Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
There's no borrow on it anymore which accounts for a little bit of the bounce. Good trading lejjb :-)
You buy the co. you buy the debt, there wont be an offer, low ball or otherwise. It may limp on but don't for goodness sake hold it for too long imo obv.
For you Sanchez, although why I give a shit I can't comprehend. That was the first of several tranches.
https://ibb.co/6mgQ72v
My brokers are IG trading on PRT btw in case you don't recognise the format and look it's the 20th, day before the bounce.
Equity markets are structured to promote companies and encourage their valuations to rise. Brokers, shareholders and advisors are all incentivised to see shares go up. Almost nobody wants shares to fall. Even those who don’t own a given company’s stock have no compunction to see the collapse of its value. Indeed, as with all asset classes, a valuation is generally made with reference to a comparable asset, and so the rise in price of another company will by proxy increase the value of your own holdings.
To compound this dynamic, the vast majority of equity research is undertaken by conflicted institutions whose objective is to earn fees, not enlighten investors. The bias in research coverage is clear to see by the quantum of “buy” recommendations versus “sells”. Just ask a research analyst with a few years of experience about the constant pressure they face to generate optimistic investment cases. “Sell” notes are like salad - they buy no friends. And there is an army of young willing analysts ready to step into your shoes and earn a decent living pumping shares, if you want to be principled.
It is in this context that short sellers and other cynics operate. They fight against a relentless tidal wave of credulous half-truths in which bad corporate behaviour is laundered. Indeed, bad behaviour can lead to juicier fees owing to the metronomic return to the piggy bank, and so sometimes the worst companies can be the most attractive to the swarm of advisors.
Very ironic.
Pdub can't be polite to anyone apparently, rax...... broadly yes. You're almost certainly not going to lose your shirt from here but it's a long way to the £1 party, just a reasonably well run mining operation with some potential for growth.
Rax, the shorters believe the V price has further to fall, and they're betting on a further deterioration in world trade with Sino-US relations as the catalyst. Or, less likely, they believe something is wrong here. I personally don't believe the latter
Still short the Dow, further to go down imo.
What's a dividend lol. I end up paying them usually (curse of the short seller)
Conrad Black just got a pardon in the US, and Rob Terry is still being investigated by the SFO. Even actual, as opposed to fantasy, misdeeds take ,forever to never, to be prosecuted/investigated. How many shithead bankers went to jail in the US after 2008.....answers on a postcard ( a very small one). Personally I'd take half the lying CEOs of AIM companies out and put them against the wall for the value destruction they cause to shareholders to keep themselves in the luxury to which..etc.
BUT, they get away with it, therefore they keep doing it....Lenigas, Shaer etc. etc. ad infinitum. The City is a cesspit without a doubt but going after the highly regulated mms you're barking up the wrong tree. But then it never was about the RSP providers, was it.
The unbelievable hypocrisy of the Tories who bailed their city chums out to the tune of 850bn now claim EU rules disqualify them from helping British Steel with a lousy 17m Truth is the Metropolitan elite don't give a rats ass for the working class who would never in their right mind vote for them anyway. Livid
Bought REMX ETF, rare metals (possible China export ban)
Note to self, US ETF priced in dollars (doh), had 100x more than I wanted, trimmed a little now
Bearish chartists even less so ;-)
TCG may be the next old name to go, for equity holders anyway, imo.