Member Info for bobocaca

Felt sorry for him and his wife, he had just reclaimed freedom in the court, it's so unfair. He's so.. cursed.

I thought at least the shortseller would have bought back to push to price to 595p. Actually, that won't help them, it is only 5%. Speaking of shortseller, this is saddening. They recently opened a short position in spite of announcement of TB, good news of ML, and tech bull market, They are so pathetic, do they not know other way of making money? They are the reason I'm never investing in LSE again.

Personally, I did think about buying as safe investment to beat bank interest rate. However, it does not make sense to sell Nasdaq shares to buy Darktrace as the cost of selling, exchange rate, and buying would be about 3-4% already, let alone the opportunity cost of waiting for over 4 months to get the money back. I will not surprise me if the SP dip in next couple of months, as surely some will lose their patience.

I put 100% of my stock investment in Darktrace. When the SP fell to 250p, my lost was a staggering 50% which was over 10 years worth of saving. That almost drove me into depression. Then I made a series of newbie mistakes of selling at the bottom and buying when it rises again (only for it to plunge later) which made my money recovery dream fader. The latest mistake was to sell in 1-2 weeks before the result announcement, which we know caused SP to shot up. I almost made stupid decision to buy again when it reached 500p but I hold my nerve waited for 2 weeks, and it paid off, the SP dropped to 430p then I put most of the money back. Luckily, that turned out to be the first good decision I made on this stock.

Then TB happened. It would made sense to sell the company last year but I think it is stupid to sell it now when inflation was falling and most importantly ML case was coming to an end. Should I sell or should I hold? It did not take me long to decide. Even an new offer is made, I didn't expect it to be much higher than what is on the table. It can take many months before the deal is done and shareholders get the money, the opportunity cost is high in a bull market. The best long term outcome is for the deal to be rejected but there's a risk of SP collapse. So, I sold them at 617p and gradually put them into Nasdaq. In less than 1.5 month, it has risen 16% and today finally I broke even, recouped all the money lost in Darktrace.

Although did not make a fortune that I should have made but I'm glad I got my money back. And that concludes my story with Darktrace.

Stevie, hm, sorry to misled but I said wary which has different meaning to worry.

I am quite wary of them releasing string of RNS days before result.

You guys seriously think Nvidia can lift Darktrace SP? Plot them on same chart and it is obvious there is no correlation whatsoever.

Nasdaq tech stocks bounced back from bottom to reach new heights while LSE continues it stagnancy or downfall. Darktrace is still going strong as a company but I have completely lost faith in LSE. I finally bite the bullet and sold out over the last few days, at huge loss. However, it brings me peace of mind, without having to go through mental suffering like I would have this morning. Now I can move on to live my life.

It really has become a waste of time reading comments here. In the early days, people were sharing useful information about the company. Nowadays, it just become a place for traders to drum up the company when they have acquired shares, and trash down the company after they sold them. Nah, just don't listen to anybody here. You can play along with the traders, otherwise, you either sold out and move on; or just to hold until this company get bought over.

The result itself is not too exciting but the significance of it is that the business is moving in an up trend, signalling it should only get better from now. This is in stark contrast to Oxford Nanopore which announced profit warning and have today reached all time low. Eventually, the business value will be reflected on the share price. I'm looking forward to a good half year to come.

I emailed Luk the PR, he replied that trading update is still happening, in 2-3 weeks after the quarter ends.

Guilty or not, the ML case must conclude to remove this big uncertainty factor for potential buyers. I think that is at least 9 months away. I really should just stop looking at the share price.

Charles, you really think HP is going to buy up another Mike Lynch's company, now when they are seeing him?

What a fabulous start of a new year, seeing the 10% of value vaporised in 2.5 days.

It is amazing that Darktrace and all those big shareholders just sit there and watch their fortune driven down in 100s of millions on minuscule volume, rather than spending a few millions to buy (back) the shares to prop up the share price.

The sp dropped 4% on no news and low volume. This stock and LSE are doomed.

Yup, he sold. It must be a mistake in the form, he definitely still had shares and marketscrener show he was holding 4.356%, so I reckon he sold about 3M shares that day.

On the day of CTO share sell, market closed at 372.10 and today closed at 351.50. So if we neglect the two days in between, the shares fell 5.5% which is not too steep compared to director share sales in the past. Well, if that makes you feel better for Christmas.

I recall they sold shares before last Christmas too.

I can understand the CEO sold 100k shares to buy some Christmas gifts but does the CTO really need to have a £1.8m extravagant party?

Close to 13M shares at about £46M.

See?