cool quickly next week as wider assesment of the RNS takes place. Without a swift back-up , a little like they did after 22nd then I’m afraid those waiting for a quick return to form and repeat of the cash curves of mid august arw going to be dissapointed. Have a good weekend all.

HH - sold some at 775 and the 420 at 903. Made a slim profit but saved myself from the mess of the last week and allowed myself more sleep than most on here.

Charts - As I mentioned before, if today’s RNS was supposed to be the upbeat good news , you have to be a little afraid about what they are holding back. There was quite a bit not covered by the RNS Keep in mind this is the company that pulled a div 2 weeks after announcement and then went silent for 8 weeks after dropping a bombshell on the market. Bo doubt there will be a healthy amount of comment buy the broadsheets this weekend and the analysts have gone away to consider their positions. Interesting times as I said, I leaving it until the SP calms down and I fewl most of the news is out .

I was cautiously optimistic a few weeks ago but the continual lack of communication both publically and via their IR department, compounded with other intelligence made me realise that things were not going well. I think my instincts were correct and I was always very clear why I changed my mind on this stock and just didn’t spam out a lot of mindless deramps like some do on here. Its an opinion, you can take it ot leave it.

Chartist - the price is being pumped again to allow the post close auction to have a healthy mid-point. Watch the size of the sells post 4 o’clock and post close. This will answer why the price is going up. Wouldn’t like to be in this for Monday morning though.

I’ve been out since last week. When it hit 900. Someone wanted to sell out today hence the pump this morning and huge sells. There are too many unanswered questions and that collection rate was against a new baseline. If that was the good news , what aren’t they telling us. I’ve made no secret of the fact that the comms from the company are awful. No one likes a black box. I mighy reappraise a new position was all the news is out and the dust has settled with the SP shenanigans, hopefully in a week ot two. I think the FCA and S166 thing could still be a huge deal.

Judge - Problem is here, we won't find out about large off-book trades until early next week, probably through a number of RNS announcing position reductions. All eyes on Investco and Woody but also some of the others.

Charts / Judge - At the end of it, today was a coin-flip. It either tanked or rocketed. Still not sure why it went up to be honest as the news is hardly great and the market is kind of waking up to the fact this could be the corporate equivalent of the 'Siege of Stalingrad'. Also, a sizeable correction in the market and this thing could still go. But all that aside, I think the management (with the right personnel in place) will turn in around in 2-3 years time but anyone thinking this will be 2500 by christmas (which included myself a few weeks ago) could be disappointed.

Fair point Monsieur Bonks

No disrespect Bonker but HOC needs buys in the 500k range to get it moving tomorrow. This should be 285 in reality , stupidly over sold.