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Darren Sinden posted an update
6 months, 1 week agoCMC Markets CMCX LN reported their interim results today:
This is what brokers Shore Capital had to say about them ( see below)
The market likes what they see and the stock has rallied by +29.00% ( second image)
Despite that V impressive gain. they still have plenty of room to play catchup versus IG Group and Plus 500.(image 3)
IG Group appeared in a list of the most oversold UK stocks this morning by the way,
3 CommentsReacted by Richard Berry-
Richard Berryreplied 6 months, 1 week ago
There’s got to be a divergence trade there somewhere… I would’nt be short any of those atm
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Darren Sindenreplied 6 months, 1 week ago
Agreed, not least because Kraken or another player could take a run at IG Group again
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Richard Berryreplied 6 months, 1 week ago
It’s like the tail buying the dog!
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