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Mike, your last post pretty much says it all - all that can be said ahead of next week's vote - thanks for that. And so I think it deserves its own title, so people don't miss it. No use logging it in with £5.10 worries! Although I am always aware we might be going there.
Is anything "typical" in the market, least of all with TUI? It did drop from mid-week last week but actually went up from mid-week the two previous weeks - unless my charts are wrong. Indeed, last week it fell ALL week. And of course for any drop to matter, it depends where you are dropping from. January was nothing but drop so we are already well down on January 1. Which isn't to say we won't go to £5.10 - or even £4.10. It just depends on how markets adjust to the Delisting Vote a week from yesterday. And a few things like global war. That aside, signs are that TUI is strong and really this should be heading up - £6.00 anyone? - rather than down.
Very helpful info, Mike. I note your reference to weakness in the PM - it seems to me that something happened at almost exactly noon to put many shares into a nosedive - certainly some 70% of the shares I track all plummeted at the same minute. But I can't find any news that would have precipitated that. If anyone has a clue I would be interested. My hope is that it was merely a passing rumour - not war declared - and TUI can get back up 3% plus as it was this morning.
Shave, it is not so much about psychology - of course, everyone is relieved we have been well of £4.08 for a long time - but rather a matter what you bought in at - and what your expectations were.
If you bought in @ £4.08, then the drop last week should be bad for anyone's psychology. But if you bought in @ £5 or higher with your eye on a TERP of £8 - last week was bad news! Don't need a psychiatrist to tell me that.
Sonmoon, interesting point.
But what on earth is going to move this RSI to 30 let alone 40 when it has been lingering so low so long and the recent news has not been good?
I wait and hope because SDRY is quality but there is not much encouragement.
Thanks for this. Seems like very good news to me.
One, it confirms that Superdry is actually making plans to continue.
Two, it has partnered here with some good people who are going to be in the news.
Three, the kit looks very nice. :-)
Fingers crossed.
Thanks for the report. Hope you like your new clothes.
70% discount is huge, bigger than most - who are doing "only" 50% - but some others are also 70%.
And my wife's endless online shopping tells me you can find great things at 90%
As for the returns policy, isn't Amazon the same? Maybe it takes an hour or two to kick but quite soon after ordering you get a message that you can neither cancel nor change as your order has been shipped.
Hey Big Boy, time to come in if you are coming at all. Short week and all that.
If you want to kickstart a rally, why not start now by getting TUI back over £6.05.
I know that was a price to die for two weeks ago but now it seeming a bit old hat.
Come on old fellow, you can do it. Crack the whip.
Yes, iP, this site is looking more and more like Tik Tok every day. It should come with a health warning about Flashing Lights and Strobes, Very annoying distracting. Don't they know we are here to lose money, not spend it. Okay time for another day, another attack on £6.30 - or will be it £6.00????
One last frustrated rant - everything left right and centre is up, often well up, after one of the best economic report weeks in years and where is TUI - barely clinging to where it was a week ago, after a week of 20p swings as Mike0s2 noted. Yes, we were already basking in the rise from the results but even so, we are still massively down on any logical price. You hold on and hold on because you just know it worth it - but damn the MM like to drag it out.
SK, I hear you. You have called some good things over the last few weeks but I see no rally here - we can't even get back to where we were on Tuesday! Which was already below what we were calling for. As I say, something weird going on with this share. Frustrating. We have seldom had the market conditions so good and still we stall.
Forget the Santa Rally! I repeat:
So the 250 is up 3% in line with IAG & EZJ meanwhile TUI is barely creeping back to where it was Tuesday.
Something very weird going on for those of us who thought it would to go £7.00 in good market conditions.
Thanks, SK, a box of chocolates. Ahh!
Now that we are clear about that - maybe I should have phrased it a different way: If only we had known four months ago every detail of how it would play out and go up like this ... wow, ever chocolates pale by comparison. But, obviously, even the best of us lacks that vision, so moving on to the future. Where is it going to go now? In 3 months time, what will we wish we had foreseen. My guess - and that's all it is - is that we're heading for £7.00 - at that point I would be tempted to pull out because I have not idea what will be driving this share. Other stocks are volatile but still slightly easier to predict.
Yo Sk, u r not so much disagreeing as missing the edge of my point. Of c you have been saying a rise was coming and we were all holding because we hoped it was coming. But even a few days ago some pundits were worried about sun 414. All of us had fears because so many past certainties failed to materialise. But now that it has it seems so obvious that it was almost a sure thing. Of c there are no sure things. And we may yet slump back to sub 500 against all logic.
With hindsight, this all looks so predictable and even the longest of we longterm holders has to be wishing we had bought / been able to buy more when it was at £4.00 - just yesterday or so. But of course back then id did not look surely predictable at all. We felt it but there was no support from the market for our views. Now ... nice, for sure.