Member Info for steveinhull

He should be sending a bundle to his PI as a thank you for holding onto the stock while it tanks every day.

You know you are a THG shareholder when you can celebrate smaller losses than usual :)

65p incoming.

Think that dude who wrote that article deserves an apology.

Normally I would start filling my boots right now.....:)

Could see it coming unfortunately. Only way this stops is with a block buster strategy update. The algos are ripping this to pieces.

Still needs to break the 10EMA to start a run up. Still currently under it

And before here starts ... I was not paid for this thread.

Hmmmmm. Does this change the narrative that much? I am not so sure.

And why suddenly is the SB option being dropped seen as a positive when lots in here have been pumping it as a reason why the SP should be higher?

I think this is a case of investors just grabbing into ANY news and trying to see it as a positive.

I am not convinced this moves the price up until the company comes out with positive strategy updates

No wonder SP has been silent. That was one of the things on his fantasy ramp list.

Get a life you have been saying that same crap for months.

Doesn't look good. 65p incoming this week by the look of it.

How far is this going to drop? Seems to be no end to it.

Starting to look like 70p is now acting as resistance.

On the first day I bought this I put in a 10% stop loss. It proceeded to go down by over +10% in just over 2 hours and I was stopped out. That should have been a warning sign but like an idiot I got in again 2 days later.

That is a true story. Sounds made up I know but that is the life of a THG shareholder.

That happens a lot. There is a term in technical trading that off the top of my head I cannot remember.

Wouldn't surprise me.

A part of me thinks that it cannot go a lot lower as so much has been lost already. But just when I think that it drops more. The shorts must think it can be pushed lower as they are still loading up.

It is a long way off till results time. God knows where will be in September.

It is stuck in place right now. Something has to give very soon.

It is a battle between the 70p support and the 10 EMA level which is 73.23P. One side will have to win this week as the 10 day keeps on moving downwards day by day.

You must mean support.

Still holding on. It has to break above the 10EMA or below 70p soon.

On a knife edge.

Anyone who uses technicals should be able to check their own charts and see the same....

Positive = We have had strong support at 70p. Has been hit multiple times in the last few weeks and has held so far.
Negatives = The resistance seems to be the 10 DAY EMA. This number is dropping daily. It now sits 73.74p This very tight trading range will have to break at some point either to the downside or upside. If the market takes a bad turn this week then it is pretty obvious which way this is heading. Sadly even if the market has a good week there is no guarantee it will rise as we have seen in the last weeks SP movements.

Also it is a head scratcher that the company itself is staying mute watching the SP head downwards. That is starting to bother me and I am wondering why. All the strategies that have been announced so far and nothing has happened with any of them. It is almost like they don't care about shareholders.

I share prepare for the usual suspects complaining I am a paid de-ramper.