You would have to think that with RG now holding 10% (maybe buying more) and other institutional investors and PI's with averages well over today's SP that there will be a lot of long term holders here not selling! If demand increase which we have seen last few days that this could see a significant rebound when/if we break 35p (end of today's guess) then hopefully mid 40's rapidly thereafter.......
I watch the short interest closely. It's bumped up from a bit over 22% as of January 15 to 22.4% as of January 30. Below is part of an email I sent to a pal with an investment in FUEL:
"FUEL has been heavily shorted. If FUEL puts up decent numbers and gives the all-important decent forward guidance we’ll see a big spike in the price; the shorts will get squeezed and run for the exits like an intrusion of cockroaches when the lights come on.
I looked it up, a group of cockroaches is called an “intrusion”. Not kidding."
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.