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The 14% shorts of course holds a lot of weight. Only positive, if the results on 6th Aug are even marginally better than expected, there may be a short squeeze of so many shares needing to be bought, trying to be positive, but since i saw it at 48p, we just got to play the waiting game i'm afraid
It's only going to get worse until 6th Aug when we see how bad the half year results are . It did break 50p sadly before, and the fact we still got 13% shorts indicates hedge funds still betting against it. I woulsnt put my mortgage on it not going lower.
I am in long, and currently heavy red, my only positive feeling is knowing it did bounce back to nearly 150 before it dropped again, another run like that and some may be tempted to cut there losses as it certainly wont go back to 2/3 £ level anytime soon
Wishing I had escaped at 140s last month. This is a painful recovery. Big boys are manipulating things, too many shorts and daily rns buys and dumps. Now its broke below 80, where is next breaking point? I genuinely wasnt expecting to see it back so low. Obviously 12.6% shorts say otherwise..
A little 7am rns to kick us off into the week.
New ceo announced and interestingly a director has been appointed onto the board from lighthouse who they day own 15%+ now.(i'm sure last RNS was just under 13%, but shows the impact they have had buying up these cheap shares.. lets see how the market goes this week, hopefully green!
Lost any understanding of the rns's.
If you thought the goldmans one was delayed check the first one today.
The whole market took a slight dip and hmso has came back to about 125 at time of righting so as long as it keeps its own and we get a wee increase as shops start to open
I hope so too. Would like to get to about 180 for the shops opening, perhaps some wishful thinking, also see there was over 1m shares dumped after close Fri according to the trades page on here.. the price may take a bit of a yoyo first thing messing with sl or tp's
You can view all the short positions. Yeaterday/today showed short postions went down from over 12% to 10% yesterday. Might not seem a lot but thats a lot of shares being bought by shorters closing positions.
Most of it way above my head too, but in a nut shell shorters have borrowed shares, expecting price to drop, but when price has shot up and probably never to be back near 50p there is no telling what will happen next. They need to buy back the shares but now face a dilema that the price has more than doubled., others will be able to explain in better detail.
Market manipulation going on somewhere when you look at the volumes and share trades today imo.