Member Info for Stupmy

Oil is coming off WT, but HBR continued to rise. However, from a trading perspective I get you're point. I closed my leveraged trades at just over 241 (limit sells). I have retained the shares that I bought over the same period. Just a management exercise; if it goes down (entirely possible we see a retrace in the near term) I'll buy back, if it goes up, I continue to gain on my shares. Over time it looks like a no brainer that the SP will rise and since that's my view I have no qualms about holding onto the shares for now. I've no sign that it's time to sell, but speculatively I had 241-243 as a potential point at which some selling might drive a pull back.

GLA however you play it.

Martinen, I can't believe that this has been handled in such an inequitable manner. If it's not illegal, it should be.

I like tradingview but have to say I don't understand the chart Stix, at least it would appear that there's a rationale to it.

Hopium then jed? You mean you just said the first thing that came into your head and said it with gusto! Good lord.

How do you get to 65.25? That would represent a new low (by quite a margin). I have the all-time low (from a daily chart so not intra-day) at around 69-70p. I know we all look at things in different ways, but the ways I look I hesitate to call precise figues below the all time low as I have nothing to reference it by, nothing to indicate where new buyers might come in. I can see the down-trend (hard to miss) and I can see an argument for the SP hitting 71.25 or below, but I was thinking that the 69-70p level would act as support. One possible scenario being a drop to 71.25 (or below; slightly) then a move up into the ex-divi date, followed by the ex-divi drop back to around 69-70 or higher.

I'm genuinely interested to know how you're calling 65.25 as that goes beyond my knowledge (which is admittedly limited as I live by the KISS principle).

Looks like the US CPI data has given us a push. Can't help wondering whether we'll now challenge 5.00 again. Robert says 'I need to see 5.00 before I drop some' and in my view we should all be aware that there will be a good few shares changing hands at that level, either because it allows people out who feel trapped by the recent falls, or because it's a nice round number to take a profit. I would expect to see the SP stutter at about that level. But that has nothing to do with the value of the company. It's to do with human nature.

From my point of view after a pause/stutter, fall back around 500 we will see the SP rise again into results on Dec 6th. In theory those results should be consistent with managements previous statements and the results already reported by related companies. So i'm not expecting a downside shock.

Everything depends upon the wider economy as well as company specific factors. Volcanos in Iceland etc.

The last one I posted is about as far as I'd like to go at the moment. Always sensible to remember that no-one can see into the future and charts are not crystal balls. They tell you what is happening between buyers and sellers. For a while now, that has seemed to be a bottoming pattern. Such patterns often lead to good upside, and the broader the bottom the better the upside. I did annotate the chart I posted and highlighted the risk that the bottoming pattern is part of a longer bearish trend. So there is currently no evidence that we're in a bullish trend, all we have is a break to the upside from a bottoming pattern. Personally I view it as a good speculative punt on upside to beyond 21p. I'll look more closely if/when we get there.

I'm all for a SP boost Trisor!

According to terms prevously set out. So no surprises and I'd imagine it's largely SP neutral. But SP does seem to be on the up (as AIM says, most companies SP were up on the US inflation data). Just have to wait and see. My view is that we continue up and will see 21p or higher.

SK, I might get a chance to drop some shares at profit before it comes off!!

I'm doing better elsewhere. Just holding TUI for the moment

Let's hope it's 'Hello Santa Rally', could do with rationalising some of my holdings and I'd much rather do that from a positiion of profit if possible.

I don't want to sound churlish as I'm largely long, just makes my head spin sometimes.

Having said the world did not suddenly get better, this (hopefully the start of a santa rally) has not hurt me at all. Very pleased about it, just makes no sense to me.

But what difference does it actually make GoCPI? The inflation data is 'encouraging' but it's to be expected when China is experiencing weak demand (domestically and from international markets), consumer demand for goods in the US and Europe is low (GER in recession) and suddenly a minor fall in CPI (I should call it inflation!) has the markets racing. Doesn't make sense to me, we will not suddenly see that people have lots of money in their pockets, demand internationally picks up, banks start loosening, the property market turns a corner etc etc. This rise makes no sense to me, but it's happening. Why do we get such a big rise in stocks on the back of falling inflation (that many of us believe was inevitable). We are still seeing credit card delinquencies and car loans and property lease delinquencies etc. The world did not suddenly get better.

Weekly Chart, annotated with my views.

https://screenrec.com/share/BwmYkWi2Lf

I've been out for a while. I'm waiting for an entry of 71.25 or less. Looks very likely that we'll see that quite soon

I've been slowly accumulating. That's purely from a TA point of view, I think we're forming a bottoming pattern and will continue to rise.

Well, it seems that you're right, today is looking as interesting as yesterday. Long may it continue!! This has been something of a 'wait' for me.

It brings to mind that old expression possibly from Nietzsche that 'The devil is in the details'. Interestingly and perhaps 'optimistically' the original version of the expression may have been 'Der liebe Gott steckt im detail' (God is in the detail). I'm happy to run with optimistic after such a long period of getting so little out of this baby. Thanks for that heads up Martinen, sharing is what these boards are best for.

Blimey Martinen, that is very interesting. Time to watch the SP very closely for any further information on what might (or might not) be happening. Would be good to get a resolution to this SP problem (i.e. long term depressed) but at a significantly higher SP to 14p! That's not guaranteed, particularly if a merger/all share affair took place.