Redde Northgate Share Discussion Threads

[rogthepodge] 16/9/2019 17:45

probably worth 180p. That wasn't the first time it had let a less profitable contract go to a mug competitor. And Woodford's predicament has resulted in forced selling which obviously restrained recovery.

[jackdaw4243] 16/9/2019 17:33

Added a few to-day. One contract caused the drop, some consistent buying.

[skinny] 16/9/2019 12:03

Société; Générale 6.88% --> 7.01%.

[sphere25] 16/9/2019 09:16

Current price 126.2p. Take two at the breakout. Sellers came in the afternoon on Friday to prevent the breakout. Let's see if it can hold the breakout this time or whether they bash it back down again. CLOSING UPDATE Closed at 127.6. Significant move and breakout confirmed today. We had a tease on Friday where it came back, but it has broken out convincingly today.

[bc4] 14/9/2019 06:26

The only reason I was asking at the last trading update you were a bit wary of Woodford

[rogthepodge] 13/9/2019 22:43

Very sensible

[bc4] 13/9/2019 18:30

Toffeeman are you invested in REDDE ?

[rogthepodge] 13/9/2019 16:09

weekly close above 120p looks positive

[sphere25] 13/9/2019 15:55

I suspect the majority of Woodford stock has been placed. That 50m volume day hasn't been explained by the recent holding statements. He might still have some to go, but we can see the dynamic with a couple of funds buying and a couple selling. The stock was moving well and looked like breaking out in the afternoon, but sellers came and hit the book at 124 down to a close of 122.4. So despite breaking that 120 area where I have noted regular sellers, it still hasn't broken out in a convincing manner. Next week will be pivotal. It either cracks on and breaks out of the very apparent range or it just falls back into it and faffs about for abit.

[toffeeman] 13/9/2019 15:27

Let's hope Woody doesn't decide to sell into strength next week!

[montynj] 13/9/2019 14:19

I've just bought into these shares

[skinny] 13/9/2019 12:43

125.00p - 6+ month high.

[rogthepodge] 13/9/2019 09:03

Ridiculously underpriced

[master rsi] 13/9/2019 08:44

Volume is the key and there is plenty today 271K so far Yesterday at this time there was only 42K, so is 8 times

[toffeeman] 13/9/2019 08:16

Yep 120 is the key - let's see if it holds today.

[master rsi] 13/9/2019 08:08

BREAKOUT 123p +3p Has gone over the last Intraday high

[sphere25] 13/9/2019 08:06

Might be breaking out over that key 120 level. Started the day well, needs to close above it. Still nothing from Woodford - be nice to get his position as it has been so important here.

[master rsi] 12/9/2019 22:51

Very close to a Breakout if done then aiming for 125p

[master rsi] 12/9/2019 21:40

Someone is very interested in getting stock as after hours there was a very good size buy 65K deal. 12-Sep-19 17:10:28 120.00 65,000

[rogthepodge] 12/9/2019 17:57

Muppet usually changes his moniker every time he is embarrassed!

[rogthepodge] 12/9/2019 17:56

Muppet usually changes his moniker every time he is embarrassed!

[hawaly] 12/9/2019 16:40

Yes - his immediate neighbour probably qualifies for that moniker as well ....😒

[jackdaw4243] 12/9/2019 16:32

Muppet in No 10 or is there another