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what farce this country...suppose to be 1st world!!
uk market is absolute ****.
as uk investor moves to better pasture in us and asia for better returns.
country is still stuck in 1800, with govt. policies from times before jesus christ.
rich aristocrats run the country with no regard for regular people who are trying to make some money for decades.
uk is the chepaest market in the entire universe
Theory like smoking the reason for inflation ;-)
You lot seem to be losing the narrative people are starting to find there voice and waking up ;-)
3.8m shares is very conveniently just below 0.5% of HBR's shares in issue, ie just below the disclosure limit for short positions
Perhaps yesterdays 2 x trades were one of the 'invisible' shorters closing out and the shares going back to where they were borrowed from.
Just a theory like......
US 10yr heading in the right direction $ flat oil trying oil holds up should be back in the 310s unless it's being flipped;-)
Same trade buyer and seller notifying the mkts if it was sold and not just transfered to the penny flippers who then go back and pick up more once worked through.Hope to be wrong but probably not
Not that you should worry your only paid to post
Happy coco ;-)
11 million worth of shares is a lot to penny flip ! or should we say 22 million !
yea same bull **** from you paid to posties ;-)
bank of america back to the penny flipping and 11m reported by both parties positive for sub 299s but someone with money doesn't share your lots vision.time will tell if its getting flipped for pennies as well...
@upomega these boards are full of folks in a coma either intentional or otherwise for the most part id say intentional
but there be woken up soon enough the bongo drums are getting louder
atb;-)
Https://energywatch.com/EnergyNews/Oil___Gas/article16798413.ece
shame the article is behind a paywall !
Meryl Lynch are back in the holdings , from holding nothing 4 weeks ago to now being the 4th largest holder with 3% of the company consisting of 20million shares.
Two £11million trades at 11.50 and 11.52 !! at 299p per share !
10 million shares traded again today !
NAV_Mike,
"Doing okay then the familiar sudden smackdown around 2pm.....", indeed Sir !!
Has to be someone in the America's building a position at ~300p/s, my money is on one particular amigo, although I would have thought other buyers are thinking the same.
aimo & dyor
.....and again
Doing okay then the familiar sudden smackdown around 2pm. £3 is proving difficult to breach and hold
Yes Brent came off a little today, but its still around $1.50 higher than Friday
Aye I agree - just one of those disappointing days where the stars have aligned (Brent price and general market) but HBR has a really meh day....
300p is obviously/psychologically a key resistance but once broken and sustained for couple days, things could then rapidly/positively accelerate north as maths here clearly justifies it.
Well we do seem to be encountering a degree of 'roundnumberitis' currently in addition to the recent afternoon pullbacks weve seen recently
Seems to be a desire to not pass 300 at the moment, despite Brent doing well. This was manisfested by a lot of two way AT business being transacted at exactly 300 at 9:02. Perhaps a selller at that level?
Would be > wouldn't be
NAV_Mike,
Would be surprised the see TR-1 with our Mexican amigo adding significantly.
aimo & dyor
.....and again an afternoon runaway from the 300 level, at odds with a strong Brent price
*inflation*
go back to your smoking causes you ******* paid to post clown ;-)
We seem to be getting back into the good old pattern of afternoon selloffs regardless of what happened earlier in the day.
Anyone explain what caused todays dip from 2:30pm? Obviously something US related but it certainly wasnt the oil price, which headed in the opposite direction
Perhaps 300p is a line in the sand our shorty friends dont want to be crossed?