Member Info for BacchusII

Over the last few days sells have topped buys by, I don’t know, 8 million according to this site.
Surely, if this was true the share would be dropping like the proverbial stone.
What is going on? Any experts among the Shorters?

Well what a strange sell to buy ratio over the last few days!
Something is going on in the back rooms.
No Zoom ...tomorrow GLA

Watch these bounce higher close of play again!

When Tullow has good news to share day traders will miss the rise as expect a between 20 and 30% spike!
IMO

Expect BathWater to say he bought back at 32 pence when they don’t drop.
He’s a typical “buy, buy” when in and “sell, sell” when out.

I wonder how much Toothache is losing on his short?
Was it drop to 25 pence then will buy at 19.5 or 17.5 pence, lol

Why don’t you doomsters sell up Tuesday and find another opportunity to drag down.
“I’m not a Shorter. Oh woe this share will drop nothing good here!”
Go somewhere else.

Er...if Shorters continue to short a share that goes to zero they are the winners!
Therefore, in a zero scenario they are definitely not thick.

Sellers today, kicking their asses Tuesday 29thJanuary.
Almost wish Xmas could hurry up a bit, lol. :o)
Next year should see a change in fortunes i.e. Shorters lose Longers gain!
All IMO of course!

....after close of trading otherwise Lloyds would have closed higher, like at my 42 pence prediction.
So they will go to at least that next week!

....after close of trading otherwise Tullow would have closed higher!
Onwards and upwards.

42 pence tomorrow IMO at some stage.
Cheap as chips. Hold tight as announcement of resumption of dividend February will further drive the share price to over 60 pence. Sold most at 39.25 pence but been buying since drop with all spare cash. I’ll keep the kitchen sink though!

I think some market news is imminent methinks!

MMs must be filling your 2 million shares sell order.
By tomorrow Tullow will be back over 33 pence and you can kick your own ass.

I feel so sorry for those that panic sold yesterday!
They never learn.

All shares are down so this drop was inevitable given the circumstances.
Positives for Tullow remain the same. Panic selling normally ends badly for PIs. Seen it done it before!
It’s a technical drop!

Don’t sell when there is low volume IMO. A share will trade flat or lower as those PIs who need he money sell. Then boom.

Bertie: Depends on share purchase cost but assuming you buy 10,000 shares at 32 pence, pay stamp duty £16 and commission of £8 so totalling £24. Sell at 33 pence and pay £8 commission. You make £100, difference between buy and sell, less the £24 and £8 so £78 profit.
With 100,000 shares a hefty £780 could be made each time.
However, miss a big rise and have to buy back and can hurt the pocket.

You could have traded this share in (32 pence) and out (33 pence) at least 4 times the past week.
With no news:
Can’t see share dropping below 28 pence even if Shorters pile in to drive the price down.
Can’t see share going above 36 pence unless Shorters close more positions.
With news (positive):
BREXIT 40 pence upwards
RBL 40 pence upwards
Negative news I just think is almost in the price but could fall to 20 pence.

Yeah, I sold late Friday and 20k this morning expecting a retrace. I could have been wrong!
Couldn’t resist the dip and back in with only 30k at 32.67 pence.
Still expecting a gradual increase to 45 to 50 pence by February 2021.