The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
was a bloomberg article on 11/5/21
Just read my daily FT and cannot see this article.
The problem is that the shorting hits all the stop losses of traders and PI's. These people then need to decide when to buy back in.
Do they buy back in now or wait in case it drops more? Do they buy and put in a close trailing stop loss in case the shorters return for another bite of the cherry? Do they wait for it to rise enough to show the shorts have been closed, 5p, 10p, 15p?
So the bounce is not as simple as just the shorts closing.
Re: derampers. I believe very firmly that continued aggressive deramping aligns with one or more of several factors - shorting/large spread bets, exiting investors and arbitrage players (Hedge Funds), larger investors wishing to enter at a lower SP and, from time to time, competitors wishing to stain our image/prospects. This is not a game, it is professional degradation of the SP by any means to benefit 3rd parties. Sadly, AIM is still a casino and, if you've watched as many gangster films as me, you'll appreciate that games are fixed, loaded and cheated, using cards, alcohol, props. etc. The amounts involved here are far greater than in any spin of a roulette wheel, so why expect anything less.
If people have been shorting then they might be searching for the buy button right about now looking at the sector recovery from this morning, including in the US at the moment.
I have just bought a decent wad at 50p.
VERY confident that unless AB has been telling us bullS, the prospects here are good.
I aim to buy more if it dips down further.
Do you seriously think, Scotty McJock, that hedge funds employ people to make de-ramping comments on here? What size tinfoil hat do you wear?
Oh! the shorting information must be correct!!! Just like all the trades reporting on all these websites.
It came from the same research where he told us the SP was clearly being pegged at 74p.
Haggis
The FT reports the level of shorting in AFC Energy as low - where are you getting your shorting information from?
Shorttracker also states no reported shorting !!!
Haggis. I agree that we've seen material shorting here, with moral ******s (RugRat et.al.) throwing petrol on the fire and a few weaker parties following. The other factor that intrigues me is the honey pot nature of AIM. The market seems to be populated by a myriad of investors who jump on the next shiny bandwagon with regularity, undoubtedly jumping back on stocks such as AFC as soon as something happens. I guess it's a strategy, riding roller coasters across the market, but I presume they will often miss a big chunk of the gains, other than some Hedge Funds who may have algorithms to ensure most of the ride is enjoyed? As always, it comes back to the FUNDAMENTALS. If the vision is sound and the technology is commercial and has USPs and there's growing market demand, then the only spanner to be aware of is competing parties. Well, if they exist, they've been remarkably quiet. So, in summary, ignore the dying bees and the short-lived flowers, just wait for the honey to arrive in ship-loads when AFC announces orders.
This stock is it widely owned/covered/known by institutionals yet.
They shorted the larger caps and MMs here make sure AFC stock trades in tandem.
Retail panic selling here. All this makes no sense given all points I discussed above.
Only the Hedge Funds have to money to bring all of these stocks down many hundreds of millions each at the same time.
Nonsense panic selling? Huge hedge fund shorting actually, just do a chart comparison of AFC, CWR, ITM, PPS, BLDP, FCEL, PLUG, and BE and it's obvious what the scam is, and the trolls on here that work for the Hedge Funds, ii's or Brokers are obvious too.
Scarpa50 - Well put !
Not the push or pull of many posters’ running commentary often done in a very biased way.
I’m fortunately in the position that sitting on a loss atm isn’t a major concern. Prevailing economic conditions can impact share prices both positively and negatively and can change within days. I accept that things won’t change overnight, that things take time, and sometimes the best things are worth waiting for. I can only reiterate what I’ve said before; patience is key and trust your instincts. If doing the latter means selling, that’s fine; but for me it means buying and holding. Use your head, but go with your gut. Not intended as a criticism or a ramp, it’s just my opinion. Some larger companies have revenue but they also have debt and numerous competitors in a soon to be crowded marketplace. AFC have the cash and the product but little revenue, so it boils down to whether you believe in the product being good enough to sell at scale. I do.
You value a growth stock on earnings POTENTIAL.
AFC guides to having revenues this year.
Do you know how much revenues ITM had one year ago? £3m. Do you know it’s market cap 1yr ago? £700m. And what’s changed since? A huge shift to clean a green, Biden winning, EU hydrogen policy.
We are heading to >£700m mcap this year at AFC.
Maybe everyone should just STFU about the SP (up or down, good or bad) and concentrate on the company?
Deramper not dreamer - maybe we’re;re all dreamers though :)
Junior why then say this coukd be at 30p if your trying to make an argument as new investors will be put off buying or sell as they are worried
Junior - you’re sounding like a dreamer now that you have sold. I trust absolutely nobody on this site apart from a very select few and they know who they are
pay your money take your chance, all big boys here.... well most.
i would rather loose my money than miss out on a golden ticket.
but thats me,,,,,
GLA
Agreed Mr A!
I stuffed a lump of profits at 83p into my pension which currently averages 11% pa so im not too bothered! Still have a load in AFC so looking fwd. Its definitely a good time to buy though imho!
Absolutely spot on Malik.
It’s trading as though it was valued like bigger hydrogen peers. It’s trading at a fraction of their valuations.
It’s OVERDONE.