The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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.
a thought for EUA...shares tanked 50% this afternoon. A senior adviser/shareholder sold 27m shares.
Mining sector in general having another retrace day.......
Z
If you know about investing you'd buy up at this super price for EUA.
EUA is a cracking short here Novicehunter.
Sub 12p tomorrow.
Bozi shorting is imo immoral - very surprised to witness you endorsing it ?
I don't endorse it Rich3r. I've never done it myself.
I'm merely saying that EUA is not a buy at this level. Nothing more.
ok Bozi but 'cracking short' was obviously a pish poor choice of words then ......
Not really Rich3r.
The comment is there for anyone who is that way inclined and it remains my opinion.
It doesn't mean I endorse shorting as a strategy. I only hold the physical stock I buy but who am I to stop people from borrowing if they are reliable?
Why do you think shorting is immoral?
hi rcgl2 it's just my opinion, and feels like kicking someone when they're down. If shorting is done virtually via spreadbetting then fair enough as it doesn't harm the share itself, but if it harms the share then out of order imo. I know BNc always maintains that you cannot short SOLG
Just look at the volumes no one is shorting Solgold.
Well Bozi if it makes you happy it's done me for 2.4k on paper today. It real peoples real money you prick. I can afford i , others over there are in trouble maybe , mentally let alone financially.
Fk u
Covgaz why are you upset, shares go up and they go down.
It's not Bozi's fault.
Quady , read the two threads that i posted to Bozi on and you may see where i am coming from...but knowing you Quady , i doubt you'll see it. I did , it ****ed me off.
Covgaz are you on about the shorting argument.
I am Quady , short this fecker. In other words , kick a man when he's down , disgusting suggestion
Covgaz maybe I can help you out.
Just look at the volume nobody is shorting Solgold, trust me if they were, I would know it.
It's large companies that get shorted.
If you want to check which companies are being shorted, and by how much, there are many free sites you can use.
I will post one I use, not saying it's the best, but you can also use others, as their is no shortage of information.
https://www.shortdata.co.uk/companies-top-shorted.php
What do you want me to say CovGaz?
I'm really really sorry for anyone who lost a few quid today?
Look. It's part and parcel of investing. If people want to go and buy a crap company being pumped to high heaven by it's BoD they can do that but I'll have no time when the house of cards comes crashing down, as it has today.
And worse still, people are advocating a similar communication from the SolGold board. Ramp the sale and JV so people can trade a few shares... well it's just a bit tough.
Our wealth is decided by our investments. Those who wanted to see EUA for what it is did so. Of course it's unfortunate for those who did not.
Leave them Quady.
These people need someone to blame.
Worse still they want Nick and the SolGold board to go on a similar ramping spree to what the EUA board did.
We're dealing with people who don't have a clue.
I'm not rubbing anything in.
All these shares are traded on a stock market. People are entitled to take whichever side of the trade they like.
Someone could say they're going to short SolGold. Would you complain about that too? Go ahead is what I say to them.
I've lost money on shares before. Do I need anyone's sympathy? No. I take responsibility for my investments.
And finally, just to make myself crystal clear, I don't want anyone to lose money. Of course I don't. However, I realise that this is a virtue of the market as unfortunate as it is. For every buy there's a sell and for every winner there's a loser. It's just the way things are.
EUA could easily recover tomorrow and people claw funds back.
I'd have told anyone who asked to short it at 40p too CovGaz. I'm not really sure where you're going with this.
If SolGold drops to 15p next week then I'll hold my hands up and say that I've got this wrong and wish everyone all the best.
It's not kicking anyone when they're down. Don't take it so personally.
Ok Bozi maybe I took an emotional stance on things , you do come across as a genuine guy , apologies. Hands up .
RNS ?
And very interesting it is.
I don't think a single one of us predicted this as being a possible reason for the recent decline of the sp, but it looks as if it may have been. Good to see the company offering a full explanation.