RE: Tues.. so far..19 Feb 2020 15:50
D955
I am with you. Everything I've bought in last few years has ended in disaster, big losses all around. Its not just BT thats affected - MKS, RMG, SLA, CNA, RBS..
Absolutely. I could easily add another 50 ftse 100 companies to that list. This is a permabear index that doesn’t trade on fundamentals or reality.
If BT were a £1 for example. Deutsche Bank would still be issuing price targets of 70p. And unenlightened retail investors would be blaming the derisory shareprice on the management.
Uk shares, for the most part trade on an alternative reality imposed on us by rabid market makers to line their own pockets
Far worse that interest rate fixes and LIBOR scandals when you have a market that values most of its companies at historical bear market lows.
What I want to know is - how much longer can they get away with it before a massive scandal breaks.
Toff