Thg Share Discussion Threads

[leoneobull] 25/1/2022 05:46

" Stocks mount stunning comeback on Monday with Dow closing in the green after earlier 1,000-point loss"https://www.cnbc.com/2022/01/23/stock-market-futures-open-to-close-news.html3-0 down at half time and ends with a 5-3 win away...... stunning ...This is the first time since the aftermath of the financial crisis in 2008 that the Nasdaq Composite had been down more than 4% intraday and closed up. For the Dow, which was down 3.25% at its low, it was the biggest comeback since the wild trading of March 2020.

[leoneobull] 25/1/2022 05:41

BLDM is short, obviously.

[average down mug] 25/1/2022 00:08

☝️313; keep powder dry and pounce at £1 treble quadruple your holding and then sell and win xxxxxxxxxx

[bldm] 25/1/2022 00:08

Billionarebob just think of your losses like charity - you donated a lot money to others. Isn't this what billionaires do?

[billionarebob] 24/1/2022 23:47

Bldm what price did you buy in at?

[hatfullofsky] 24/1/2022 22:59

This is now trading on a x5 adj EBITDA multiple (FY23)For a high growth company, that is absolutely crazy !!!!!I loaded up today and will continue to do so, whilst this plays out.

[billionarebob] 24/1/2022 22:45

Bldm I chose to spell it that way it's a username you nob. As for the numbers I just post them at the end of the day your the one who gets all giddy like a nine year old child. Grow up and stop wetting the bed with excitement over your paper losses you weirdo.

[kw9143] 24/1/2022 22:30

Dow stages unprecedented 1,214-point intraday reversal, and all 3 major indexes end higher in tumultuous Monday
Last Updated: Jan. 24, 2022 at 5:15 p.m. ET
First Published: Jan. 24, 2022 at 5:44 a.m. ET
By Vivien Lou Chen and Mark DeCambre
comments

ANGELA WEISS/AFP/GETTY IMAGES
Referenced Symbols
DJIA
+0.29%
SPX
+0.28%
COMP
+0.63%
NFLX
-2.60%
RUBUSD
0.211696%
TSLA
-1.47%

The Dow industrials staged their first-ever 1,000-point-plus intraday U-turn to result in a gain, while other notable benchmarks also rallied in the final minutes of trading and reversed a sharp selloff.

Investors are awaiting an important two-day meeting of the Federal Reserve, the first of the year, that is set to kick off on Tuesday and could set the tone for the rest of what has been a brutal year for bullish investors.

What’s happening
The Dow Jones Industrial Average DJIA, +0.29% eked out a gain of 99.13 points, or 0.3%, to finish at 34,364.50. The index had been as low as 33,150.33 during the session, marking a 1,214.17-point turnaround. It is the first time in the Dow’s history that the index has closed positive after being down at least 1,000 points.
The S&P 500 index SPX, +0.28% finished up by 12.19 points, or 0.3%, at 4,410.13 after having traded handily below the level that qualifies as a correction during the day. The index had been down by as much as 4% during the day, marking its biggest comeback in percentage terms since Oct. 23, 2008.
The Nasdaq Composite Index COMP, +0.63% closed up by 86.21 points, or 0.6%, at 13,855.13, snapping a four-day losing streak.
What’s driving markets
The final 10 minutes of trading saw all three major stock indexes close higher —capping a dramatic day of trading that began with markets in free fall Monday morning. At one point, Dow industrials were down by as much as 1,115.04 points amid persistent uncertainty and angst, ahead of Wednesday’s Federal Open Market Committee decision and a wave of earnings reports.

Monday’s early stock-market selloff “was a reflection of surprise and fear,” said Mike Zigmont, head of trading for Harvest Volatility Management in New York. “But despondency turned into optimism and potentially greed, and now investors are thinking about the profit opportunities instead of the risk of losses.”

Volatility, whether observed or implied, has picked up “solely as a function of this cascading selling event that started this year, and came to a crescendo midday” on Monday, Zigmont said via phone. “A lot of it is trend-following, with computers that are doing the algorithms if the intraday path breaks downward. But it also works to the upside.”

Mark Hackett, chief of investment research at Nationwide, said that the market was being driven lower earlier in the day by three areas of concern: 1) fundamental deterioration in corporate earnings; 2) investor fear over Fed policies and geopolitical tensions; 3) investor sentiment starting to crack as technical levels breakdown for equity benchmarks.

[bldm] 24/1/2022 21:28

billionarebob, not only can you not spell, you can't count either. THat65 there's no hope. I've tried telling him that's not how the market works and that him counting number of buys and sells is as sophisticated as wiping with the table cloth.

[melegramforttongo] 24/1/2022 21:18

🐺 how many losing shares are you in ?
😂😂😂😂8514;😂ԅ14;😂😂;😂😂😂😂
28514;😂€514;

[likya123] 24/1/2022 21:17

I thought it would bounce at £3

Would not want to gamble on how low the shorts will take this but what I thought was unthinkable now looks very realistic....sub a quid.

[bossonmad] 24/1/2022 21:11

Hopefully this will bounce tomorrow

[wolfofhounslow] 24/1/2022 20:55

Nasdaq blue

[that65] 24/1/2022 17:42

23.3m shares traded, so there were 23.3m buyers and 23.3m sellers.

Trying to extrapolate 23.3m trades into whether they were at bid or ask is gibberish, especially when it's so volatile. Think about the timing of the trades, what's happening to the price and when your buy vs sell 'data' is recorded.

[billionarebob] 24/1/2022 17:36

23.3m buys and 23.3m sells.
46.6M volume

Where are you seeing that?

[space_bob] 24/1/2022 17:28

Wow I don't think anyone seriously expected to see it at these levels. Considering the wider market, in the short term it would be fair to expect it to go lower rather than bouncing.

[that65] 24/1/2022 17:20

no, it's 23.3m buys and 23.3m sells.

the second bit is correct though ;)

feels like exhaustion to me.

[billionarebob] 24/1/2022 17:17

End of day scores on the doors:
13.3M Buys
10M Sells
share price down 28p

[f56] 24/1/2022 17:09

srs8 - ever heard of a correction?

[bigballsbob1] 24/1/2022 16:55

Love to average down into this, keep the low prices coming! Im on a shopping spree

[hatfullofsky] 24/1/2022 16:41

Huge volume today

[maltajellied] 24/1/2022 16:40

maltajellied - 03 Dec 2021 - 09:13:08 - 5339 of 9131
...It's already down 73% so is anyone going to be shocked if it ends up at 140p?

I'm sure 4vik remembers this as he was very angry that anyone could suggest THG could go so low, especially without justifying their opinion with a chart (whatever difference that makes hahaha).

4vik is long gone from this thread, funnily enough, but I just wanted to post the above. I thought it would take much longer to get to 140p but never imagined it would sail past that in one day to 121p.

An all-time low means anyone still holding THG has lost money on it. Which is pretty astounding if you think about it.

[hatfullofsky] 24/1/2022 16:32

This board has gone crackers.

MM has seen his wealth fall as all of us have, as for presiding over a 80 %, who crated a multibillion corporation in the first place !? MM can't control the share price

[hamhamham1] 24/1/2022 15:32

Am sure Softbank are doing stuff to protect their money.