Cmc Markets Share Discussion Threads

[brucie5] 20/11/2021 17:17

markbelluk19 Nov '21 - 10:48 - 1296 of 1300
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>Chart to me suggests obvious gravitational pull at £2

Really??? Only in so much as the next major support level is 200. However at the moment the chart is giving an 80% + of chance of reversal. Note inverted hammer followed by the current spinning top doji whilst CCI & Stoch are oversold
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That's far too complicated for me!
£2 is indeed next support/resistance and large round number.
Works for me.
;)

[rcturner2] 19/11/2021 13:49

Yes that is want I took you to mean and answered accordingly.

[undervaluedassets] 19/11/2021 12:33

Rcturner. I do not mean shareprices being ahead. But I respect your choices ... all good stocks

What I mean is are their revenues, profits, divs, and earnings ahead of their 2019 revenues profits, divs and earnings?

[markbelluk] 19/11/2021 11:06

I disagree even though Im in IG. There is little between the 2 aside from CMC is definitely better value and with the split and new business etc etc has more potential for me

IG's constant refusal to increase the dividend even after large profit increases is frustrating to say the least?

[rcturner2] 19/11/2021 10:52

What you have is a lot of people who have bought this higher up who will be reluctant to sell as many people find selling at a loss psychologically difficult. I'm not sure there are that many buyers for CMCX, when you can buy a much better company in IG that is in the same space at a much better price. I think this will continue to drift sideways and/or down.

[markbelluk] 19/11/2021 10:48

>Chart to me suggests obvious gravitational pull at £2

Really??? Only in so much as the next major support level is 200. However at the moment the chart is giving an 80% + of chance of reversal. Note inverted hammer followed by the current spinning top doji whilst CCI & Stoch are oversold

[brucie5] 19/11/2021 10:13

RCTurner219 Nov '21 - 08:59 - 1290 of 1294
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Under 150p I would reckon.
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Chart to me suggests obvious gravitational pull at £2. Above which I would not get involved.
But you could be right.
Depends how attractive the earnings to the patient, I guess.

[rcturner2] 19/11/2021 09:44

uva, I only hold 5 direct stocks and 4 of them are way ahead of 2019, Somero, Polar Capital, Secure Trust Bank and Tandem. The other one, Air Partner may or may not be ahead of 2019 as we havent seen enough information yet.

[scooper72] 19/11/2021 09:04

There is an irony being down on a spread bet for a long call on a company that makes money on CFD trade punters. For now going to stick this one out as going forward would be surprised not to see some recovery in the price and can't see it pulling back that much further. Also hold in my HL ISA but there is something about being in the red on a stock there that is less psychologically taxing

[rcturner2] 19/11/2021 09:00

"Businesses that are trading above the level they traded at in 2019 are rare indeed"

This is total rubbish.

[rcturner2] 19/11/2021 08:59

Under 150p I would reckon.

[scooper72] 19/11/2021 08:37

This is really getting pushed further down. Wonder what price the professionals are waiting for?

[undervaluedassets] 19/11/2021 04:11

Clearly, 2020 was extraordinary for CMC.. almost aberrant. But the real takeaway for me is that this business is larger and more profitable than it was in 2019.

Businesses that are trading above the level they traded at in 2019 are rare indeed

And with 500,000 additional clients in Australia, well I am in.

[scooper72] 18/11/2021 10:11

Hope you are right, but wondering if it will be hard to also compete with other disrupters like Freetrade which I have started using along side my HL account.

[farmers son] 18/11/2021 09:48

I’d be interested in their non-leveraged spin-off competing with HL and AJ Bell. Charging the best part of 50bps platform fee on funds and securities is ripe for disruption.

[markbelluk] 18/11/2021 09:28

Both FT & Times today have large articles focusing on releasing share holder value via the split which according to PC is almost certainly going to happen

Solid business. Exciting times

[nigelpm] 17/11/2021 19:09

Some pretty inane comments on here today - real lack of understanding of the business.

[nigelpm] 17/11/2021 19:09

You can't - in the same way you can't trade IGG on IG you can't trade CMCX on CMC.

[primarch1] 17/11/2021 18:23

Well if your that confident of it going back to those prices stick a short on,better still use cmc platform to do it.

[dancing piranha] 17/11/2021 16:51

Indeed, between 80p and 150p!! I'm quite amazed it's still in the 240's today....

[rcturner2] 17/11/2021 14:34

And what was the share price in 2019?

[growthpotential] 17/11/2021 12:53

I think the growth from 2019 to 2021 is pretty strong so I am happy, I feel like 250 is a floor for the stock