Fisher (james) & Sons Share Discussion Threads

[illiswilgig] 21/12/2021 11:16

I agree with Soleman's view.

A lot of similar charts for small and midcaps - small caps particularly - over the last few months.

By way of an experiment - well mainly due to finding some cash stuffed under the mattress - I purchased a few more this morning on the basis it seems to have found a bottom. We shall see. My first purchase below £3.

Gratifyingly the price moved upwards shortly afterwards - when I am used to the opposite behaviour. Seems a few retail investors did move the price. Which in itself I sense to be a change.

cheers all,

[roddiemac2] 21/12/2021 10:12

Thanks soleman,

I will delve into this subject a little more.

[soleman1] 21/12/2021 09:51

Whoever owns the bot makes the cash, and of course their broker. Normally algos are a benefit as they provide liquidity but when normal volume is sucked out they perpetuate an exaggerated move, either up or down. I believe this has become incredibly oversold for this reason but of course the argument could be made there is a reason people haven't put their hands in their pockets.

[garth] 21/12/2021 09:48

Well, having been in and then back out briefly at circa £10 I have speculated my way back in for a few initial shares this morning. Not enough for it to be me moving the price though. Can get three times the amount of shares for my money as I could back then and I don't reckon my risk is three times higher than it was then...

G.

[roddiemac2] 21/12/2021 09:41

Who makes the money from the computer trades?

[bouleversee] 21/12/2021 09:35

So if we all buy one share the price will keep going up?

[soleman1] 21/12/2021 09:20

Haha, algo trades are marked this is available on most platforms that allow you to view trades. It was people selling that put the drop in motion but without human participation in this market the computer just continues the trend and will continue to until there is a technical change by people buying.

[roddiemac2] 21/12/2021 09:11

PS. Can I escape from all this madness into the metaverse !? --Whatever next?

[roddiemac2] 21/12/2021 08:59

elsa,& soleman,

Thanks. Enlighten me.-How do we know what percentage of trades are computer driven ?

I have been investing for more than 50 years (very successfully) but the machinations of the computer driven trade have hitherto not attracted my attention. In this respect I appear to be a dinosaur.

[elsa7878] 20/12/2021 12:04

Err no. It's computer driven trading. Mostly AT trades.

[roddiemac2] 20/12/2021 11:28

For what it is worth, at approximately 10.45 this morning There had been about 46,000 shares traded in about 100 separate trades.( average=460 shares ).It looks like short term traders taking losses.

[soleman1] 20/12/2021 10:58

I'm also a thg holder, nice to see that turn around, hopefully the same here.

[hybrasil] 20/12/2021 10:28

dev80

I don't think so unless the news is awful.

I plan on buying at £2 if it get there. In my book I am happy at the risk/reward levels there. I fully accept the others view that this is speculation.

I am a holder of THG (which like this company fell spectacularly from grace) and which is up 15% today

I also bought VIC (when it plummeted) and I am also in positive territory

Likewise Shearwater Group (swg) which is going well, as well.

[soleman1] 20/12/2021 10:26

Seems like peak pessimism to me, have bought again. Don't think it's been this low since the nineties but don't quote me on that!

[dev80] 20/12/2021 10:14

By the time ive done any analysis this would have dropped another 10%. Poor management and on the verge of a offering. It will be a pound soon

[roddiemac2] 20/12/2021 09:34

dev80

Thank you for your in depth analysis.

[dev80] 20/12/2021 09:27

Horrible stock. Death spiral

[bouleversee] 17/12/2021 12:18

I see fsj appointed a new ned yesterday. She presumably thought they had a future.

[professor john koestler] 17/12/2021 11:21

roddie

I was building a position and shortly after the latest update I decided to sell out at a small loss to see what happens as the COVID situation and recovery become clearer.

If you are interested in other short-term opportunities with the cash may I recommend Ultra Electronics. It is being bought out at £35 a share with the sale due to complete by the end of Q1 next year. If you buy in today your return is roughly 11.5%: That is not a Bond Equivalent Rate it is your real return. Of course the risks are that takeover doesn't go through (and the price drops closer to pre bid) but it is effectively Cobham (backed by finance) so has a much higher chance than just a finance house. The other risk is opportunity cost in recovering markets but you should be able to sell out for very little loss if a better opportunity does come along.

A typical Buffett Event Arbitrage opportunity as it were. :)

I have quite a bit held in Ultra and Meggitt, both under offer, which are set to give me real rates of return between 8.5% and 12.5% real return - annualised returns are a lot higher.

[dev80] 17/12/2021 11:20

I would wait for a raise here. Then buy

[roddiemac2] 17/12/2021 11:06

"Buy in now you are speculating, not investing."---Agreed

[roddiemac2] 17/12/2021 11:02

hybrasil,

If the news is positive , I may be tempted to buy more, but I don`t know what price the shares will go to in that scenario. My stance is tempered by the fact that I currently have a large holding.I will make a judgement if and when there is more news.

[professor john koestler] 17/12/2021 10:47

No one should be a buyer at all ATM. You cannot price the company correctly. When the news comes through that makes the future more certain you will have plenty of time to buy in at a good price. Buy in now you are speculating, not investing.