Member Info for steveknowsnothin

I think the FOMO will start to kick in for the people who exited between 370 to 385 when the chart starts to show stability again and there is the option of a 20p gain at minimum.

I don't think it will shoot and I completely agree with you that what we need is a stable rise to fill, most probably with another shoot at the end and dramatic drop.

Probably one of the most valuable lessons, which unfortunately I think I already knew.

The important thing now is that the price isn't flushing down in parallel with the main market, hopefully signalling a reversal.

And I know we don't like to talk about it, but I am seeing a decent amount of 30k+ buys coming in now.

As a couple of people have said, it's the fundamentals that matter in the end. Forecast in the last couple of interims has been way under what the actual result was, with the actual being near enough what the interim increase was.

@Anglaterre if you are not in any way shape or form comparing Bohoo's supplier problems and investor sentiment to any of those companies, then why even mention them. How do any of these even compare or come into the conversation,

polly peck - Am accountancy scandal leading to the business collapsing with debts of over a billion

enron - Where leadership fooled regulators with fake holdings and dodgy accounting practices, which pretty much started a financial crisis.

Patisserie Valerie - A £94m accounting scam leaving the business in administration

Honestly, look what happened to the share price when the report came out, the price skyrocketed.

You need to have a good hard look at yourself in that basement matey....

Or alternatively it's just a handful of different big money players taking advantage of investor freak outs.

Without being able to analyse the order book after the fact. I honestly might just be seeing shapes in the clouds.

I do not have any clue whatsoever, I just hope that my assumption is at least half right and we see an RNS tomorrow or monday to show that there is a new significant holder in town.

@HereKittyKitty or alternatively a broker starts filling layers of small orders on the sell sides of the order book in order to take prices away from the touch in order to move the price momentum downwards, with only a small amount actually executed. Followed by a re-layering at lower and lower prices, with the market taking that as a flash sale indicator.

It is no coincidence that the top 10 trades today, totalling 77.7m were conducted at an average price of 358.16, with 90% of those conducted after the drop had happened after 3pm. Does not really make sense right if those were sells at that price? So they conveniently managed to fill 2,172,669 of volume at the lowest we have been at today with little to no price movement, or actually the price movement was largely there to fill those orders (and the rest which come just under the top 10).

This can be called a conspiracy all anyone wants, but it is how big money get there edge and his very hard for any authority to prove.

Starting to get hilarious and infuriating that people are talking about continuation gaps and gap filling like they are the most obvious and inevitable thing ever on one hand, then completely dismissing market mechanics with the other or just trying to BS on how the basics work.

I have got some crayola in the car, if you guys want to start drawing on some pictures.

"so if someone sold 5m shares it also means someone bought 5m shares"

@wyndrum completely wrong, there can be a seller of 5m and 50,000 buyers driving the price down until the order is filled. You are letting your grumpy cokyness get the better of you now. Yes it does 100% matter!

Loaded question

Buy the hype sell on the news (or short it)

I said free education, but actually on paper at least, it was definitely the opposite of free.

I am not feeling that down, happy for the free education. Realistically I was taught the same lesson on tesla battery day, but didn't learn from it.

But might have a slight drop when and if we hit 400, as its a nice big round number.

@superstarr I think you are right, this time round there won't be a big drop when people sell, except maybe tomorrow, as everyone won't just be focusing on one big date.

Or at least, I hope so.

Hopefully the times can write about how Kamani likes to jizz on all of his stock and then I can see it go all the way back to where I started. Anyone got Archie's number at the guardian?

Well, I have seen 10% disappear, so would be a shame not to stay for the full journey to the bottom.

Can't wait to loose another 5% tomorrow, who else is super excited?