Re: Holding @ 280 1st Feb Get your sells in early Today !
Re: Holding @ 280 1st Feb Expect lower earnings, but this may be welcomed news given that the Company has restructured greatly & this is reflected already in the lower S.P. Same as you, will wait until the results come out. Can see an initial drop first thing but buys going in after the drop.Don`t see a £ 2.50 range again soon though.
Re: Holding @ 280 1st Feb Seemed to have moved from oversold to overbought!Results due tomorrow.I'm still keeping on sidelines - too late to buy back in.
Re: Holding @ 280 1st Feb I forgot to add the related chart to my last post
Re: Holding @ 280 1st Feb At the beginning of February it looked as if AAL might be heading for a FTSE100 exit. The rise since has seen this possibility diminish significantly. As of last Wednesday, with the SP @ 327, AAL was at position 79, well within the FTSE100 boundaries. The rise since should make AAL's position safer.My personal next target is at 460. I thought I would have to wait some time, but the recent daily rises have been much larger than I had thought might happen.
Trend & Trend Changes Video: the first couple of minutes but the short article also covers it. Anglo seems to be a good contender to test this theory. [link]
Re: Mark Cutifani warns ! Always sweating on a day trade X, but have been fortunate with Anglo in that 5% loss limit never kicked in. How long is all this doom & gloom going to go on for ? Got rid of all my gold Today & put a bit back into Ophir again after recent fall back.Hope i made the right decision or say goodbye to my Anglo profits !
Re: Mark Cutifani warns ! Well done Sproccy - bet you were sweating a bit though at £2.25 or whatever.My buy is £2. Not brave enough to trade the range.
Re: Mark Cutifani warns ! Last hold buy was at £2.65 but bagged it Yesterday. Usually day trade but it has been rising for a while so buy trades havn`t gone through lately.Will be waiting until next week until results have come out & expect another large drop. Been a good company to make decent profits though & shall be back in soon.
Re: Mark Cutifani warns ! If you got in at £2.50 then I'd take the profit.This can go go back down real quick. Plenty of buying ahead.
Re: Mark Cutifani warns ! Giving advanced warning regarding earning...What a nice man. Best to take your profits before next week & take it from there after another SP drop....
Mark Cutifani warns ! States that miners are to brace themselves for the most challenging year yet as he forecast no let-up in the commodity price rout which has hammered balance sheets.
Funds Buying? I notice that Blackrock inreased its holding above 5% today.
Re: Holding @ 280 1st Feb Surely today was mostly driven by shorters trimming if not the non-institutional ones bailing. [link] American set for biggest daily gain in 8 yearsThe collapse in commodity prices has wreaked havoc across mining stocks in recent times. Not today, the weak US dollar has revived demand for dollar-priced commodities. As a result, Anglo American is currently trading almost 23pc higher and is now on track for its biggest daily rise since November 2008.
NEW ARTICLE: Why mining sector surged 14% Thursday "London's mining sector plummeted in value by 76% over five years to levels last seen more than a decade ago. Prices of copper, iron ore and aluminium have all sunk to multi-year lows as miners delayed cutting output as the Chinese economy began ..."[link]