Member Info for Stupmy

Be interesting to see what buybacks do to the SP. Worth considering that HBR didn't rise in response.

Very good chance we'll see 21p or higher in my view, just might take a little while. I've held my shares.

I think we'll see 350 or below on this pullback. Fingers crossed the rumour mill is spewing positive messages at that point. But we'll soon find out whether the price has found a bottom or not.

Well that's an encouraging start to the sessioin. Gapped up to 355. I need a bit more than that to get to b/e but it's a start

Reasonable finish for the SP today. Barring something shocking over the weekend, it still looks like we could get a move to the upside. Whether would represent a change in trend is another question, but let's hope it does.

He's also been right to take the negative view as the SP has halved recently. He's also supported by the institutions that are still shorting (even increasing their exposure) the stock. So, I think it would be daft to ignore his views. He is demonstrably right to suggest that the SP would fall. I hope he's wrong about further falls mind!! There's a bottom and top to everything.

Thanks, bb at it's best. A pleasure to be able to discuss and learn.

So not necessarily something that might impact other collaborations that are in place. I assume, if there are clauses that look shaky after the M&S dispute, they'll be tightened up for future collaborations. That sounds reassuring so like the best of fools I'll run with that view (confirmation bias at it's most obvious).

But is this similar to the performance related dispute with M&S. If it is, it could easily explain the slide in SP and if the M&S dispute is not resolved sensibly, it would be a very bad signal for the future. If that's right (and maybe I'm misinterpreting) then the M&S dispute is the canary in the mine.

Funny they don't mention the recent deal due to close. So they're seeing value independent of that deal. Weird, sloppy, lazy? A space filler rather a measured piece?

The media is not benign, I watch that kind of thing closely.

Very quick spike Dumbly, it's back to 87.65 for Brent. Very responsive, but hasn't held. Seems the attacks were almost symbolic rather than intended to cause harm. Maybe that'll be the end of it, pride restored and no damage done? Fingers crossed.

I'm lucky enough to be able to cast more die, but it does bother me 'ever so slightly'

You did well Gary, at least it looks that way for the moment. My buys were in the 445-447 area and have dropped my b/e price sensibly.

I've more than I need now, but I've bought some more to reduce my mean entry. Some buying in the 3 hours into the close. Fingers crossed it increases into tomorrow!

I do think sometimes 'being honest about being a bit out of ones depth' is the brightest way forward!!

Most of what get from the economics side is pretty high level, but as I say I do try. I'm not stupid enough to claim expertise, but I'm aware at a certain level. And I do keep reading.

Volume has been high as you say Eusebius, I'm watching that. There are also divergences appearing with respect to MACD/RSI/1433 Stochs.

From the point of view of OCDO SP, there's no sign of capitulation and no evidence of a bottom yet. I'd actually love to see a capitulation event now to try to draw this fall to a close. Could just turn and bounce though. I'm watching closely.

Is there anything specific you're looking for to mark an end to the slide?

I do try to learn about some of this stuff Poker (you have the time when you're trading as it's so boring), but I have to say it doesn't come naturally to me and we're about at my max level for the moment. Debt markets seem very complex.

Not sure about that Poker, the bond inversion (I think the data I've seen was 20yr vs 2yr) has meant banks are lending less (they borrow at the short end and lend at the long end). When when the short term rates exceed the long term rates then banks can't make a profit on the loans, they have make profit from fees; hence they're more selective in their lending and end up charging higher rates and lending less. So if the longer term securities increased in yield, would that not tend towards correcting the bond inversion, increasing lending (money creation) and thus over time pushing stocks up?

I did read that China is trying to maintain it's factory output and exports to the US and the way they're doing it (in the face of limited demand) is to reduce the price. The impact being to flood the US with cheaper goods (but China doesn't make much or any profit) and undermine the US economy. Biden is I believe retaliating with Tariffs to try to limit this (balance the playing field).