Metro Bank Share Discussion Threads

[pione3r] 05/6/2020 11:11

thanks. I bought because broke the prev resistance since 19th May and MACD looked interesting.

Target 58p at least.

[spartan attack] 05/6/2020 11:01

Prob a breakout when the Piv target takes finish. Its in trend short term so probably be a 68p target from long termers

Obviously got to check key prices on way, todays high being one

[pione3r] 05/6/2020 10:50

SR is N Brown on a breakout? Now 26% up

[idontflykathyy] 05/6/2020 10:45

crazy

insane

[pione3r] 05/6/2020 10:43

jazaz, 23% rise. I don't even know their story/debt. It was pure tech trade.

[idontflykathyy] 05/6/2020 10:43

Melrose FTSE100 - doubled
SH Smith - almost doubled
JD Wetheerspoon - more than doubled

in like 2-4 weeks lol ;)

Add airlines shares too.

Business booming ;)

[pione3r] 05/6/2020 10:40

Just checked that N Brown buy at 23p loooooooooooool it is now 28p

[pione3r] 05/6/2020 10:37

sorry SR, mind is all over the place. Honestly thought £20k cap available. Not gonna lie struggling with text and visual calculation.

I would have preferred to open a demo account and exchange statements.

[idontflykathyy] 05/6/2020 10:32

Reminder: Barnier is holding a presser at 12:00BST. Baseline is he'll strike a negative tone on talks & potentially raise No Deal risks again. With clock ticking on the end of June deadline for a year-end transition period extension - $GBP may start to price in Brexit risks again

[cantrememberthis2] 05/6/2020 10:31

Why Metro Bank is Under Performing - Under Siege

Finally understand why we are not following Barc LLoy RBS VMUK its naughty big players:

How it works
This process can be used by hedge funds to either pump up a stock or to trash a stock but since I am using Herbalife as an example, we will discuss that situation. First information is widely distributed to make investors wonder about the company and to put fear into those longs that hold the stock. Next, high volume shorting takes place to drive the company's share price down.
As the short attack continues, more people parade out news to continue to put questions in the back of investors' minds. On a daily basis, shorts use computerized trading to control the direction of the share price. At opportune times, the shorts overwhelm the buyers (bid price) of the stock by selling short large number of shares to drive the share price down and to eliminate the buyers for the stock at that given time. For people who are not familiar with the bid/ask process of trading stocks, here is a link to explain that process.
Shorts need to control the stock's share price over a long time (often several months to well over a year), and can't afford to just accumulate an unlimited number of short positions in the stock, so they have to be buying shares at the same time they are selling shares too. When the shorts drive the share price down, eliminating buyers as discussed above, some of those investors trying to sell their shares at that same time will follow the share price activity downward lowering their ask price.
Now the shorts can buy back some of the shares they have shorted at lower prices including some shares where longs have put stop-loss sale orders to protect against downside losses. The shorts will only buy shares part of the way back up as the share price rises, and then wait to see if new buyers come into the market. If the share price continues to rise up to much again during the day, the shorts will repeat the same selling and buying process to control the share price.
As mentioned above, the shorts need to control the share price over an extended period of time. They need to wear down the longs with rumor mongering as well as by creating fear as the longs continue to see the share price go down from the computerized trading. They hope the longs will give up and sell their shares at the lowest possible share price.
Another observation, shorts try to wear down the longs by making sure that the share price closes down as many days in a row as they can put together. At the close of each day, I witnessed volume dramatically increasing as the shorts tried to insure Herbalife's share price closed down. Shorts are hoping the longs frustration with the share price continuing downward will end up in capitulation where as many longs as possible just give up and sell their shares.

[spartan attack] 05/6/2020 10:26

We will do this in sparta, where it only lets you spend what you have available. ANd hooks the market price at time of post, into portfolio. Then i dont have to babysit haha

[spartan attack] 05/6/2020 10:21

I quit

Pione you left a list over there, you need to rob a bank to top up to execute any ffs

[spartan attack] 05/6/2020 10:18

Hope so hahaha

[idontflykathyy] 05/6/2020 10:16

Talk Talk - vvvv brave call there.

Dodgy company

[spartan attack] 05/6/2020 10:12

Well here is a risky one but il give it a go as it has more percentage potential on sector

Talk Talk 97.6 buy. Stop 86p

[idontflykathyy] 05/6/2020 09:36

SA is good in mathematics and good in checking tech things... no wonder tech analysis suits him.

[pione3r] 05/6/2020 09:17

agree, today is not a day to buy.

[spartan attack] 05/6/2020 09:14

Need to adjust mine later me thinks. And look for consolidations but not many around

[spartan attack] 05/6/2020 09:12

Can do soft comms bar crude if u want. Crude and gold off and indices

State of play


Pione open risk £8000 R avail 2000 Balance £446 Booked Rtns to date £446

SA open risk £8000 R avail 2000 Balance £2030 Booked Rtns to date £2030

PIONE
CARD 41p stop 30p
IPF 52p Stop 40p
BYND 133.40 Stop 125
$BA 171 Stop 150



SR
SHI 31p Stop 23p
MARS 68p Stop 60p
FDN 165,22 Stop 140
AOT 66.50 stop 62

[pione3r] 05/6/2020 09:08

oh so no indices and commodities then? fair play, make it more challenging.

Just waiting for US open to give Shopify short call, or maybe Delta long.

[spartan attack] 05/6/2020 09:07

Tell u what. Il book out Dow £2000 now.let's stick to shares etc. If I ficus on gold dow crude this will be over before it starts. So drop those as options.

[pione3r] 05/6/2020 09:05

$BA met my $192 target. I'll let market FOMO take it into $200. This one may give me an edge over you for today.

[cantrememberthis2] 05/6/2020 09:05

Get on with getting to ZERO or change direction FFS.

Care not of negative or positive posters.

Its soooo boring