George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Qcm again? These clowns shorted at 250 causing the share price to fall to 210 ish.
The biggest position they had was about 0.6% short but they reduced as darktrace recovered. Qcm guy on twitter suggested they still had a short position about a year ago but at this point they almost certainty closed it all
I wonder if poppy and senior management are going to be moved on?
What happens to those big shorters when a company is bought. are they having to buy loads of shares now?
Https://www.telegraph.co.uk/business/2024/04/03/ftse-100-latest-news-stock-exchange-brent-oil-eu-inflation/
Surely Darktrace has to be near the top of any list of undervalued companies to be taken over
I agree with Charles, we should be at 1000 by the end of the year easily.
Some pretty close to ramping takes this morning
Fact, large tech investor has pulled out!
There it is charles. CSO selling 800 000 shares. Not the rns of interest though
Also one more shorter closed and one increased
Yes it is.
90 million pound uncrossing trade.
21 million shares bought on the day????
Charles can you please keep your ramblings in one thread rather than make 3/4 for effectively the same post
If you cant see the similarity between bitcoin and darktrace then .... well I can't either
I believe that this share would be worth way more if they invest in r and d more.
So easy 8 pounds
Kintbury capital have 0.9% short
I am flip flopping. Ah well i wil hold for a while longer.
I still haven't sold, I just can't bring myself to do it when the stock is flying up.
Yes probably no more lse for me. Going to just buy index funds tbh.
Good thing I delayed selling this afternoon. A good place to exit
Questions have always been there surrounding the product that Darktrace produce. Peel Hunt wrote that "many felt it was more of a glorified rule/pattern-based system."
Based on the low R and D spend (compared to competitiors), which manged to decrease (as a percentage of revenue) somehow, I think it is almost certain that Darktrace do not have a true AI product. I believe that they may have some machine learning, but it is clear for me at this point to think that with the money they spend, the wording of the AI research centre leading me to believe they don't have many AI people on the dev etc that they have dont have an AI product.
They are still doing well financially, and growth is slowing but there. I do wonder at what point there limited R and D spend will come back to bite them. The CFO gave some comment about the style of their "AI" meaning they need less spend, but sadly that excuse makes no sense. If you want to improve an unsupervised AI you need more money not less compared to the known bad approaches. Unsupervised learning is often less understood and harder to pull off than the easier classifier/supervised approach.
I have made some money from buying in at 330 but I have now decided to fully sell on Monday and leave the DarkTrace forum. I won't post again to avoid unnecessary chat.
I wish all longer term holders luck
Have DT ever addressed their lack of R and D spending. It actually decreased in the half year results, never heard of this before for a tech company?
Nice boost again at the start of the day, but no stopping until £4