I watch that the BB as well and agree with your comments, and find its a bit out of sink with the daily SP.
I have bought in here for the first time since my quick trade on the huge drop in March. Whether bought as an investment with the dividend in mind, based on the CEO buy, the share buy-backs, the trading update, it's clear that there is value in these shares at this sp area, it may take time but that's the nature of an investment. The impact of the recent negative press will diminish in time & I'm sure the audit will put a positive spin on the situation, whatever it says. The fact is there is a huge market for cup which is growing, it does have a touch of sleaze about it in some areas but the service offered by the likes of cup suits many modern lives...gla
British Bulls recommendation is to stay long http://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=CUP.L but I now join the ranks of many posters who have a healthy scepticism of the usefulness of the British Bulls. They are chalking up their buy recommendation on Thursday night as a success claiming the share price was 69 something when they made their recommendation and that the prie has risen since that recommendation. As far as I'm concerned they update their site after the close of business when cup was actually 73p on Thursday night and so has fallen. But what the heck. I am disappointed to see Ennismore have upped their short here two days on the trot and hope they are now playing a risky game which will end in them closing out here never to return. The advfn cup bb has gone bananas. Looks like cup is going to be roughed up by a few posters over there because a few IOF holders (a sell according to British Bulls http://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=IOF.L ) are annoyed that a cup supporter has been shorting or dermaping IOF. All rather juvenile if you ask me and I would normally say that what's written on a bb has no effect on a share price but it can put folk off buying and panic them into selling and I think does have a bit of an impact on Aims shares. Agree with Patnik entirely - there's no real news here at the moment so nothing really to say of any great importance and worth sitting tight until news arrives. See what you were meaning iLeeman about it being a good sign about the MMs not letting the price move up as I might have been tempted to sell a tranche rather than hold for bigger gains. There's a line about Leeman in this and that's my laugh you can hear right at the end of this in the Glasgow Royal Concert Hall in January 2012. The Money Shuffle http://www.youtube.com/watch?v=udGzBZxWEFg
Seems like they aren't doing too well at the moment on their shorts. Ive been through their latest short positions from around March and they must be underwater on the majority - the latest being Ocado where they look to be suffering a major loss while reducing their position. As you say Ian this smacks of desperation in an attempt to drag down the sp and scare a few into selling. Anyway the real value of this share will start to shine through and Ennismore know it, this is a time bomb for them. Good weekend all.
would that not mean that they went short at 74p ish yesterday and that why it dropped today, have to say I had 30,000 underwater but sold 5000 at b/e 70 earlier, got scared of the drop :( they not getting any of the rest... wish aal & fxpo not tanked and would not have bottled it :(
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