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Aether, this is my SIPP pot...so can’t touch it for a few years so happy to wait. If my trading pot had fallen so much I would have sold a while ago. I have strict stop losses (on trading) and don’t simply move them down to avoid a loss. Too many have lost too much with that strategy and averaging down, etc. Psychology of trading is more important than chart/TA knowledge imo. ATB , Scfc
Scoop, he is not very bright and incredibly pig-headed. Not a good combination. I’ve no idea where this will end but applying logic to Trump never works. More tariffs and everyone suffers, USA, China and the global economy...and Glencore shareholders!!!!! Scfc
These aren’t after hour executions. They are simply reported after hours, as allowed under LSE rules, often due to their size. It simply confirms the SP was much higher earlier in the day (when the trades took place). ATB, Scfc
It’s good to let off steam...and I can see you’ve doing it a lot today :-) I can’t blame you! Fortunately I have different strategies for my trading pot as compared with my SIPP. I have a holding at c300p average in my SIPP but no shares in my trading pot so am lucky in some ways compared with others. As my pension is some years away I’m not too concerned but still v irritated with all this nevertheless. Trump is a fool and he is the biggest issue at the moment. He really is not very bright suggesting the tariffs cost the Chinese and not the Americans (consumers and businesses). Scary that he is in charge of the biggest economy in the world! He really doesn’t seem to understand how import tariffs work!?! ATB, Scfc
Billy, I agree with a lot of what you say in potential and that it’s now oversold but it really isn’t being manipulated. Who and how do you think this actually takes place on a FTSE top 25 company. This isn’t AIM. I’m as frustrated as you/others but it really is as simple as supply and demand, and sell to buy orders are significantly outweighing the other at the moment. It can be seen on the order book throughout the day. When it spikes up, the trend briefly reversed. The PI just has to sit and watch as the big sell orders go in and drive down the price...the investigations, Trump, metal prices being hammered, poor Q1 production is all the ingredients needed for a price fall. The fact that it is stamp free means it’s much easier to day trade/scalp. ATB, Scfc
I agree it’s overdone but with all the negatives (Trump, production down, uranium issues, metals getting hammered) you can see why it’s falling and the big boy/hedge fund shorters can drive it down and make huge profits from those who sell and have had enough of this share. Scfc
Seems he’s just reiterating what he said the other day but nevertheless another chance to pull the price down further. A shorters dream at the moment...the high 270s seem very close, and from c345+ just 3 weeks ago! Amazing!!! ATB, Scfc