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'...I bought PHNX, just a few a 479 average and posted a stop. They work ok on liquid stocks like that.
Anyways, I was out all day played golf and had youth group later and when I looked all my PHNX shares had been sold and I nearly made £400!
The idea wasn’t to make money as I thought it was going to bounce! The idea of the stop was not to loose any money!...'
So, trek baloney, what you're saying in that statement is that you bought at 479p, they went up, you didn't sell at the higher price, but instead placed a 'stop' order to sell them if they dropped later that day to a lower price, which would be your stop ?
Tell me notrex, how does it feel, knowing I was right, and seeing your capital halved, and your dividend shredded ? How do you deal with having to give Rusty the benefit of the doubt, labelling him incompetent - despite his extensive background in the oil and gas industry and finance - rather than coming to the realisation you've been taken for a mug - and not for the first time. And not for the last either. 🤣
GG: 'Notice: We no longer track disclosures after they drop below 0.5%. It is possible that the manager still holds a short position even if we are showing it as zero.' You are correct that the FCA threshold is 0.2% (wef 18 Dec 23) - but I didn't cite the FCA short selling web site (https://www.fca.org.uk/markets/short-selling/notification-disclosure-net-short-positions) - I cited shorttracker.co.uk (https://shorttracker.co.uk/company/GB00BQHP5P93/) - where the disclaimer about their threshold being 0.5% is clearly displayed in a banner. Pity you didn't look before you pulled another one out of your ar se!! You really aren't very good at this are you GG - Game, Set & Match (again) - no need to apologise!! PMSL
Good news is JPM and Bridgwater have burnt some stock and the SP is now higher. Again! lol!
Must try harder!
Ps don’t know if anyone here has SEPL as well. Another good quarterly payer on same sector as DEC. Xd today and sp is higher after divi!
Usual caveats.
Trek
(It's 0.2% btw, you got that wrong too). 🙄
'...3. Total declared shorts (above 0.5%) now at 5.65% - there may well be more below the threshold...'
Exactly, notrex, so why waste everyone's time ?
Oh dear. Poor notrex. I'm sure you'll understand, one day. Or maybe not. LOL.
OK - do you want the good news or the bad news? Bad news you say? Well the bad news is that there's no good news (so nothing unusual there you might say?)
1. Bridgewater Associates increased their short yesterday by 0.02% - now at 0.90%
2. J P Morgan increased their short (yet again) yesterday by 0.11% - now at 1.48%
3. Total declared shorts (above 0.5%) now at 5.65% - there may well be more below the threshold.
To put that into perspective, ABDN are the fifth most shorted share in the UK at 5.8% - one more increased short here and we'll likely be entering the top five most shorted shares. Well done good ole Rusty - brilliant achievement - please pass on my sincere congratulations to the car crash crew!
https://shorttracker.co.uk/company/GB00BQHP5P93/
J P Morgan increased their short again yesterday by a further 0.1% - now at 1.37%. That's now 5.52% of declared shorts (those over 0.5%) - there may well be others below the threshold.
Clearly, good ole Rusty and his latest in the tragic series of limp wristed BBs are having absolutely zero impact on the shorts (except to encourage them maybe?).
https://shorttracker.co.uk/company/GB00BQHP5P93/
I can't help myself notrex, I love catching out liars, even anonymous ones. Liars, and morons. They're so much fun.
Blimey GG - you really mustn't get sooooooo excited - calm down dear - it's only an anonymous BB!!
'...I bought PHNX, just a few a 479 average and posted a stop. They work ok on liquid stocks like that.
Anyways, I was out all day played golf and had youth group later and when I looked all my PHNX shares had been sold and I nearly made £400!
The idea wasn’t to make money as I thought it was going to bounce! The idea of the stop was not to loose any money!...'
So, trek baloney, what you're saying in that statement is that you bought at 479p, they went up, you didn't sell at the higher price, but instead placed a 'stop' order to sell them if they dropped later that day to a lower price, which would be your stop ?
But that's where you screwed up, trek baloney. You stated, quite clearly, and more than once, that you put a 'stop' on your purchases at the time you bought them, at a higher price than they were at the time you placed your 'stop' - other wise ii would have made it clear when you tried to put your 'stop' on that you may NOT set a 'stop' price that is HIGHER than the CURRENT share price. So, you see, trying to be smart has only resulted in you being shown up as the liar you are.
Probably a bit early for you here in the UK GG. But if you buy a stock at 0800, it then goes up 10p putting you in profit do you know you can then put a stop on above your buy price the same day and protect your gain.
Anyways when you wake up in La La Land and read my post don’t expect a reply as I will be out on the golf course with friends on this bright sunny day praising how fortunate we are to be able to own even one share in any company,
I won’t be engaging with you again. Now go and make the world a better place by sharing a little happiness and not bitterness.
Trek
May be averaging down. They took the bulk out in March. 880-890 ish.
https://www.lse.co.uk/share-prices/short-positions/funds/jpmorgan-asset-management-uk-ltd.html
US opened down was down about 2% probably looking at short.
On a positive if gives one a chance to get some extra yield!
JPM have been wrong so far. The long game here with the debt run off looks quite positive.
I guess for an institution the size of JPM they probably balance across books so averaging down here is pence to them.
Usual caveats
Trek
Seems skiramp hasn't convinced J P Morgan yet!? LoL
J P Morgan increased their short by 0.46% yesterday - now at 1.27% - that's a big increase.
https://shorttracker.co.uk/company/GB00BQHP5P93/