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Certainly some people will take profits from the rise this morning, but this could really turn into a profitable share from this point. Still think £20 is the 'correct' price for this at the moment. GL.
Hi jaffas, after what happened this morning I wouldn't be able to predict any price, to be honest. Pick a number between 1100 and 1500.
Don't think this gap will take all that long personally, but we're in some sort of Start Trek episode at the moment, where, what I would call, good results make the SP disappear up its own infinity :)
Yes, I know, we're all a load of old women, but we need love too! :)
Erm, I've got yesterdays close as 1348, this mornings open 1185. The gap is between yesterdays close and todays open as I understand it, or do I have it wrong? Wouldn't be the first time lol.
I saw one apparent sell for £457,000 @ 1107?? Who does that?
I thought the rule was that a gap 'has to be closed', so isn't that almost a guarentee that we will go up again, or have I misunderstood the rules. I'm sure you know more than me. Regards.
Starting to look a bit better now. Glad I didn't sell. :) Flippin heart attack game this is, makes my SOLG AIM shares look like Sainsbury's.
Hi LMishMash, is this what you meant when you said the lows might be tested again? lol ATB.
Hi Badgers, I can see a couple of large deletions in the trades. Do you think they could be connected with what happened? The price is going back up now, so starting to look much better to me.
Hi Badgers, thought you would appreciate that one :)
Its just a stop attack. People had their stops set too tight, shorters depress the price to make a few stops trigger, making the price collapse. Then they buy at the bottom and, in theory the price should end up back where it started or higher. DYOR, this may be wrong, but I don't think so. People who hold/buy at this price will be the eventul winneers IMHO.
Just bought again at 1101. Thank god the results wern't bad.
Just HOLD, eveybody who have stops will get sold at a really low price and the price will go back up IMHO. Buy at this price if you have any folding.
I just bought some at 1100. ? This cant carry on, will finish up IMHO.
My trading screen is showing SGP 5% UP at the mo. Anybody else got anything?
Could open anywhere, take not notice of where it opens, end of day price will be a more important indicator IMHO.
Showing total group revenue up 12.4% for the qtr! up 19.6% for the year. I would say that SGP have faired very well when compared with the results of other companies, through what we know has been a more challenging last qtr. ATB.
Yes, it is a hard lesson to learn, and it is so hard to keep holding when the SP appears to be going down, but I have proved it to myself many times that just holding can reap the best rewards in the long term, Warren Buffett style :)
Hi Badgers/belliott158, after the last two months I could definitely do with something good happening here. Hoping for SGP to save the day again, hasn't let me down yet. :) Good luck all.