Can anyone tell me what the 8.3 form is on the RNS? Surely something big is about to happen. OF and other investors have a lot to loose if things go pear shaped. SLE cannot afford to deliver another wet squibb. The effects of such would completely destroy any confidence in the company.
Rascol, of course you are right.----the shorters have been spot on for a long time, and have made a lot of money. --But going short at this level, with a potential bid in the wind, is a very brave thing to do.-another round of selling @ 62 just now, is taking their life I their hands, and you have to ask --- is this more than just a trader, or a much deeper plan ???
Shorters tend to get a lot of stick here, but if you were to go back to anytime over the last 4 years who wouldn’t short SLE? You would know with certainty that the SP would drop significantly, the shorter strongly suspected it would and had confidence in their own assessment. Ultimately the aim for us all is to make money; to have a more secure/comfortable/lavish future for ourselves and our families. The simple fact is that only the shorters have made any money here over the last 3 years, whilst the rest of us have watched the value of our investment dwindle. I for one congratulate them; they have gambled and that bet has paid off time and time again.
All that been said I strongly abhor the underhand and often clever strategies employed by some on other forums to deliberately misguide or scare investors into selling for their own personal gain.
I see your earlier post about going short has been removed----guess that was on your request. ---no need to be shy, I enjoy hearing your game plans. --you've had a seller of 80 shares only another 49,920 to lol
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.