I don’t even know what the SP for sky is right now.
No idea what you are fussing about.
Stop staring at the squiggly lines all day. The day to day market behaviour for Sky is unlikely to lift your mood.
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See you all again in Feb.
Have a wonderful Xmas/NY.
I look forward to seeing what Sky can deliver for us next year.
Chat soon!
Well would you look at that... my long term holding is back to breakeven :).
Looking like capitulation to me so I have made my first swing entry.
What a poop show
Small consolation Sophie is down 7% on her 83000 shares purchased 31 August, but what’s $10.5k paper loss to her?
At this rate we'll be back at 1.59, a.k.a the dead-in-the-water 15.9c that for month after month SKY investors got used to seeing on their screens through bloodshot eyes. Back then Sophie said SKY was seriously undervalued by the market. What now then? Without news the market assumes the worst - and given Sky's track record that is the right thing to do. It fills in the gaps and with the only "news" being that the Chairman has done a runner who can blame investors for selling down.
The antidote to market jitters is to start making announcements on....anything. Property sale is the biggie. The funds (if returned to shareholders) will provoke an instant revaluation. Just get a move on, otherwise all the good work with the share consolidation will come to nothing.
So much for the share consolidation making this a less traded share....