Taylor Wimpey Share Discussion Threads

[jibba_jabba] 11/3/2011 09:51

That should be it..

[sir rational] 11/3/2011 09:49

Having another go

[sir rational] 11/3/2011 09:17

OK glass half full I know but kind of reassuring to see it snap back so quickly, the way the big picture is going in the world we need that 39-40p support to become really strong and one way of demonstrating that is when it's tested and comes through with flying colours.

[spennysimmo] 11/3/2011 09:08

It's not a case of a shortage of stock, it's as SR says. cheap stock. 40p is a psychological round number so stops will be placed either at 40p or slightly below. Why do you think it dropped and rose again so quickly. I came unstuck with this on TNI a couple of years back because my stop loss was visible on the order book and the price dropped for literally seconds, took out my stop and immediately the spread closed again. Never again will I place a stop loss sell order to be visible on the order book.

[sir rational] 11/3/2011 09:04

Cheap stock

[shaws37] 11/3/2011 09:04

Exactly who does win. I could understand on a small aim share but surely there is no shortage of shares for TW.

[spennysimmo] 11/3/2011 09:00

To obtain the shares at a lower price. You put a stop in at 39p. The stop is hit, your shares are sold, the price immediately goes back above 40p. Who wins?

[shaws37] 11/3/2011 08:58

why take stops out, was that the aim ?

[spennysimmo] 11/3/2011 08:39

That was a load of stops just taken out FEW, that's what that was.

[imastu pidgitaswell] 11/3/2011 08:38

Well if there was going to be a test of 40p (or 39p) it would be today. Some stops at 39 may have just gone...

[fewdollarsmore] 11/3/2011 08:23

what the fudge just happened there!

[sir rational] 11/3/2011 08:20

I was right, still doesn't seem to have spooked the mkts too much.

Good job our TW. foundations are solid!

[sir rational] 10/3/2011 23:19

I wonder if there'll be another earthquake soon. Somewhere along the Pacific Rim no doubt.

[sir rational] 10/3/2011 21:39

Down in the morning Jibba

[jibba_jabba] 10/3/2011 21:32

If they have any sense, they will top up before letting the cat out of the bag......

[sir rational] 10/3/2011 20:14

DIRECTOR BUYS @ 25p.

THEY WANT 75P-100P back

[sir rational] 10/3/2011 17:23

Big churn, v healthy. Did you see those funnies after the bell?

[imastu pidgitaswell] 10/3/2011 16:44

Hard to say - TW will want reassurance that the buyers are 'good for the money', and unless they're paying cash (Mr B...) the buyer will have financing arrangements to sort out and confirm. Plus the buyer may want due diligence themselves. Could be a while before it completes, but an announcement of a deal could be a few weeks to a few months - hopefully the former.

In the meantime, some pointless lines on a chart:

[sir rational] 10/3/2011 15:51

How long do people think it will take for the TM news?

We know a (second) round of bids was submitted last Friday.

You would expect assessment by TW.'s advisors to be reasonably quick, I'd be surprised if we didn't learn more within a few days.

[sir rational] 10/3/2011 15:45

Gotta look on the bright side. Could be a major test of support across the market in the next few days, if it weren't for TM news imminent I'd have been out I guess but not worried about TW. now even if it slips a little.

[ludl0w] 10/3/2011 15:37

reusable plaster too

[kfp] 10/3/2011 15:36

Sir Rational
You are one of those posters with a plaster for every sore, I love it !!