Quote:
Originally Posted by NTLVictim
What's the best site to look at to watch their shares tank in realtime if the rumour is true?
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Quote:
Originally Posted by lucevans
I just checked Yahoo stock quotes, and Phorm, BT and Carphone Warehouse are all down, but Virgin Media is up on the day. Coincidence?
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The LSE’s continuous trading hours are 08:00-16:30. Given the time that Charles posted, even he may not have known until after the close of market. We won’t see any effects of the story until the markets open tomorrow. While I expect the shares will open a good deal lower, don’t expect them to ‘tank’. Virgin Media’s lack of commitment was well known and the share price represents Phorm’s global potential. However, hopefully, we’ll be able to look back at this and say it was the beginning of the end for Phorm in the EU. The Charles Stanley report on Phorm states, “our Base Case assumption has the UK going fully commercial during Q3/08; …France in Q1/10; Germany in Q2/10, and Italy and Spain in Q3/10 and Q4/10.†Michael Armitage, the author, is another one who needs his bumps feeling. If Phorm think they’re having problems here, they should wait till they get to Germany.