Member Info for BarcelonaBill

Chillax Voltaire! You must work for HSS otherwise you'd have no reasons to contest my comments as you wouldn't know if I was lying or not. If HSS wants to come after me I have enough e-mails to defend myself. Whatever, IMHO, HSS will not see out February let alone the end of this week. That is my opinion, I am entitled to it and the reason I post as I do is because I don't like to see Investors potentially lose their money. Yes, I have a short interest here, I have admitted that. Yes, I am a disgruntled Creditor, I have admitted that. Why don't we just agree to disagree and see what happens. I can't post all the rumours I have heard today or this past week or so as I don't know them for fact but what I choose to believe and what you do are obviously poles apart. That's what investing is all about. Many people have made lots of money investing and trading in shares and just as many have lost. That's the joy of it all. So long as you invest with money you can afford to lose what's the problem? If you have problems with my posts just report them and LSE will remove as necessary. It's really no big deal. I really do wish you the best of luck with your investment. For my part, by going short, I have 'hedged my bets' If I get paid, great. If I don't, great.

Perhaps you could elucidate on what lies you believe I have made in my posts? (P.S. It's liable not slander as this is in written not spoken form).

How can I be slandering this Company when I only state facts or voice an opinion? My interpretation of their position differs from yours, simple as. Mine is based upon the facts available in the public domain and my direct experiences of trading. Yours appears to be based solely on their last trading update unless, of course, you can state otherwise. Perhaps you are a happy employee?

Voltaire, we are all entitled to our opinions and I respect yours for what they are. Just because a Company is busy does not mean that it is profitable. I do have experience of larger Companies and have dealt with HSS for over 14 years so my opinions and comments are based on a wealth of experience with this Company. I am, as you have correctly read, a disgruntled Creditor. Getting paid by HSS has been a pain in the backside and has been getting worse over the last 18 months. It must be very expensive to finance over £200millions of net debt so paying Suppliers late is one way to help reduce this overhead. However, it doesn't help a business grow when Suppliers refuse to fulfil orders due to non payment. It appears you are claiming that the CCJs being incurred are not due to any cash flow problem but just an administrative mess? Time will tell. I hope, for the sake of the Employees, they sort this all out.

Another three Court Judgments against them this week. That's five in the past month. Suppliers have had enough. Where did you see the news about the closures?

Another week where they have not paid Suppliers! I have now opened a short position here. I should imagine that Speedy are currently circling the stricken ship and will benefit by picking up the pieces on the cheap when HSS goes under (IMHO). This Company is a shambles.

And I share your interpretation of the RNS. Good though it was it had nothing new or definite in it. Don't get me wrong, I'm not knocking it. It supports an SP higher than we have at the moment but the sentiment surrounding PAYS at present is holding it back. People are understandably nervous given the shorters actions recently and everyone who has bought in these last few weeks should have itchy selling fingers to take profit. Fortunately, the Investors inherent sense of greed will keep them in. Now, if only PAYS would take out SCH I would be a happy man.

I've re-opened my spread bet. It would be rude not to at these prices! (I hope)

Pure profit taking in my eyes - buy on rumour, sell on news and all that. Lots of people are in huge profits on this and I took some myself when it went 8p up this morning. No worries here about keeping the majority of my holding going forward. Just needs a little time to settle down that's all, then the relentless march onwards and upwards should start again IMHO. Couple of days should do it.

In real terms wouldn't the short positions have reduced more than that shown, albeit only slightly, as there are less shares now that the buyback is going on. I share your thoughts @GS regarding the low SP and MCAP but I also appreciate Technie's views on the vulnerability at present. If this does start to lose ground after the trading update I see another trading opportunity. This isn't a share for those of a nervous disposition at the moment but if your position is one of a long term investor I can't see any worries (IMHO).

I think we have to take into account the prices that the shorters obtained when selling. I believe all of this started on PAYS last trading update when it reported that all was going to plan. The SP fell and everyone thought it was because the markets were expecting another booming profit forecast. In my view, the shorters started their actions then so were selling in the 460-470 area. Then, either they were in the know or were gifted the Director buy/sell RNS. That was their opportunity to put the price into free fall. With intense and sustained selling the robots would have reacted alarmingly, as they did. By the time that common sense had prevailed, i.e. some human had figured out that this was all illogical and intervened, the damage was done and the shorters had their 30 minutes, an hour or two max? They would have been selling from 460/470 down to 260ish so what would be their average? Low 300's? As you say GS, these people are professionals in their jobs. Do they wait until the trading update later this week and try again? Dare they? Or do they start buying, taking into account that, as soon as they do, the prices they pay should increase hour by hour, day by day. A dangerous game. I know which side of the fence I want to be right now.

Nobody was fooled when this lot floated http://www.thisismoney.co.uk/money/markets/article-2934481/Investors-turn-HSS-flotation-brokers-claim-greedy.html I reiterate. I have no holding here, long or short. Nobody seems to be defending though. I am just a disgruntled Creditor waiting for my money. Investors will have to wait a hell of a lot longer!

They wouldn't be the first IIs to get their fingers burned and not the last for sure. If this share weren't so illiquid I'd go short here big time. I don't have any insider info. You just have to ask any of their Suppliers what they think of HSS. They're just hoping that the instalment plans for payment that HSS have put to them are going to be kept to. I feel sorry for the PIs that got sucked into this pile of cr@p.

Major interest in shares today??? Either this lot have totally lost the plot or they have inside info.

Ed, If your comments have anything to do with the fall today then I thank you. Managed to pick up a load more on the cheap before the forthcoming trading announcement. Cheers mate, have a Happy New Year.

Cash call today for £18m. The first of many to come methinks. Wouldn't surprise me one bit if this lot did a 'Hewden' in 2017 and Speedy picked up the pieces on the cheap. Ridiculous amount of debt compared to profits and net assets and they're not paying their Suppliers. Nobody's coming in with a bid for this lot. Why would they want to buy £240m of debt? There's too much competition with cutthroat pricing. A walking disaster waiting to go bust IMHO. (I have no position, long or short)

I don't thinks that even Techni could read this one at the moment!

If you don't mind I'll continue monitor this one minute by minute. If I didn't I'd have missed the recent drop off a cliff, the rise back, today's drop, previous erratic fluctuations........... I've made loads just trading this one up and down whilst retaining my long term holding. It's just been quite easy to read and I wish I knew more about other shares that have acted this way.

I'm taking advantage as I do no believe that we'll get many more chances at these levels. If MMs want to play then I'm game.

Get used to these fluctuations. It was always going to be a rocky ride back up. Swift profits will be taken until stability returns.