Micro Focus Share Discussion Threads

[dr knowledge] 01/2/2021 17:49

See Gladstone reduced again on Friday which undoubtedly added a good few pence into the rise. Now at 1.04% which tells me they are not exactly expecting any shocks this time next week. ;-)

[scepticalinvestor] 01/2/2021 17:34

agreed, day trading is almost never profitable.

[rochdae] 01/2/2021 16:21

All the trading houses are designed with advanced algorithms. They are all automated to accumulate and to make a few percent here and there. Human decisions don't really come into it at all unless there is real news. Then the market resets and starts again. The only way you can win is to buy a good growing company and hang on or sell a poor failing company and hang on. The other options will just lose you money.

The posters who boast about their trading expertise are just not saying how much they lost on other calls.

Roch

[watfordhornet] 01/2/2021 16:18

PurchaseI believe you right hence why I am holding.However it is just your opinion(which is same as me) rather than 100% factual regarding reasons for CFO to leaveWe probably won't know for sure till next week but unless you know 100% there is still risk that our opinion may be wrongNo surprise then that people are taking their positions

[12toes] 01/2/2021 16:10

Great prediction sceptic "it will close higher imo - at least mid 420s imo"ITs 415 now BWAHAHA

[purchaseatthetop] 01/2/2021 16:09

CFO is leaving because he is a turnaround specialist. Job done. Share price drop is normal for this share. Will rise 8% tomorrow. Just relax.

[12toes] 01/2/2021 16:02

Ok why has it fallen 7.5% today

[scepticalinvestor] 01/2/2021 15:59

check out the brain on brad (12toes) lol

[12toes] 01/2/2021 15:55

Shares don't fall 7.5% for no reason

[scepticalinvestor] 01/2/2021 15:09

agree - have no desire to sell although I am in the lucky position of having a much lower avg

[rochdae] 01/2/2021 14:57

It's always been the same ...

But you need to zoom out on the chart to see the upturn.

[watfordhornet] 01/2/2021 14:53

It's been volatile for weeks - up and down regularly. It was lower than this at beginning of last week - thought it was dropping through the 400p barrier.

[scepticalinvestor] 01/2/2021 14:45

very odd drop today i have to sayprobably selling ahead of results perhaps

[scepticalinvestor] 01/2/2021 13:45

it will close higher imo - at least mid 420s imo

[cromw3ll] 01/2/2021 13:41

This seems a traders share, never so many ups & downs.

[scepticalinvestor] 01/2/2021 09:24

I love the volatility of this share - insane! But it is the reason we will see 500p soon imo

[purchaseatthetop] 29/1/2021 16:10

I love the reddit/ws attacks on the hedgies. It makes me think of the phrase "you were the future once'

[scepticalinvestor] 29/1/2021 15:57

450p you beauty

[phillis] 29/1/2021 15:53

Hedge funds have much larger balance sheets and credit facilities than the Reddit unwashed
People who make leveraged buys need credit and settlement risks increase
Counterparty risk needs to be managed sensibly

[dr knowledge] 29/1/2021 15:17

Philis - you seriously don't know that a lot of hedge funds short from leveraged positons as well? Also approximately 140% of GameStop's float had been sold short, meaning the shorted shares were re-lent, re-lent again and shorted again. Legions ahead of the Reddit boys when it comes to inappropriate behaviour. C'mon............please. ;-)

[phillis] 29/1/2021 15:02

Gamestop was stopped because of the counterparty risk - with everybody buying effectively on credit i.e.leveraged
Perfectly sensible and appropriate thing to do

[scepticalinvestor] 29/1/2021 14:14

That is exactly my approach too.

[rochdae] 29/1/2021 13:30

Never move anything around. Just look for a bargain and hold on, buy a few more on weakness. But each to their own.

[purchaseatthetop] 29/1/2021 13:04

apologies martinfrench. I tend to have a core holding in all my preferred shares and then move a couple of lumps of money around depending on what is coming up. I was heavily in NEX and MCRO up to a couple of months ago, reduced my holdings and moved into ITX, AGL and BMN. Now I am reducing in BMN and moving back into MCRO and NEX. Luckily I had an infusion of a few tens of thousands to my SIPP yesterday that provides more liquidity.
I think that MCRO has a sustained run of increases coming up. The Nov 20 update gave indications of improvement but the market cannot quite believe it yet. When they are sure (and a dividend is announced) the price will go massively upwards.
Maybe 9/2/21. I will be heavily in and I moved quite a lot over this week.
Good luck to all here. If you are lucky, so will I