The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen 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.
Crazy us markets.They have to crash sometime.Ackman got another short on us corporate debt again a few months ago for the same price as last March when he turned 23 mill into 2.3 bill or something.Personally i wouldn't have offered him the same price on the same bet again.He did eventually get squeezed on his herbalife short by Trump's mate Icahn though.
What a joke. Where is FCA when 21% of the shares are loaned out to shorts! and Piās are loosing out due market manipulation. A catchy hashtag is a must any suggestions welcome. Just buy and hold, this could seriously take off and also the spread word enough is enough (no more shorts).
Market abuse?! hahahah - Pot calling...jeez it's seriously a sorry state of affairs when you have acknowledged systematic market manipulation as the norm! How are the FCA going to classify trades as abusive vs a genuine trade. They need to sometimes just shut their mouth and not provide commentary.
Have just read that Uk investors may be joining in. However our ever watchful FCA are warning investors against it as we could be breaking market abuse rules. Couldnāt make it up!
Surely they canāt be worried that shares like Pmo COULD be manipulated. Lol
Needs a catchy hashtag to get noticed.
I wish we could team up together and teach the professional traders a lesson for shorting PMO. We should get together to purchasing and hold the share beyond 30p+ so that they cannot get back in lower. This could seriously happen if we spread the word on all the platforms we use. Letās take back control!
Free range humans on a tax farm, soon to be caged humans if we allow it.
Someone's making serious money from it:
https://www.marketwatch.com/story/gamestop-shareholder-sells-off-stake-valued-at-over-1-billion-11611855951?mod=mw_latestnews
The only thing we are free to do is to consume...
Just had a read up on the Reddit situation, absolutely criminal. āRobin hoodā app aswell, itās as though they like to rub it in your face when they control the platforms in their favour. Freedom of speech gone, free markets gone, freedom to travel gone.
:D
another 1 post guy pops up...
The Reddit squeeze wouldn't work over here soon has this share price hit 30p most would jump out and take the profit.
Whatās all the Reddit about?
22% or abouts
Gusher,
Are you part of the WSB lot? You sound like it!
marketwatch XD...
of course wsbetters would say that mainstream media pushes all this crap to manipulate you...
could it be true?!?
waiting for the next leg up here if it comes. oil price is lacking any direction.
https://www.marketwatch.com/story/how-gamestops-surge-recalls-ghosts-of-past-trading-catastrophes-11611790728?mod=home-page
Maybe Gusher80 thinks the author of the above is also 'missing the point'. No Latin in the article, thankfully!
Seeing as hedge funds regularly disappear like a windblown Tizer can into a hedgerow (up front charges and 20% of the profits, quite often. It;s the punters who foot the mistakes. Why make money out of the shorting when the punters have provided the yacht and the moated shepherds hut in Padstow lol.
Looks like GME is up another 25% pre-market.
Was up to $500 earlier!
https://www.marketwatch.com/investing/stock/gme
"Where did sauerkraut go?"
He is still on boards with many masks. He, his mistress and soldiers are being bulling from time to time. They do not have enough matter to hold their fortunes. Time will tell.
Daave,
I looked at Reddit, but it's hard to find anything specific - so many threads and posts.
Do you have a link to the page of targets? Thanks.
Agree GME just as likely to continue going up more before the inevitable pull back. Although I thought I heard a lot of brokers are preventing new positions from being opened? Messages were popping up on IG yesterday about this, but I wasn't paying attention.
Indeed Bob, PMO down most likely just with the rest of the market, and oil. Although oil looking like it might be bouncing off the bottom of the uptrend channel again - will depend on markets overall as to whether it can sustain it.
Alpha, well they dont seem to be panicked into selling judging by todays drop. Again !!!
If you actually read the information available you will get the ālistā of places they intend to do similar to what they did at GameStop..
What percentage of PMO is shorted? Someone mentioned cine, 7% there..
GameStop is going to go up more before it goes down.. something stupid like 120% of the company is shorted! - so for it to work elsewhere would probably require a similar situation
Dodger,
I believe one or two hedge funds have lost billions yesterday by having to close out short positions by buying stock back, also pushing the price of Gamestop up further (the short squeeze!). I'm as happy as anyone to see them taking a beating!
I understand that a lot of those who got involved yesterday were buying to hold, but prepared to lose their stake. So be it. There will also be those that got swept up in the euphoria of battering the hedgies who didn't really understand what they were doing, and typically those will be the ones nursing losses when the masses realise that the moment is gone, and it's time to bail! Will be interesting to monitor the stock and watch it play out when US markets open later.
PMO could be on their radar if they are looking for the next target!!