Member Info for Robina

Last week i observed that we seem to have a mini-rally and that is continuing albeit by a penny or so a day. Let's not knock it, since I've also feared it may de-list and fall to 6-10p!

I am wrong 100% of the time. Beat that.

Anyway, what to make of the all the unknown trades at the end of the day? It seems that sells always exceed buys, but does this exclude unknowns?

Re Bp. I'm wondering if we'll every get back to £5+

If you look at the long term chart and consider it to be like a past weather pattern or something, then we'll go below 200 and any recovery will be a year or so. What's new though is the interest rate environment, Brexit, war in europe, climate activism, immigration and a govt that can't do anything about the dire state of govt borrowing. So it seems unlikely that we'll see any appreciable recovery in any of the bond proxy stocks. Only if you buy at the very bottom will you be in profit. That's all obvious of course. Just imagine if they cut the dividend as well! Small caps could do better but choosing the winners is like a lottery. Looking at the big risers they are mostly obscure companies and it's difficult to see how anyone could predict the rise from the information leading up to it. Well that's my view anyway as a know-nothing.

NOT

Shorts have shot up to over 1%

The EZJ sp and those of the likes of AV.,LGEN,PHNX,BARC.....etc are all proxies indicating the state of the UK so results don't matter.

Now we have a national debt of 2.6T there is really nothing the Govt can do other than look for more ways to tax people. As that resource diminishes as it will things will get worse and worse.

Nolo your sentiment is as my own. Long term, however, I s'pose 10p or so either way in terms of further declines ain't gonna make much difference.

Isn't AI a bit of red herring? AI just means computerisation/algorithms.

Anyway, there seems to be a continuation of what looks like a mini-rally but it could just be a blip on the overall downtrend. As long as punters take a bet on the bottom being reached the sp will be kept afloat. Who knows. Not me - I'm always wrong. Everything must now hinge on the next trading update.

What I wonder is whether shorts are greater than shorttracker reports.

Notable that shorts have increased since June. The stats such as P/E and dividend yield would indicate massive undervaluation. Tempting to swap money from other investments into here but would need to top myself if we end up at 200 or below as a result of doing so. Will at least wait until after tomorrow.

Another sucker mini-rally underway?

Checking back in here - no sign of a 700+ share price. Future looks positive according to Simply Wall st. So next stop 400 I suppose....

There won't be another lockdown - either that or half the population will have to be dead before they do. Too much of a hit to the economy. We probably won't recover from the increase in the National Debt as it is.

Regarding the EZJ sp, a fall from 1500 in 2015 to today's £4.30 takes the biscuit. To me it indicates the decline of the UK rather than this particular airline per se.

The sp is less than it was 5 years ago albeit there's a been some large ups and downs along the way. Other than getting in on these big falls it's pointless investing in the FTSE. If you look at global funds only a few % is invested in the UK.

I thought it was opportune to buy Barc when we had the big drop a few months ago but needless to say it's sunk further.

I'm sure that if I kept averaging down we'd end up at 0 in order to accord with the law that says I can't make a profit!

I'm wondering what will lift the sp and whether it's worth sticking with it!? It's come down a lot since April.

Nolo that's funny.

1st Mar 2015 sp = 1882

So let's consider whether it's a good investment....hmmm

To be fair that's really the story with so many UK stocks. Maybe it just reflects bankrupt Britain.

In Mar 2015 gross govt debt = 1.6 billion.

Now 2.5 billion.

I too think 146 should be about right - apart from the fact that S4 looks like it's on the market's 'kill list'. Relentless selling will never stop it seems.

We have kept above 90p today as the FTSE is making a recovery attempt at the moment (like the FTSE is some self contained entity which of course it isn't).

I think it'll wiggle around here before diving back under 90.

I thought it was to reduce the qty of stock in the market thus reducing potential dividend payouts.

Difficult to imagine the drop in mining stocks stopping looking at the chart. It's as if a new long term de-rating might be being set. That would be typical for me as I've bought a load recently.

The whole market is bad but the market really has it in for S4. I suspect there is something we're not seeing.

At this rate my doom scenario of 6-10p isn't that far away.

I sold and then missed the potential buyback opportunity a week or so ago. If we can just get back below 450...

Absurdly, just over a month ago Barc posted a tp of 270. I try to imagine the idiot sitting there who entered that figure.

We are surely in an era of stupidity, wokeness and all the rest of it.

Where it's at is with oil stocks. Despite the green agenda oil will continue to reign supreme as nothing else works at scale.

It's kind of like the condemned comforting each other. The same is still true with Vodafone. My prediction there of 91p a while back brought on no end of vitriol and now look. I am well underwater with S4. If I sold it might recover. "Why don't you then?!" It's because of the most powerful law of the Universe - everyone knows what that is....