RE: Red Braces Brigade22 Sep 2020 13:08
T - I had been trading GGP several times months ago, but not since they rapidly hit 16p. I had noticed the swing as well and keep thinking about trading 1/2 and keep half to cut the risk of a sudden climb again.
And cut the risk of a fall back, like SNG, where I was trading 1/2 in the 180-220 range, now they are 168 and mine were bought in the 180's expecting the rise. Not had any spike/shake for days ( upto couple of p range most days! ) but a steady fall in SP so no real opportunity to sell and buy back after costs on the number i hold. Topped up and averaged down ready for a spike!
ASC is flying again, nice daily range! OCDO not bad, and with local lockdown / work from home again etc. won't do it any harm.
Oddly, the pub shares are recovering after the big drop yesterday despite the 10'oclock closing time!