ITV must now be a bargain. The current team clearly are an issue but you'd think the big American companies would recognise the bargain.

The yield is also high and can be reinvested. That really does limit the down side. You can even win here if it drops further!

Chris its finding them that counts.

Have you got a system that as flagged up 52 breakouts to watch today?

No mate, I find it helps to be trading the stock before not after the event. I'm hoping SGE might be next, feel free to flag it on the thread if or when it occurs.

Chris SGE been coming up for the past 2 week. You need to look at multiple time frames.

Its in a long term uptrend channel and is off the base line. Im very bullish .

ITV breakout, Liberum slap a 255p BUY SP target on the stock.

Worth a read.....

http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/media/11064518/Liberty-Global-positions-for-ITV-takeover.html

ITV BROKER RECOMMENDATIONS

Date Company Name Broker Rec. Price Old target price New target price Notes

01 Sep 14 ITV PLC Liberum Capital Buy 217.60 255.00 255.00 Reiterates
18 Aug 14 ITV PLC Credit Suisse Outperform 217.60 250.00 250.00 Reiterates
08 Aug 14 ITV PLC Westhouse Securities Add 217.60 220.00 228.00 Reiterates
31 Jul 14 ITV PLC Numis Buy 217.60 260.00 260.00 Retains

New highs today.

9 Sep Berenberg 184.00 Hold ?

Added @ 213.27 on the spreads (Dec contract)

That potential suiter says its not going after it now.

Gf - Does this look the face of concern! :0) :0)

Yes.

Then watch this space gf :0)

11 Sep Credit Suisse 270.00 Outperform

LATEST BROKER VIEWS

Date Broker New target Recomm.
29 Sep Credit Suisse 270.00 Outperform
26 Sep Liberum Capital 255.00 Buy
11 Sep Credit Suisse 270.00 Outperform
11 Sep Liberum Capital 255.00 Buy
10 Sep Investec 236.00 Hold
10 Sep Liberum Capital 255.00 Buy
9 Sep Berenberg 184.00 Hold
3 Sep Westhouse... 228.00 Add
1 Sep Liberum Capital 255.00 Buy
22 Aug Liberum Capital 255.00

Chris

I haven't looked at ITV price recently, why the price drop ? You said that 210 was a entry point for you , did you get back in..

alders - What I actually said was 210p was long term resistance prior to the breakout to 52wk high 222.5p. And not to be surprised if 210p was retested to establish support.

I own a few and hold a number of spread bets, I last added on the spreads @ 213.27 (Dec contract) My long term target has always been 230p. In view of the broker forecasts above I may have to revise that hopefully.

I had a spread bet @199 and closed it @207 a two day trade, am thinking of going long again if it breaks 210

Nice one alders. The only possible fly in the ointment is the possibility that sp may retrace at some stage to close the gap between 195p and 185p we'll see. Either way it's a hold for me owning the shares and trade able with spread bets. Have you considered quarterly bets yet? The spread is slightly higher but eliminates overnight charges that can add up.