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Increased again:
https://shorttracker.co.uk/company/GB00BMT9K014/
Presumably the £1.3 million sell on Wednesday. However, £2 million buys yesterday could be them closing their shorts off already - we'll find out tonight when shorttracker updates.
There must be a 10% rise next week
What makes you say that?
I sold out at £1.64. Currently waiting / deciding on when to buy back in.
More my dreams, than my sense.. I’m holding for the long haul
I wish you the very best of luck. I'll keep watching to try and time the bottom.
Remember when everything used to be stable? I miss those days.
This makes zero sense. Down nearly 7%
I think they're shorting anything retail (guess).
Although, we might be about to bounce. Seems to have been an across the board short this morning, followed by big buying in ones I'm watching. Although I don't see any in MOON. But aside from that, hopefully a bounce coming.
I just can't understand why such a profitable (albeit £80m net debt) company isn't picking up better than this. Especially given the recent trading update, large acquisition, and knowing that Q3-4 is where a larger portion of income comes from.
I agree with what you say, but the thing I’ve noticed is the ii’s are greedy b’stards. They want the biggest bounce they can engineer.
I’ve also noticed they buy in waves. So they force down loads in one go. Load up. Let rip.
How high will this now bounce? No clue. But it’d be really nice to see those shorts decrease.
Buy order executed. I'm back in.
short lived.. down already
Everything is. What the hell just happened?
Looks like another premarket sell off in the US
Still, the buying sentiment remains much higher which is strange
Just had to sell mine as I had them on margin. Sterling is tanking. The whole FTSE is tanking. FFS. I was having a good morning too.
Mental - still, I'm holding. Crazy that this IPO'd at 350p 18 months ago.
I’ll buy mine back at some point.
What I did just notice (on Twitter) is it looks like the markets and Conservative MPs are rail-roading Liz Truss in to ditching some / all of her uncosted tax give-aways.
So we *should* get some stability.
I did manage to my mine back @ 125. Nuts day.
Part of me wants this to stay at these levels for a few weeks so that I can bring my average down
Other stocks are available - lol!
We'll see what happens. It should rise now. But those shorts still haven't reduced.
How does MOON get upgraded and CARD rising twice as much
If I were to guess (I am) MOON has larger shorts against it and so they'll keep the price down for longer while they exit.
Other reason is: Sod's Law. I.e. the share you just sold will do better than the one you just bought.
At the end of the day, MOON is rising . And in the unlikely event it helps, I agree with you that CARD will get battered because of upcoming grim economic situation.
Looks like 1 short increased and 1 decreased. Although shorttracker makes no sense. Surely a bug.
Looks like Blackrock sold around 2.5% hence the £5m sell yesterday