They are shorting based on chart momentum. I'm not a trader or someone who bases my investments on what the chart is doing. I invest into undervalued business with tail winds. With a long-term view.. |
Listen morons. I keep telling you what's going on.... Nat hasn't reversed his position yet and enjoying his little game he likes to play. |
To misquote humphrey bogart, of all the shorts in all the towns in all the world, wq walk into vlx. what an odd move. What do they know that isnt in the public domain? . Yet. |
WQ have increased their short.
Well, I hope they get absolutely burnt.
To a crisp. |
This goes where Rothschild wants it. I keep telling you when he's short. It's a game for nat. One of many he plays DAILY... I hope you Morons made money betting on Trump to win the lElection...You think it's a coincidence that Trump swept the board after nat endorsing him months ago.The moment I saw him advocating for Trump on X, I placed my winning bets... It was never in doubt.You think Trump is in charge?He's in Nats pocket. |
Last time we saw these sorts of levels back early last year there was a rally of around 40 percent up to the high 300s. So I reckon a positive trading update should do the trick but will be waiting till next year for that. |
Looking at some of those stocks, like CBOX and OTB. VLX out classes them surely.The solution to market malaise is to get stuck in and buy more of quality stocks like VLX. Not the US indexes or crypto. Also, can't keep waiting to buy.Or sell.Need to buy! Otherwise, we're part of the market malaise.This cruised up to 370p this year.VLX is a quality company. Buy more now for hopefully a quality 2025... |
![](/p.php?pid=profilepic&user=sphere25) Economic malaise.
Good way to put it ymaheru.
Economic malaise in broken markets.
That certainly is a drag on top of our market dynamics. It seems to be getting worse, with some of the negative moves out there. The indices are looking shaky and the US is naturally going to whoop our behinds when they correct. It looks like they have started.
I went through the watchlist last night and I am watching 115 shares, not tiddler speculative high risk gunk, proper companies - smaller caps. And of those 115, I can count about eleven which are in a bullish trend or look tolerable:
OTB,ECEL,CBOX,AA4,KIE,COST,SAA,NEXN,FIN,RFX,SRC
The rest are just beaten down, doing nothing - little moves here and there. There are some which have had a bullish trend but now seem to be rolling over. But basically, it paints the picture.
Considering the boom in speculative assets like crypto, I can't recall it being as bad as this. Our markets are knackered and need change.
Maybe we look back and go....those were amazing buying opportunities but it just feels infectiously gloomy doesn't it?
But yeah, VLX was a good example of how it is right now.
Blooming hek...doom and gloom.
Let's hope we can find some good out there.
Anywho, rambling on too much now.
Ourra here!
All imo DYOR |
I think the ‘results v TTG bid’ discussion isn’t the whole story in explaining the share price.
Shaker’s concerns above also come into it. Manufacturing shares have been hit. Judges is down 16% in the same time VLX is off 19%. So, I think the general economic malaise may be biggest factor, then perhaps that results were nothing special. Although TTG dragged VLX down at the time, I’m thinking that’s no longer a significant factor. |
Seems a steal at sub 280 but out of favour. Watching before adding while markets on fear mode again. |
I agree that "the market" was "punishing" just the idea of the take over.I took more. People happy to buy as it rose quickly to 370p not too long ago. But slow to buy now it's at a nice discount.For a while, it really hugged 317p. It would go up, then always back to 317p. 15% increase back to there is coming IMO. |
I can't say I'm unhappy the TTG deal has fallen through, the last thing I have wanted is to overpay.However, I don't understand your complaint that TTG is a badly managed company, and so, by implication shouldn't have been bid for. Surely that would be one reason to bid? Take it over and run it better to reap the rewards. |
As the man once said buy when others are fearful. Just topped a small amount. This was a very good share pre TT and still is. Bargain. |
TTG is currently not a well run company, I read with dread the RNS stating the takeover and the debt pile that would accompany this. The current debt consumes quite a chunk of cash in finance payments, but that's palatable considering the quality of the stable of companies VLX has acquired thus far.
I couldn't see the rationale of acquiring TTG anyway, it's not exactly a fit for the current business, NT should maybe stick to his knitting, not everything he touches turns to gold, he's been involved in a fair share of historic business disasters. VLX is a gold standard of a turnaround and how to build a business, so dont deviate from what's working just fine, didn't agree with taking on TTG and am glad it's terminated. Maybe a little bit of trust lost here on this debacle, it'll take some time and numbers to move past that. Just my opinion. |
I was hoping after they decided not to go ahead with the Purchase the shares would head back up again. Guess I will have to wait for another set of results for a recovery. |
There comes a time though, when there is more 'value' in unloved index constituents. |
Agreed, you wouldn't mind todays fall if the UK market occasionally followed the US markets upwards, but nope we only follow when they fall |
Added at 282p.
The US have a monstrous party. They then sell down a smidgeon, not even a proper well overdue correction to give them some form a reality check, and our shares get clobbered even more on top of the existing clobbering of doom and gloom.
I mean, that makes perfect sense right?
So erm yeah screw you US, nibbled a few.
All imo DYOR |
297.50p +4,25p
That's the way the way I like it, says the song and me too |
295.50p +2p
Last night's chart showed the 61.8% FIBO retracement early on the day
"61.8% is a Fibonacci retracement level that traders use to indicate potential market reversals." It's considered a strong level of resistance or support, and traders may use it to enter positions. |
A very good size 84K UT @ 293.50p
16:35:00 293.50 84,547 UT |