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Online Share Trading

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SHP- coming back to earth

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prancing_horse
Super Contributor
The action of SHP share price the last few days may suggest that even though the results may be good are going to disappoint the market somewhat. Maybe at longlast I've called a short correct.
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25 REPLIES 25
DEP
Super Contributor
Long due for a pull back.
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Rams
Super Contributor
Just wait for the horse to leave the stable before closing the door...
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Rams
Super Contributor
Anyway how's the pairs trade coming along
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DEP
Super Contributor
... oh Rams - the is a "word" to describe a guy like you!
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Rams
Super Contributor
And does anybody really care...it does not affect the market and it cannot, so who cares...you want to argue, then argue the facts, about the ALSI, SHP, GND ,BTI. Rather than ranting, raving, complaining about who or what I am...thus far I have not had even one intelligent response to any of the posts....you want to short SHP...go ahead, tell us why,when, your entry, your exit...just stop complaining and whining
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prancing_horse
Super Contributor
If you really want to know went 2000 cfd's short on 3 AUG SHP @16630, as as for your comment on CMP, it was about TIMING.
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DEP
Super Contributor
That should silence Rams for a day or so...
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DEP
Super Contributor
Oh ,,, and by the way i'm still holding my PAIRS PIK vs SHP entered last month.
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SimonPB
Valued Contributor
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DEP
Super Contributor
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Rams
Super Contributor
So how could you have entered this pairs trade,a month ago, if you posted today " long due for a pullback"
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DEP
Super Contributor
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sponono
Super Contributor
9 July: SHP (156-160) up 2%. PIK (4367-4380) up 2.9%. Your profit is abou 0.9%. After costs and time value of money you are probably under water now.
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SimonPB
Valued Contributor
work out relative strength between the 2 and use that ratio for the trade ..
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stores
Super Contributor
Hey Simon "relative strength between the two"...that could be an interesting webinar...I do not know how to do this.
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DEP
Super Contributor
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prancing_horse
Super Contributor
DEP,I'm sure you'll be floating soon
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DEP
Super Contributor
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DEP
Super Contributor
Sponono - how's you long SHP?
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