Shorters short. We should all get used to it and stop moaning for Mummy (sorry the FCA) to come and tell them off. So far they have been right, and those (like me) who have bought higher up have been wrong. One of two things will happen- either the real sceptics of the story will be shown to have been right and our shares will be worth as much as a used condom on Brighton Beach, or the story comes good, proper instituions buy, and the price rockets. I remain of the view the latter is more likely- so this is another great opportunity to average down. the risk/rward ratio greatly favours reward- so back in to the market I go.
The emergency RNS yesterday perhaps stopped an even worse fall in the price, but we cannot expect to see any stability until the results are out in two weeks, the company can get out and see institutions to create buyers, and perhaps the Board put money where their mouths are and buy serious amounts of stock. Until the results expect the price to be very volatile- don't be surprised if it tests 150p,, and equally don't get too enthusiastic if it rises to 180p. The short positions have made money- and they will continue to be active until they are no longer making money, that requires the price to rise and for that institutional buyers to appear. The company and their over-paid brokers better have a great road-show lined up post results to make buyers.
alltold - what figures? I haven't seen any figures.
need numbers with the cashflow statement and a divi would also be nice
so QPP have basically released H1 results two weeks early and the SP remains lower than it was 24hrs ago? Yep, blinding.
TW walks around with his head up EK's backside then claims credit for regurgitating what EK has told him.
alcira - how fkucing retarded you must be to think that about TW. hope you join him in the gutter.
TheGuvnor - I agree - have you seen his tweets on Israel and Gaza? Absolute tool. Loves himself, when no-one else does. If he has a wife she must be paid for, if he has kids they must be adopted.
also shows insider knowledge and people playing games today
yet still down for the day and of course this means no uplift now on Aug 21
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