Member Info for steveinhull

3 have reduced so far. Who knows what happens next week.

Ok look at it another way.

If you were not already invested in this share and you were looking for an investment and you came across THG. You did the usual research and came across the broker consensus (Which is gradually coming down) of 45p. It is already at 43 now. Wouldn't that influence you in your decision to buy or not?

To cut a long story short, it's the sentiment these broker ratings cause. It's not if they are spot on or not. If it was only 1 broker reducing then fine, but when they all are, you have to take notice of that.

Question Ryan....if they had confirmed the 310p with a BUY rating would you still think they were wrong?

It's your right to ignore this Ryan. But lots of other investors do follow these numbers. If you don't believe then fill your boots with more shares.

https://www.proactiveinvestors.co.uk/LON:THG/THG-PLC/

Some of these downgrades coming in are huge.

City Spy now Beatville.....seems like the rumour mill is cranking up again.....they starting to go long?

I agree with Hosai. Feels a bit different today. Selling got flushed through this morning. Probably won't hold all the gains but I would be pretty confident we will hold some of it

Suppose the positive way to see it is hopefully it leads to sticky customers once the reduction is ended. But that doesn't always work.

Ok first time I have seen it.

I agree it is hard watching this rise today after holding off but this is the game. There will be other times to get involved once we can see how this goes over the next week or so.

Just had this pop up on my Facebook feed. Not sure what to think of that after a profit warning.

As I said yesterday we needed to see this going forward. Yesterday felt like capitulation and this morning could have been the last flush of selling.

But as we know this is THG so could just be a day trader pump and dump. But any positive finish is a start.

Then next week is watch what the algos do. Are they still playing games or has it ended?

And the shorts. Are they loading up more or closing.

Should be an interesting week next week

Need to wait and see if this is just another day trader pump up and sell off as happens a lot on this share.

210 to 50p.....pretty brutal cut in forecast.

I am the same. Want to add but won't be until we have some signs of a sustained SP increase. I want to see this this algo pattern broken before I buy anymore or it just dead money.

Think people need to be very wary of who they believe on Twitter. If he was really "In the know" he wouldn't be putting it on Twitter.

Latest from City Soy....

" RE: DMs ... Not suggesting the target is THG - tongue in cheek. Thursday night drinks."

Was never going to happen.

So this is the start of the big downgrades. Thought as much.

I said this morning I thought today could be capitulation day and i still stand by that. I think we need to see a few things happen before we can get back on track again.

1) Tomorrow we need to see a recovery. Even if it is 1% up. Value players need to start buying up in anticipation of a bounce. Personally if I wasn't already a shareholder I would be looking to buy at this price.
2) See what the broker downgrades are. Lots follow these figures. So we need to see what they are.
3) Watch what the shorts are doing. Will they load up even more or start to close.
4) Algo traders. We have been stuck in this slow bleed algo pattern for months. Will that stop or is it going to continue.
5) Director buys. Surely if they think it is undervalued then they have to start putting their money on the table and getting skin in the game.
6) Moulding needs to remember he now has shareholders. Not just his friends. Us PI'S who have stayed loyal but being pummeled since the New Year. No more giving shares away to friends or charity until the SP turns around. It isn't his company anymore. It's his shareholders and he needs to be reminded of that

Forget today. It's done. But we need to see a base built from here.