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Our CEO isn’t Public Company CEO material. That’s what’s been the problem. He can’t help himself from behaving like a petulant child. He surrounds himself with yes men. He needs to either take this private himself, or he needs to endear himself to some PE outfit, that will be willing to bid and keep him on.
Otherwise, we will be stuck here forever.
Schlemazal
Further to what I said earlier, today was fast money that got in prior to the update, getting out.
I do believe that today was the final shake out.
(Or as MM’s new Middle East buddies would say Sheikh out).
Strong finish to the week n my e suspects.
I added more today.
We had a run up to yesterday’s trading update. I’m sure some hot money got in ahead of it. THG very leaky. They’re just getting out. Normal service will resume once the dust has settled.
No need to panic, take a step back and enjoy the ride up to £3 (according to manifesto)!!!
About 18 months ago MM said he would give up the GS. He didn’t go through with it. He didn’t want to lose the company “on the cheap”. He reneged on a promise, thus protecting himself, the company and the shareholders. This time he has gone through with it.
Presumably because either he intends to be the one to buy the company “on the cheap” or someone else will buy it “not on the cheap”.
We will have to wait and see which, but one of those is nailed on.
IMO.
SBB and Betaville just pointed out that OCDO is one of the most shorted stocks in London. Probably causing this squeeze.
Just wanted to highlight that shorts aren’t always right. This bb is always quite obsessed with shorts opening/closing/increasing.
I say let them get on with it. It’s a horrible practice. Hoping to profit from someone else’s demise.
Someone clearly accumulating.
Instructed a market maker to hoover up any available stock throughout the day, then pass it on to client on the UT.
Been same pattern for quite a few days now.
I'm hoping its Apollo. Im hoping this pattern continues throughout the summer, then they give MM one last chance, before going hostile on 16 September.