We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
So your ok then, got the deal you want without the hassle and expense and remote control membership.
As I said, I voted remain and suffered a lose of professional privileges with Brexit.
Oh FFS, not Brexit AGAIN!!! That subject is done to death, it's over, done, finished, and it has nothing to do with AFC so stop dragging it up on here FFS. Moan about it with your mates on FB, Twitter, etc!!
The Swiss deal is still in negotiations as far as I’m aware. To replace the Miriam of treaties negotiated.
https://www.google.co.uk/amp/s/www.express.co.uk/news/world/1279210/eu-news-switzerland-reject-membership-lunatics-join-brexit-boris-johnson-spt/amp
They withdrew days before the Brexit vote.
Bb2 the death rate is also subjective on my levels. Italy for instance have a much better Mediterranean diet and considerably less obesity, France less human density and Spain has both of those advantages.
Am I saying the government did everything right.
In Russia its business as usual, people are keeping over in massive numbers. Lies and no testing?
No. 10% of all employees need testing every 10 days so quite a lot of testing carried out. Not in the most gentle manner normally I can say by uncomfortable experience.
Back in topic, looking forward to more good news and an improvement in the share price from the last 10 days ...
Desert the EU wasn’t exactly bending over to make the agreement a gift from heaven now was it.
The public voted and the government were left with Hobsons choice.
As for Covid, who’s getting the vaccines.....EU squealing like piggies this morning.
Italy France Spain etc all suffering from Covid, UK has twice the person land density of France so a communicable infection has a whole lot more hosts to choose from.
The Swiss are hardly racing to join the EU after the citizens voted against joining. I wonder why?
And I was a remainer ....
Southerhay, agreed! But I think there have been multiple petitions to ban short selling and none of them had any effect, so where to next?
It would be good if a lawyer could build a case for the damage done to any company and make claims against the FCA / LSE / Hedge Funds.
If it was USA a class action lawsuit might do the trick.
There is also the huge damage done to our own state and private pensions caused by shorting. How many pension funds are now underfunded, loads.
It probably does stimulate the market, its what it does for investors and companies that should also be taken into account.
If they want to keep shorting, then all shorts even synthetic should be required to be disclosed and available to view by all. And by all I mean all, even 1 share.
Haggis- if the FCA aren’t taking things seriously due to lack of resources then a nudge from parliament will be a strong indicator for them to investigate properly. Our collective voices should be represented by our elected representatives in government? Otherwise it’s single emails flooding FCA inbox which doesn’t seem appropriate. AIM needs tighter regulation.
Southerhay, the FCA have investigated and say it doesn't affect markets, which is missing the point completely. I don't know if Parliament will get involved in stock markets, they leave it to the FCA, which is as useful as a chocolate fire guard.
Someone should set up a petition to Uk Gov to get it discussed by parliament ?
Now, of all times, we need our economy to recover and our fledgling companies to be allowed to prosper without having to deal with practices that only serve personal greed.
Pandy2, that's nothing to what it was. See the article I posted a few posts back on this thread.
"GameStop’s shares have soared this year, from $3.25 in April, to $347.51 last night"
I hope it happens to the UK too, that will make our big hedge fund gambles think twice about shorting. The best thing to come out of it would be a complete ban on shorting, as it's just a scam anyway. I can't borrow your house or car and sell it, so WTF should anyone be allowed to borrow my shares (which are also assets) and sell them?
Also, all shorting does is ruin companies by causing huge dilution until the companies can no longer raise any funds, so they go bankrupt. It's despicable to allow this to happen to UK companies.
Nasdaq want an investigation into the supposed pump and dump. Seems the establishment only like their buddies to prosper. Bit like a football match with only one team....
Aim have you seen GameStop now. 1700% this year now!
Haggis
I have never shorted any stock and I'm a firm believer that the practice should be banned. It is a fact that the UK regulator banned the practice during the 2008 financial crisis in regard to banks and insurance companies. However shareholder (mainly institutions) who lend their shares to shorters make decent profits from the practice with almost zero risk so it will continue.
Do you think that investors have dumped stocks such as afc, itm etc, to cover losses on what that article says ?
BURN!!!!
The extraordinary surge in the share price of the ailing US video games retail GameStop and other companies has drawn the attention of the White House and the US regulator, the Securities and Exchange Commission, which both said they were “monitoring” the situation.
There has been a surge of bets by small investors, who are discussing their investments in online forums such as Reddit. GameStop’s shares have soared this year, from $3.25 in April, to $347.51 last night. The three largest shareholders in GameStop have made more than $2bn from the company’s astronomic recent share rise.
It has turned into a David-and-Goliath style battle between small investors and Wall Street firms. Yesterday, a US hedge fund that had invested heavily betting on the failure of the struggling video game store – a practice called ‘shorting’ – pulled out. Melvin Capital Management, one of a number of Wall Street firms that stood to make money for investors if GameStop’s shares plummet, told CNBC it had closed out its short position after taking a huge loss.
https://www.theguardian.com/business/live/2021/jan/28/gamestop-share-surge-sparks-concerns-stock-markets-slide-again-business-live?page=with:block-60125e638f08bf384c7646ff#block-60125e638f08bf384c7646ff
Having been here since mid 2010 yes I am a fool for waiting so long, but then my continued investment has supported this company through good and bad.
Vast majority of stocks are down 3-6%, AFC in double digits.........
Fools are always be fools, does not need anything to build. To be honest we investors are getting fooled all the time.
How much did it cost to build - fool
So a number B******s won't see their bonus after that trouncing ))
The back end of Jan yes cash is king, but the start of Feb will rise all the way to the Isa and tax year cut off. IMHO
In a falling market, cash is king and future tech at the moment obviously doesn’t justify support as the market currently shows, I have a firm grip.
Because it demonstrates the technology and the price hasn’t been disclosed which possibly means it’s done at cost, due to the massive advertising potential it has I’m not complaining, in fact the opposite. In order to see this companies potential we will have to wait 2-3 years at least.
Maybe the the rapid rise recently has rose tinted your spectacles
Oh my. So the technology developed to this point does not justify the market cap. Get a grip.