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So GLG Partners have added to a short position they have held since 11th November 2022. Back then they reduced their position down to 0.42 per cent. Yesterday they raised their position to 0.50 per cent. Are we heading for our annual December decline ?
If we can end the day today above 155.1 pence then there is still the possibility to claw back our losses of yesterday during the next month or so. The autumn statement may also serve to boost our prospects providing Hunt makes enough positive decisions. My clown of the year Bobbins2 is definitely Andrew Bailey but Boris Johnson is up there with him.
I think the value of our respective investments will be the least of our worries if this hugely worrying situation continues to develop. The Russia, China, Iran, North Korea alliance is becoming an existential threat to us all.
It has come to the attention of the official POTY committee that unknown bodies/body have illegally been awarding accolades that do not carry the official POTY seal. The committee has today held an EGM to discuss b..gag all thoroughly. The committee has decided after much research and consultation that The poster Bobbins2 should retain the title mainly for the now legendary Friday night post pub drunken rants that have helped all fellow posters and readers through those long weekends while we wait for our investments to decline further on a Monday morning. Without Bobbins2 I think many of us would now be six foot under. Incidentally, we are now in week ten since the previous results announcement, eight of which have been red. So Bobbins2, please step forward to receive the official POTY gold medal for service to beleaguered IAG investors. Thank you.
I wonder how much wealth erosion our esteemed share traders have in mind for our bombed out investments today ? 144 pence maybe ? No, how about 142 ? Another full lockdown is the best way to return our share price to 250 pence, not common all garden multi billion pound profits before tax !! Who wants that !!
The value of British business is not being fairly represented because the London Stock Exchange is failing to attract global investment. The London Stock Exchange is itself being sold off, what chance do the constituents stand ? Our wretched Government is destroying our whole economy before our very eyes !
Cheerful Charlie over at Investingcube has written some more pearls of wisdom to make us all feel better…………………not !
https://www.investingcube.com/iag-share-price-remains-sideways-as-uk-equities-extend-gains/
Hi Bobbins2, there is always a solution to a problem. Here is ours -
https://www.telegraph.co.uk/business/2023/08/17/under-50-time-jump-ship-leave-britain/
I cannot believe that any nation in the World would seriously consider further lockdown restrictions again given our significantly improved understanding of Covid. This will not stop global travel but lack of expendable income might.
For the latest assessment on the state of the British economy and more specifically the immediate future prospects of the IAG share price please refer to track ten of the latest Muse album ‘Will of the People’. Thank you.