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BUR going after the YPF shares is going to give them the heebie-jeebies, especially as Preska said they could be used as collateral to prevent enforcement.
Thank you Mithaq.
Well you got the drop for your ISA top up you wanted FFC.
Im in the blue now. onwards and upwards.
I’m in two minds if this adding to share pool had anything todo with the drop.
It is not generally something the market encourages and often a drop in centimetre does happen when it does occurs.
It’s not a lot of shares in the grand scheme of things, not like what TUI done.
I see it as an opportunity to add, as future still looks very bright. Shorts may have played on it, as it is confusing.
It is one hell of a drop in just two trading days. Hold on to your seats.
It will recover in time. i have seen this happen a fair few times with this stock.
Yes Surfie, should of!
With 735K shared traded in the US in less than an hour, makes UK look like a laughing stock really.
We seem to have equal buy/sell for this to just be 1.4% down in US.
Looks like its being shorted to me. Keep a close eye to see if shorts increase in a week or so. Takes time for the data to update.
Your guess is as good as mine. May early to mid. I was looking to be back in before 9th May. As my aim was to Bank as much interest on cash as i could.
The volume puzzles me. This can still go either way in the very short term.
Stagger it. so like buy 2000 shares and keep adding say 1000 each 0.5 down till it goes down to the bottom. ;)
Or what ever your volumes are.
Still adding, grabbing at 12.19 now.
Last bets. Good luck.
£12.24 Avg Entry Renegade. Let's see what happens, all on RED BUR please dealer.
US Futures looks good. So no idea what caused the 9% drop , or if they have finished selling. But will double down if drops heavy till we reach the bottom.
Like your analogy Renegade!
I started to buy back in this morning. Seemed to have nailed that drop.
FFC I also try not to be political here or make things personal like some other amateur posters here, who can’t take bad news. It was a tense night for me, looks like just one minor injury from them 300 attacks, poor 7yr old girl. I’m very confident Israel won’t let this go! If these rockets got through though, it would be WW3.
Let’s pray things calm down.
Emotions aside, unfortunately this is an opportunity to make a lot of money from market reactions. You can bet a lot of stocks will be shorted on the news.
Oil and defence stocks UP
Airlines down and others.
Iran launches massive missile and drone attack on Israel. US & UK involved shooting them down. Country’s are closing Air space in the area.
Will look to maximum any drop once dust settles. Could be a rough ride for the markets. I usually add to oil stocks in such times.
The chart suggested a pull back and heightened tensions with Iran have been in the cards for a while. The signs were there, this is why posters with different opinions and views are important on a board.
Good luck all.
Well thats your opinion, and that’s fine with me I respect it. I really have no reason to lie my friend.
I was always awful at roulette, just put my money all on red or back. Unfortunately I have the habit of investing the same way, and either all in or all out, but to take the risk away I do my research. I spoke to a fund manager recently, he said. The people who make the largest gains are those who invest vast sums in single stocks, which is one of the most frustrating things of being a fund manager, as they can’t have more that 10% usually in a single stock and have to sell on a gain. The other thing he said was those investors that go against the grain.
I invested vast sums here, after muddy water. Again believe it or not but a few know this to be true as they have been on the same journey. But I’m sure you will believe this to be untrue to! Looks to me you have trust issues and you’re a rather glass half empty character.
I completely sold out at high yesterday. Was just so happy with the profit I didn’t care if it went up any further. It had to start dropping.
I think it will turn to a bear market for a few weeks if Iran do attack, even worse if US now step in. We could see a huge sell
off.
I will still slowly buy back in to BUR though.
Think I will buy a BTC with profit, as supply is reducing and there is a limited amount. Now SEC approved it, will become the digital version of gold.
Well chuffed, long time coming this drop.
I did, sold 20% to trade but has not dropped yet. Just the way it goes and sure I'm not alone!
But im up on Tesco, Easy Jet, Lit Finance to name a few! This year seems to be a bull market so far it seems.
Sorry rushed post, I’m in Las Vegas at the moment!