Finsbury Food Share Discussion Threads

[minsim] 18/6/2020 11:28

At least it's moving :-p

[maverick081267] 16/6/2020 21:36

Anyone here lol... why the dip? this has been so steady?

[sphere25] 08/6/2020 14:39

Breaking out now. You'd think half the jacket might be coming off. Perhaps the lemon will be dropped too.

I found his mate at the party: WGB. Also doing a flat line morbid jig, but showing more interest of late.

[kouremenous] 08/6/2020 12:01

Sphere25, that made me laugh :-)
Break out any time old boy!

[sphere25] 08/6/2020 11:00

There's a party going on out there. Everyone is invited, but FIF seems to prefer to sit in the corner, sporting a puffer jacket, whilst chewing on a lemon.

You'd think the AIM index would be sat bang near its lows when looking at this stock and yet it's made a monumental recovery being only about 8% off its highs. That said, edging higher again and might start to gain traction shortly. Clearly has alot of catching up to do and surely the market picks up on that.

[value viper] 08/6/2020 10:55

Simply cannot get going while all around rallying massively Yawn

[bishan bedi] 05/6/2020 17:13

A decent bit of volume again today

[rumobejo] 03/6/2020 12:34

100p pre covid and yet no move, time to pop-corn !!!

[sphere25] 02/6/2020 08:55

Stock edging higher and threatening a very significant breakout now. Absolute barrage of buying coming in here at the moment, stream of buys not hard to spot with stocks like this.

[sphere25] 01/6/2020 13:06

Another delayed trade reported: 575k @ 60.5p from Friday. Getting a much clearer picture now. Add in all the above exchanges, a couple of 250k blocks, the way the market makers have now materially widened the spread, the price looking much firmer and threatening a significant breakout, well it all points to the seller being cleared or very close.

They brought the spread in over the past two months encouraging investors to buy to help clear any sellers, all change now.

[sphere25] 01/6/2020 08:18

Added here. Getting more interesting now with interest picking up significantly. Volume traded on Friday close to 2 million - material for FIF. Could be getting close to stock drying up at these levels.

[sphere25] 28/5/2020 14:26

Somebody check for a pulse. Another crisis (or two) could pass before this one moves.

A couple of interesting trades today so far:

467k
472k

Gresham possibly holding this back and had reduced down to 4.24m shares so perhaps a slight dent into the seller today.

EDIT 29/05 14.04

Another 1m picked up at 60.68

[maximus57] 27/5/2020 15:23

This looks to be going nowhere fast untill this seller has cleared out, then i think we could start to see some movement northward. Will be interesting to see how it goes forwardafter Covid crisis

[value viper] 26/5/2020 12:28

Another 50,000 dumped at 60pSeller cleared yet ? Yawn

[value viper] 19/5/2020 12:49

Further 100,000 dumped at 61No wonder we never moveWell yet

[sphere25] 18/5/2020 15:13

And then....

The story of staleness continued.

Little shift higher and full ask at 61p. Hopefully see some action here soon.

No movement in a whopping 6 weeks! How many stocks can hold that tag! This stock must win the prize for most stable (positive spin of course ha), in an otherwise bonkers environment.

[sphere25] 11/5/2020 14:25

There was a 1m print a short while back at 60p so some of that Gresham stock has been placed with a buyer in decent size there. The rest of the sell order (however big) looks sat with Winterfloods with stock being drip fed into the market at these levels.

Gresham had 4.2m as at the 30/04. That's clearly a hell of alot of volume for a stock like FIF, even a quarter of that is, but we'll have to wait and see how much they want to lob.

There's always a few stale ones about, but hopefully pop soon.

[value viper] 11/5/2020 13:57

I am assuming there is someone else buying the Gresham position or are they offloading all in the market ?!

[sphere25] 11/5/2020 13:55

Stream of buys coming in. Looks like it has been tipped.

All revolves around Gresham. If they want to lob the whole position, we could be here a while.

[battlebus2] 05/5/2020 12:55

Yes not long now. Always interesting to see who the buyer is.

[rumobejo] 05/5/2020 09:23

Gresham House down to 3% as of 30/4, not long for it to breakout

[s34icknote] 01/5/2020 15:56

Hi rumHope your not following me lolSicknote

[sphere25] 01/5/2020 15:29

Still some stock to clear - stubborn sellers. Daily volume here is very small and can be around 100k on alot of trading days with the majority of market makers dealing in 3k. Compared with more liquid stocks too, expect it to take longer to clear x million. Once the line of stock is gone though, it will be a hell of alot harder to buy.

[rumobejo] 01/5/2020 13:54

seller cleared by the looks, bodes well...