Bt Share Discussion Threads

[hamhamham1] 07/8/2018 13:35

My hope is that on ex-divi day or within the next few days, is that the share price closes above 232p where there is a nice bit of support.

[investorgirl] 07/8/2018 13:10

Higher lows and higher highs, chart looking encouraging!

[hamhamham1] 07/8/2018 12:45

204p is as good as it gets :)

[mbmiah] 07/8/2018 12:42

Ham I got in at 204....got lucky I guess. I normally trade at 10% gain, but think this might have legs.

[hamhamham1] 07/8/2018 12:23

Mbmiah. To be fair Velo said they believe that the near 3 year downward trend had been broken, if so, this will take a month or two to prove out, they didn't say that it would be 300p by midday today or anything similar? Are you waiting for a lower entry point per chance?

[eaaxs06] 07/8/2018 12:16

Blink and you'll miss it, but a trade just went through at 240.0p

[mbmiah] 07/8/2018 12:00

Looks like Vera was spot on

[mbmiah] 06/8/2018 21:46

Aaah, you've become a chartist now lol. As you said, the recent share price action is only a blip on the 2-3 year chart. We aren't in shallow waters yet, only news and numbers will get us there.

[colonelgrim] 06/8/2018 21:06

Your still my number one trader #1ham, go get'em :@)

mutley who!

[hamhamham1] 06/8/2018 20:53

Velo's post (from lse board)...

RE: Stop Press!!!
Today marks a momentous occasion in BT's 2.75 year share price decline! A record of sorts as it's the first time ever achieved since the Italian fiasco back in Jan 2017 and apart from a similar successful breech a few single days before that unexpected disaster, it would have been the first time ever in that 2.75 years! It has since taken another 1.75 years, but in other words, today marks the 'official' beginning of the end of continued fears of how low will BT go? The giant retrace is at the beginning of the end!

The share price closed tonight at 238.5p

The 200 day sma, always, always, during that time "just out of reach" was breeched by tonight's close as it lies beneath the share price at 237.95p

Only bettered by barely half a pence, yes - but you can be sure algo's are on to it in those big houses of the funds
- (would be interested in what Pacey's ADR's close at in New York tonight at 9pm our time - those banks will know the 200 day ma was breeched here in the UK - they won't be letting their customers have the stock cheap that's for sure)

The 200 day ma is more observed by the big ii's than PI's, despite what they write in articles. I don't expect it to hold on first contact but once it regains it and is seen to hold and build on it, the algo's will go "pop" in the big investment houses!

Go round the message boards tonight and ask how many own a share that sits higher than their 200 day moving average. Pretty sure the answer will come back: none - to perhaps just one! It's that hard to do!

Salivate and experience the moment. It's a victory. But will it be the last before continued retracement?

Winston Churchill once said: "Before Alamein we never had a victory. After Alanmein we never had a defeat".

Well it's a bit like that. The share price might and most definitely will, meander when it chooses to, but it's over that continually deep retracing. It has always been continually down before breeching the 200 day ma, after it - I suspect it'll be a case of being no stranger to flirting up and over with the 200day sma. And perhaps looking down on it for extended periods of time.

Later historians said of Alamein, that 'For many, it was the moment they believed the war need not be lost'.

And I think that may prove to be the case here, in that for many investors it will be looked back on as the day they believed the share price need not head back to 200p.

Now put your socks back on.

Of course the giant Death Star, long-term down-trend, is of a shape that is unmoved and laughs tonight off. But unbeknownst to the bears inside that death star it is fatally holed beneath the waterline. It's a giant crack that was heard and seen in every investment fund around the world.

Those who wanted in cheaper, will need to get their act together in the coming weeks and grab whatever titbits are thrown their way - they ain't getting in at 200 nor sub 200 - of that I'm more than sure.

