Metro Bank Share Discussion Threads

[smartie6] 06/3/2020 06:26

The weight of panic may give a better sign today. I’m glad I’m not holding any shares going into this weekend, I just don’t believe my nerves would have held. Perhaps why there’s so many people buying toilet rolls. Lol.

Noticed they’re hitting the FED decision to go alone heavily this morning saying that those were wasted shells and that they should have waited for a concerted worldwide effort. Interesting times.

[smartie6] 06/3/2020 06:23

Ftse futures don’t look too bad at only 120 down considering Asia indices (over 2% on average down) overnight.

[sentimentrules] 06/3/2020 06:19

PPE will be fine . Bully tactics don't work. That's all she needs to learn.

[smartie6] 06/3/2020 06:18

You are correct about the RNS, if they do not issue one to at least settle investor nerves what will that tell the market after last nights fall?

[sentimentrules] 06/3/2020 06:18

I don't know. Only heard of him on this thread.

Remind me to PM you a PM at some stage over the weekend that relate to another stock .

You wont believe the Lenghts people try go to , to stop opinions they don't like.

An absolute orangutan. In for the shock of his life haha

[smartie6] 06/3/2020 06:16

Have you noticed that nano nano completely disappeared off all the BBs, including LSE, yesterday SR. Whilst the banter got a bit heavy, I don’t wish her harm.
Would have been good for her to have been honest though.

[smartie6] 06/3/2020 06:11

Says a lot to me that Matlot disappeared, did he liquidate all of his holding yesterday afternoon, I just wonder?
Get the feeling we’ve all been played by this self proclaimed messiah.
As anyone ever questioned him on whether he’s an employee holding a senior managerial role?

[sentimentrules] 06/3/2020 06:10

7am could be rns time?

[sentimentrules] 06/3/2020 06:09

Great question. Bank runs are a very strong possibly after 2008 and panic of today. In fact I would practically expect it

I'd say all the banks are worried about it but metro is not on the best of positions..

I rode would government introduce 'emergency laws' though? Boris would not be shy to do that and limit what people can withdraw daily .

Probably it's a threat to metro if a run comes on it before others

[smartie6] 06/3/2020 06:07

Very worrying times indeed.
Remember Metro Bank lost 9% in 10mins yesterday afternoon before being put in auction and we’ve not yet seen the response following this sell off as the market closed.
If it falls a further 10% at open, all major indices heavily down overnight, then we could be talking 127p at open.

[pione3r] 05/3/2020 23:20

The clients I work for are running out of stock to sell online. Expecting further 4-6 weeks delay as manufacturers haven't even returned to 40% production.

The market hasn't suffered enough yet.

[pione3r] 05/3/2020 22:59

Yup lucky you. I was riding from 720 and hoping to get out at 990. 30% metro loss recovery.

Anyways, got my eyes on Frasers, Aviva, On the beach and Ferrexpo once the rot stops. Should recover some of my losses from there. We've been given an opportunity.

[sentimentrules] 05/3/2020 22:49

In fairness I was nearly caught there myself

Went short 1715 to 700. Good

Then 740 buy to 900 Good

Then I was going to buy 965. Luckily I dont pull the trigger until see market at a price of interest. They sold off 965

So I placed order for 980 buy purely based on volatility. .and just got lucky..never went back there from 965 sell off

But if it had?,I was caught too for sure

[sentimentrules] 05/3/2020 22:18

Everything is a digit. Nothing more

Metro just another digit to odey and bacal. So must be to u too

[beerboy2] 05/3/2020 22:15

Your 100% right but that learning curve has been so invaluable, trying to separate your gut from trading trends all lessons learnt and hopefully not repeated.

[beerboy2] 05/3/2020 21:28

I listen to all the views on this BB to try and gain understanding from both sides, and as you've said gold. eft both wise choices, personally with me Metro was my 1st AIM share and although I'm not currently invested i have an emotional connection which I'm sure is a bad reason but hey ho.

[cantrememberthis2] 05/3/2020 20:47

Fair point SR