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I spent a large part of the day watching the RMG ticker and was perplexed that whilst the sp was steadily moving up, Sell volumes were outnumbering Buys by 4x or 5x, so the sp should have fallen. I had a look for reasons as to why the sp can increase when sell volumes outnumber buy volumes, and found this:"The price going up is determined by the movement of the bid and the ask prices. The control over that lies with the market maker. ""But you will often see a day where you have a price rise accompanied by capital outflow Or conversely a price drop accompanied by capital inflow. That is created by the short transaction of the trading period. So if the price rises and there is capital outflow that tells you that short positions are being established. If the price falls and there’s capital inflow that tells you that short positions are being closed."Anybody know what is meant by 'the short transaction of the trading period'? Would be useful to be able to spot when short positions are being opened or closed
simx, BlackRock, Citadel and Marshall Wace are jointly holding a 2.82% short position however the reporting threshold is 0.5% so there may be several holding positions of 0.49% and waiting in the wings?
We are usually bombarded here, but there is an absence of obvious Trolls. Their not required for the time being as the Company is being damaged by its own workforce. In the meanwhile the shorters continue to take the "bread from their mouths"
How short sighted are some :-(
The change of name is just letting the companies intentions be known to the wider public.
The split is coming.
I have exited a few positions today from what I averaged down from in recent weeks, the next couple of month's will see UPS report on October 25th, VESA, the trading update in November and obviously any dispute updates.
GLA.
There will be a holding company and the companies will be split.
RMG UK is holding GLS back and needs to see if can stand on it's own two feet.
GLS in 10 years. based on it growth rate since inception if it continues to compound the growth, when the GDP eventually recovers to normal levels it will not only surpass the turnover of RMG UK but it will likely have £1 billion a year in free cash flows.
Well spotted.
If short positions wer opened yesterday then someone is expecting a retrace back down through the 180's. Vesa review outcome is due by Monday 10th Oct. at latest, so someone gambling it will be turned down?
AngerSharkz, how long after a short position has been opened must it be declared, I thought it was a couple of days?
Simx, Correct we won't see then yet. Plus as Oli wrote "there may be several holding positions of 0.49% and waiting in the wings?
The simple fact is that the price could just as easily hit either 2.50 or 1.50 in the next couple of months or both.
The LTH and regulars on the board from 2019 - 2020 will be all too familiar with the current trend and trading ranges.
A trade made 08:00 must be reported to shareTracker by 15:30 the following day.
Thanks for responses. My question though was whether one is able to observe short positions being created or closed in real time if the sp moves counter to capital flows without having to wait for it to show up on short tracker if it goes over .5%, or never showing up if the position doesn't go over .5%
Maybe try ShortEurope for Royal Mail.
AngerSharkz, "if my auntie had B0llocks she’d be my uncle".
I think you will find she'd be an Olympic swimmer?.....lol
AngerSharkz, "if my auntie had B0llocks she’d be my uncle".
I think you will find she'd be an Olympic swimmer?.....lol
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