Member Info for steveinhull

Very true about IPOS. Only ones who benefit from them are the early backers selling their stakes for a massive profit. Once retail investors get involved at the top the value is gone. Think that is a known fact. Can be why investing in early stage funds and trusts can be a more profitable venture.

If you had shorted all the recent IPO'S you would be minted

If we are looking for positives on the SP front here goes.....

There seems to be strong support at around 70p. Tested it a few times now and has so far held.

The algos seem to be trying to keep it under the 10 EMA. Every time it approaches it the sells are triggered. If we break that the we can go on a run.

Dyor.

The GOLDY indicator normally means a screaming buy.....but so far today.....it's off

Maybe, just maybe, it's not some giant conspiracy that a few in here seem to want to believe, just just a poorly performing SP mainly because the company is terrible at keeping to plans and just awful at keeping the market informed.

Well looks like 70p held again. And now a little bump up.

Thanks for your input king ramper.

Looking at my basic order book on Ortex there is a lot of sells lined up at 75....which happens to be the 10 EMA level again.

It's touch and go but 70p does seem like a support level. But it starts to try to rise and just gets smashed back down again

We are JUST staying on this level. Seems to have some support. But for how long ?

Maybe THG should be communicating this to calm the market down. Seems only the most recent one is being believed.

Don't hold your breath. They are notoriously poor at communication. And even when they finally do nothing they promise happens

Beauty split meant to happen first half of 22....not even mentioned again.
Golden share giving up.....nothing.
Main market listing ....nothing
PE take over .....nothing.
Going private .....nothing.

Worrying times. Need buyers to come in at 70p now.

Ask yourself how a share price can go from 800p of 72p.

Maybe, just maybe the market knows more than you do

Us PI only learn these things when it is too late.

Not opening the books was a worry. Gave the impression something was being hidden. But the director buy gave some confidence on that front.

Guess time will tell with the September update. A lot hinges on that now. But if business was going so well you would think they would let the market know now before the Sp falls any further.

Me too Ste and I only bought more shares yesterday.

I am basically writing off my 185 position (Oh why didn't I sell at 150 and take a loss a few weeks ago).

One look through the broker ratings everyday shows that most price targets are being cut over the last few weeks. This is to be expected as the brokers are now just catching up with reality.

I think the real insight is how overvalued most of the recent IPO'S were. Nearly all of the companies floated in recent times have been smashed to bits.

Well the 250p thing was that crazy conspiracy they were floating that hedge funds were anchoring that price in the minds of investors.

I bought more yesterday. So is bound to lose 10% plus this week as my timing has been shocking on this share. Just when you think it won't go down anymore.....IT DOES!!!

If memory serves it was in the 80s when he predicted that number. The Uber rampers started screaming. Where are we now?

Looks like that guys 65p prediction may be heading for reality.