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thomas cook


Joshi

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hi

anyone know that how long will it take to sort this thomas cook plc issue out ?

because i have my position in spread bet and i cant do anything with my money which ig hold it in my account neither withdraw it nor close it ?

does  anyone know about it ?

please share the knowledge if anyone can 

thank you 

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1 hour ago, Guest Rick said:

I held shares in Thomas Cook that I sold on the Thursday before they went into liquidation on the Monday morning. The funds have shown as unsettled since September

Thanks for your question. 

I would call our helpdesk to check on this. There were other traders in the same situation. Our corporate actions team will be able to check the transfer for this. 

Sorry I couldn't help more, all the best. 

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    • Interesting if true. Looks suspicious though. "Contains OS data Crown copyright and database right 2020/21" doesn't look like a usual ONS disclaimer. Can you post a link to the ONS source? otherwise not worth anything, I could knock this up in Excel in 5 minutes....
    • Also sorry if my profit target was hit it would equate to 1.76R, might be a big if.
    • I'm essentially looking to get into long positions over days with the low being somewhere near the bottom of the Bollinger band set to 20 days, 2 SD. I'm using the 1hr chart to enter so require multiple goes and hence my R is the total of those attempts. That's fine so long as I know that my profit target is realistic and might be close to be the top of the upper band and from recent history when the market hits the bottom it will often then go to the top or at least from how the market had been behaving recently it doesn't seem unreasonable. Assume the stop does not follow up at this stage or at least to break even for this trade (entry attempt) which could be 1R but doesn't mean much given the potential accruing loss of multiple entry attempts (eg 6 attempts would be 6R). 
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