Redde Northgate Share Discussion Threads

[pistonbroke1] 27/1/2016 09:49

I agree bc4 the bots are in control, loads of 100 AT trades very visible yesterday. The're using the bots to accumulate without letting the price get away from them.

[bc4] 26/1/2016 16:45

At the moment the share price is being controlled solely by computerised trading but this has happened before so no panic there seems a little more resistance to the drops as we get nearer to results but there will probably be 1 or 2 more goes at it. A lot of companies are reducing the divi not REDDE so this should underpin the shares roll on FEBS results

[capricious71] 24/1/2016 10:17

I think the overall malaise in the market brought about a sensible dip in the share price that would have happened anyway. It was looking a little expensive.

[napoleon 14th] 23/1/2016 16:31

I don't doubt REDD's quality.
The market might have some sellers to cover other, less attractive, positions.
I was in at 25p, so WTF?
Sold none.

[fizzypop] 21/1/2016 13:50

Nice recovery underway

[fizzypop] 21/1/2016 11:58

Paltry volumes atm so just a drift sideways around 172p.
Will we return to 200p on the trading update - I do hope so.

[pistonbroke1] 20/1/2016 21:31

Hopefully it will bounce once its filled this gap at 171 but if 170 fails to hold then just under 161 is next support and triple bottom.

[treeshake] 20/1/2016 20:35

Trouble is finding the bottom - should be a bounce tomorrow

[scottishfield] 20/1/2016 20:33

Very much agree bc4

[bc4] 20/1/2016 19:45

When everybody is selling a good company that is the time to buy the great late Jim Slater . There is a lot of short selling in this market so sit tight and ride it out results in 4 weeks will confirm we are in safe hands here with increasing turnover,profits and divi which will increase least a 10% and will be the same with the profits GLA

[nicky name] 20/1/2016 18:44

when oil is cheap, people drive more miles, and unfortunately have more accidents.

jitters about jitters?

[treeshake] 20/1/2016 18:17

It's not just China it's oil

[petersinthemarket] 20/1/2016 18:14

This is starting to look like a rout. How on earth can all that stuff going on in China be bringing down an accident restoration provider?

[pistonbroke1] 20/1/2016 11:18

Mind the Gap --@171

[steeplejack] 20/1/2016 10:15

I don't think so.The days of the proprietary book have evaporated with increased regulation.Reduced risk and negligible speculation is the name of the game for our banks.They want to lend to those who have no need to borrow and avoid those that need support.The marketmakers will be caught just like everyone else.Hedge funds aren't closing down for nothing.

[melf] 20/1/2016 09:52

Not much exposure to China or oil here. The market makers must be loving this volatility.

[capricious71] 19/1/2016 14:22

A much healthier chart than the FTSE100.

[skinny] 19/1/2016 12:11

An update on post 1758.

[xtrmntr] 19/1/2016 11:53

Just bought a few more. Watch out for the inevitable price drop.

[jam2day] 16/1/2016 14:20

Based on general market malaise - nothing what so ever due to with charts/trends.
FTSE down 2% Dow down 3% redd down 2.5%
Since the start of the year all markets have been in reverse - which obviously includes REDD.

[petersinthemarket] 15/1/2016 19:22

Based on the 2yr chart the share price is simply returning to the lower trend line. No need to panic. Plenty of odd share price reactions in the market at present. Disappointing (and temporary imo) as it may be, this is a strong company with good dividends and an assured future. I'm sticking with it. Have a good weekend. pete

[pistonbroke1] 15/1/2016 17:33

UT 185p

16:35:26 185.0000 39,744 UT 184.2500 185.0000

[fizzypop] 15/1/2016 17:08

Closed at 184.25p

[pistonbroke1] 15/1/2016 16:39

And there we have it, a close bang on the 50DMA

[fizzypop] 15/1/2016 10:53

pb1 ... looks like you may be right ... 187p and falling