Member Info for Trenners

We should have sold out after that Mail on Sunday article at £2.28 LOL ... Seems like a lifetime ago now ... And it was only 3 weeks ago I think?

..... So the recovery can begin!

Maybe when we drop below £1.30 (NAV) the tide will turn. Or maybe not!

GL to all LTH (ie everyone who is currently holding this share)

The longer MM holds onto the golden share and the longer he takes to appoint an independent chairman ... The more convinced I become that he is working , behind the scenes, to take THG private again.

He just doesn't seem bothered by the cratering share price - and why would he be bothered - the lower we go - the less, in theory, he needs to pay to buy it back.

With a 100% premium to Fridays share price he could buy his £5 IPOd company back for £3. That's got to be good business by any measure.

And for all those who say the big institutions won't allow it - they will if they retain their existing stake in the newly privatised company as the medium term plan must be to float in the USA.

So ....time to sit on your hands and watch the games unfold. Neither a buyer or a seller be (to misquote Shakespeare)

.... Just us mugs who are LTH waiting for the bounce that never seems to come!

This share never seems to do anything other than disappoint! I'm not expecting or hoping for the bounce back to £3, £4 or £5 any time soon / in my life time!

But after all the hot air expelled on this forum since Xmas .... £1.82 with only one more trading day to go before results ....

Well hot air indeed! Only thing being squeezed here is long term holders!

Ste2000
No grudge held by me ......I was 'just saying' ....

I didn't take my own advice (and sell after The Daily Mail article) either .....in fact I bought more as it started to fall but gave up when it started to crater!

Not sure what to do next - but it's pretty clear its important to bank profits with this share .....Even if it does mean that you miss the surge when it finally recovers!

All my, considerable, profit went up in smoke yesterday afternoon!

Trenners

Ste2000
Perhaps investing isn't for you! I did warn you about this downward surge over the weekend ..... Only to be admonished by YOU!

Trenners

Ste2000
First you chastise me ... Then you agree with me!

So ....you agree the article will cause 'the weak' to panic sell .... Wasn't that what I said? An exodus as the market opens in the morning?

This share is so manipulated and Ican easily see this dropping back to retest £2.10ish again before rising strongly again.

Trenners

Will these articles influence the share price?

IMO - of course they will - like The Analyst article signalled that the 'experts' felt it was safe to buy THG again (after the numerous short attacks) ....

This latest article signals more shorting pain to come. It doesn't matter if it's true or not - many will read it and decide to reduce their position in THG - thereby causing the SP to fall.

I am nervous for the opening of the market tomorrow as I fear an early morning exodus!

Trenners

Ha - I bought a 750 top up yesterday at £2.33 .... Having thought the breakout was underway ... Obviously it isn't! LOL

Even more unlucky!

It may not be listed in the USA but the price action would certainly suggest it's being controlled by the US hedge funds

I think we need this to get to the stage where the Yanks are buying this stock ... Rather than selling this stock ....

It feels like the Brits pump this in the morning and the Yanks dump it in the afternoon!

As the day progresses - after 2 attempts already to break £2.30 resistance - it would be really good if we could hold / close above £2.25 today as that would give us a fair chance of breaking out tomorrow.

This is still being massively played .... Otherwise why would we go into auction at £2.27 at around 1300 and then quickly fall back soon afterwards.

Beginning to feel a bit like a yesterday re-run .... But I hope not.

Looks like this is still being played ..... I would have certainly thought that £2.10 to £2.15 would have held!

Hind sight is a wonderful thing and we should have all sold at £2.25 this morning! But, of course, if we had done that then it would have powered towards to £2.50!

Ha that's the stock market!

Mando,
I wouldn't call 'selling at £2 and buying back at £1.67' ... Foresight ..... I would call it "very lucky".

I would guess that if you did a poll on here that NO ONE sold off at £2 and bought back at £1.67 because hindsight is a wonderful thing ...

I think, when the share hit £2, most people thought (including me) that Black Rock had finished selling and the recovery was underway. It looked very foolish to exit at that point (having suffered so much pain) .... Of course it looks very wise now!

I must admit I've got a really consistent record with this share in that I always seems to BUY and SELL at the wrong time. If I had sold when I had bought and bought when I had sold .... I would be QUIDS IN!

Hey ho ... That stock market (bad) luck for you!

GLA

I think most of the regular contributors on this board have got more then enough THG already having needed to average down, on numerous occasions, to get down to a sensible average.

I'm sitting on my hands and watching ....

GLA

'I have 115,000 shares in this...'

My god .... I know Buffett said 'be greedy' etc ... But that is one hell of a punt on what, at best, can be described as a volatile share.

With great bravery comes either great rewards or quick poverty!

Good luck!

Glad they are selling more - will be even more glad when they have sold the lot and cleared off because they are not helping sentiment with this share.

Once BlackRock have finished off loading ... The share price can begin it's recovery ....until then I suspect we will yoyo between mid £1.70s and mid £1.80s.

The news they are still offloading again will surely out many people off buying more ?

I would have thought the majority on here have got averages over £1.88 (including me unfortunately).

Sit and hold for an hour, a day, a week, a month, a year and you'll be fine and remember ...

Never sell on a ZAG as a ZIG will be along again in a little while!

I agree - this desperately needs news - and until then it will continue to be played by the MM

If we could forecast what this will do next - we would all be millionaires Rodney!

If it crashes and burns again on Monday then I guess we are on the downslope back to £1.75 for a repeat of last week.

I'm hoping, though, that it will consolidate around £1.95 / £2 and trade in that range until we get some real news / results.

Not sure my blood pressure could stand a repeat of last week!

Gla