[smurfy2001] 06/8/2018 19:23

Do the opposite of Investors Chronicle key after divi is if the price lies above upper long term down trend. I'll of course be looking out for that ;)

[hamhamham1] 06/8/2018 19:05

Check out Velo's 18:43 post on the lse bt.a board.
He seems quite impressed with the performance today...

Stop Press!!!
Was just going to leave a gentle final. post for today, about a query to me on the 200 day sma's, but was totally unprepared for what's happened with tonight's close. It's an Oh! My! God! type of situation.

Was NOT expecting what's happened tonight to occur until maybe weeks/month/s after the XD period is over - but here it is - tonight! Unbelievable - but true.

What BT has achieved tonight only the best of the very best shares can say they too have the same condition in play and that's perhaps 5% to 10% of the entire stock market IMO.

Yes, it's sent me into a parrellel universe of thought.

Get in at sub 200 ? In your dreams!
Low 200's? Feggedit!
200teens? Nope!
The share price will naturally retrace and drop during this XD period?
- Don't count your chickens - it may rise straight through! (Glaxo did just that last spring).

So you can see, I need to get off this parrellel universe and into the queue for the last spaceship back to planet earth and time to come back to earth's perceived reality.

I'm going to drop a post that should knock your socks off - and if you're not wearing any because it's a hot day, go put some off so you can see them fly off on their own after you read my post later tonight.

Going to have some tea first to see if my opinion changes, as I'm just gobsmacked at the mo'. Have checked and checked but it's a done deal. BT going back to 200 (or worse) is in the bin (the history bin!)

Gotta go, they're calling my boarding flight :)

[hamhamham1] 06/8/2018 18:44

Monty. I believe sentiment has changed since Gavins announcement, share price shows that, I don't think it's about divi chasing for the majority of the rise over the weeks.

[montyhedge] 06/8/2018 18:32

Ham
You may have two more days of gains, if it is divi chasers.

[hamhamham1] 06/8/2018 18:15

Mbmiah. It has slid the last 2 years because the share price was in a downward trend.
If it has broken this trend and is now on the up, it will recover and head on up further, as do other shares in an upward trend.

[mbmiah] 06/8/2018 18:09

BT does normally slide after div is taken away. See what happens this time.

[hamhamham1] 06/8/2018 18:04

Monty. To become No.1 long term investor will be a long and arduous journey I fear :)

[montyhedge] 06/8/2018 17:47

Point being ex div is 10.55p they may only fall 8p, so in effect up. But then a couple of days later I expect BT to fall. Bulls and bears make a market.HamYou still 50% on followers behind me.Still No.1 with the most followers, lol

[1224saj] 06/8/2018 17:13

Monty, your some trader " you're going to short on exdiv day " Of course the margin makers won't have thought of that one! Priceless

[hamhamham1] 06/8/2018 16:55

Well the share price was 202.95p the day before Gavin announced he was leaving (7th june), it's just gone up and up since.

[montyhedge] 06/8/2018 16:50

You got to feel sorry for Gavin, shareprice recovers figures decent and his been given the boot. Perhaps they may reinstate him.

[montyhedge] 06/8/2018 16:47

Trader not investor, BT had a great run, if it continues after ex div will have to wait and see. I will short on ex div date. May be wrong but hey can't be 100% right all the time.

[hamhamham1] 06/8/2018 16:41

Monty. A few weeks ago you said BT was the greatest investment, but now a few weeks later (possibly because you sold and it's above your sell price), it's a bad idea??
Life's too short to be petty and bitter. Go focus on your investments rather than your non-investments maybe?

[1224saj] 06/8/2018 16:37

Just breached the 90 day av. This will go to 2.22ex divi IMHO

[montyhedge] 06/8/2018 16:27

Bears buying short covering before ex div, interesting to see what happens after ex div. Investors Chronicle said Buy Vod Sell BT because future dividends not so safe. Can't believe divi chasers why? gain on income lose on capital. Strong at the end of the day is normally big boy funds and thats good news.