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16-03-2017, 05:05 PM
#941
Originally Posted by airedale
Spark showing some strength today despite going ex divi.
Madam Janet calmed the US Spark investors with her speech, otherwise the price would be down quite a bit from today's close, bless her.
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17-03-2017, 07:45 PM
#942
A bit of large cap index rebalancing going on at close (International boys) SPK and RYM both hit hard.
Last edited by couta1; 17-03-2017 at 07:46 PM.
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28-03-2017, 02:55 PM
#943
I Made a great profit on St Patricks day - sold on the remarkable and short lived high and bought back on the later big drop. Made enough for a weekend in Taihape (including air fares). Since then it has been driving me mad. Every move I make it jumps the wrong way. I'm only posting this to nail my button pushing fingers down until it reaches 345cps.
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28-03-2017, 05:06 PM
#944
Originally Posted by craic
I Made a great profit on St Patricks day - sold on the remarkable and short lived high and bought back on the later big drop. Made enough for a weekend in Taihape (including air fares). Since then it has been driving me mad. Every move I make it jumps the wrong way. I'm only posting this to nail my button pushing fingers down until it reaches 345cps.
Big volume sell down by U.S players at the moment, will need to wait for them to finish playing before we get any traction.
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28-03-2017, 05:17 PM
#945
Member
Originally Posted by couta1
Big volume sell down by U.S players at the moment, will need to wait for them to finish playing before we get any traction.
i'm hoping the international players bring it below 335 before i jump back in. However, there was a strong rally this arvo so it might not get there.
Edit: i just noticed the last minute selldowns at 5pm.
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28-03-2017, 05:26 PM
#946
Originally Posted by couta1
Big volume sell down by U.S players at the moment, will need to wait for them to finish playing before we get any traction.
Do you have broker data to base this on?
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28-03-2017, 05:32 PM
#947
Originally Posted by Baa_Baa
Do you have broker data to base this on?
Spark has a very large U.S ownership, they control the stock and use it as a money parking spot, and with rising interest rates will be taking money out. PS-I reckon Spark is as good a hedge fund as any aye.
Last edited by couta1; 28-03-2017 at 05:36 PM.
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28-03-2017, 05:37 PM
#948
Originally Posted by couta1
Spark has a very large U.S ownership, they control the stock and use it as a money parking spot, and with rising interest rates will be taking money out.
The way you said it implied that you have the data to support your supposition. It's a reasonable guess though.
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29-03-2017, 04:21 PM
#949
Up goes the market and down goes SPK. I suppose when it does turn the same runners will be back with their cash and it will shoot up past the falling market.
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29-03-2017, 04:46 PM
#950
He does that all the time BB making his opinion sounding like a fact; dangerous ground.
How do you time trading in craic? Looks like ripper entry coming up?
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