Footasylum Share Discussion Threads

[rafieh] 18/2/2019 13:02

You've got to ask yourself why JD paid 70p per share when the prevailing market price was less than half that amount. Would they have paid that much if they expected the share price to remain below 70 for long?

[timw3] 18/2/2019 12:56

cannot buy anything online now. 65p close looks likely from here...

overnight press and big gap up to 70p+ tomm...

[herb clark] 18/2/2019 12:54

My buy @48 not showing

[rafieh] 18/2/2019 11:32

Buyers are back. There is simply too much demand.

[knowing] 18/2/2019 11:08

dave not sure if there is a seller but there are alot of stale bulls who have been stuck in this for some time.

[dave4545] 18/2/2019 10:34

square.

I'd take the average not the high they paid. If they got some at 50p, 70p and 75p, take a bit of working out what average is as different sizes bought but lets say 62p was average, price when I looked was 53-54p, for me I thought missed the boat and not worth the risk especially in this market, people are reluctant to chase spikes no matter what the news, that is why the sellers got on top and the price has drifted back down to 45p

[letmepass] 18/2/2019 10:31

Id say 20s. All smoke and mirrors. Someone wants out

[kirk 6] 18/2/2019 10:29

Used the spike to offload a few as well if no further news could be back to 30p

[knowing] 18/2/2019 10:28

Waiting for the stale Bulls to depart. Unfortunately a lot bought on the first drop so happy to leave at this level. Next buying wave will start soon enough. MMs happy to fill those orders at this level.

[davidpines] 18/2/2019 10:22

70p is the target here Jd prob want to buy but prob want to pay as little as they can

[marbill73] 18/2/2019 10:20

This is by no means over yet!

[davidpines] 18/2/2019 10:16

Firwood I do like the way you telling everyone on here and lse that your out.....pathetic really as you really want people to follow you that is why your telling everyone

[rafieh] 18/2/2019 10:14

Dave,The fact is someone has been happy to pay 70p for the shares TODAY, and in large volumes. It matters less who they bought them from.

[firw00d] 18/2/2019 10:10

That's me fully out, thanks so much FOOT and well done john09 your reverse indication paid off for me

[snoopy12] 18/2/2019 10:09

We know 75p is the benchmark set by JD it may not get there today or tomorrow. One thing is eventually if there was a bid then we are looking for 75p plus.

[squarepeg86] 18/2/2019 10:05

Thanks Dave. I would have thought PI's would be all over it though for anything upto 75p. Surely the JD price gives a very good indication of where its heading?

[dave4545] 18/2/2019 10:00

squarepeg

They did not buy in the open market from market makers. They crossed their stock from other large institutions.

That is why price is not trading at same levels as highs paid. It's simple a normal day of pi's v the market makers, if nobody sold and pi's chased it could in theory get to 70p but pi's do not hold long these days, you have the traders taking a quick profit and then all those that gambled below 30p will have come out to take a big profit too. Hence why it's struggling to get over 50p

[kirk 6] 18/2/2019 09:58

Nice recommendation peel hunt lol

[davidpines] 18/2/2019 09:58

18% bought by my calcs another 12%

[davidpines] 18/2/2019 09:55

The first buy from jd that was then followed by more they already said in the rns they would be buying 30%

[spob] 18/2/2019 09:54

they bought more after that

[davidpines] 18/2/2019 09:54

So what trade 08:08:5450.00 8,676,878 4.338m

[babbler] 18/2/2019 09:52

they have already bought more. Keep an eye on the trades. 70 and 75p buys were after the rns. So they intend to buy the whole lot imo. gl.