Member Info for bobocaca

Sher?

Nothing too excited about, you won't know if it will come crashing down the next day, which have happened many times in the past. I'm contend that it stays above 350p, until so big good news break.

Https://www.dailymail.co.uk/news/article-12771763/cyber-attack-british-library-ransom-sell-stolen-data-online-auction-criminals-millions.html

UK stock market is not functioning well by itself, basically all tech related stocks are manipulated by traders to drive down the price. From my perspective, the share buyback is effective in supporting the share price. The SP rose steadily from about 250p when they were buying the shares constantly everyday. After they stopped, the SP can be driven down 20% easily. The management will get their shares even without the buyback.

Having a presence there is good and Poppy and her sales team must be (they have to) working hard at the AI Safety Summit to try to win business or partnership with the attendees.

This is because UK inflation rate is lower than expected, rising hope of interest rate not rising tomorrow.

Https://www.bbc.co.uk/news/uk-england-manchester-66810756

ai-investor, obviously the market is not listening to your bull****. period.

There was no sign when TB approached. There is no sign now, and there never will be. Nobody will know if or when it happens, the SP will always act before you could.

Is bigger than I thought. Darktrace should restart share buyback.

2023-07-28T12:25:52+01:00 2.1M

2023-07-28T12:28:49+01:00 1M

2023-07-28T16:21:27+01:00 2.1M

2023-07-28T16:45:30+01:00 2.1M

The largest volumes were all at 370.44p and the first one happened around noon but t he SP was never that low at the time. I guessed someone dumped shares before afternoon, all the other transactions are only late reporting, that's why you see the dips on the chart. Fortunately, SP never gotten that low in normal trading and finished at 375p. It not ideal that the SP is down 4% but event like this in the past could easily caused the SP to dive 15%. Hopefully things have really turned around and we won't see no-news-15% -drop anymore. Finger cross the SP will rise on Monday.

ShortWhacker, I meant Darktrace have learned. They used to include the placement sell price in RNS and the stock price would open below that. Today's opening price was only 2% down. It is down 3.3% now as I speak but it still fair better than I feared.

They have learnt, they didn't disclose the final sale price this time. Wonder who the buyers are, existing/new big shareholders or shortsellers.

The board authorised share buyback UP TO given value or shares or timeframe, whichever come first. But they do NOT need to use them all. The initiative was meant to counter shortselling and it is wise to stop now and converse the cash for day-to-day operation.

NewKOTB, if I remember correctly, TB was barred from making new bid after 6 months, not 12 months. So they are free to make an offer now.

Furthermore, the EY report has been submitted to UK authority for inspection. There's nothing to hide but you wouldn't want a detailed analysis of your bank accounts to be exposed to the world, would you?

JPMorgan Asset reduces from 0.50% to 0.44%

Wellington Management International reduces from 0.52% to 0.46%

Wellington Management Company reduces from 0.52% to 0.20%

but Parvus Asset increases from 0.50% to 0.61% and is the only one with over 0.5% short position. Therefore, officially, there is only currently 0.61% short on Darktrace.

There is no live short data. Companies report short position on daily basis.

I do hope today finishes off the existing shorters for good and deter other opportunists.

Lithium - "I’m not investing new money until the short interest is below 1%"

Not wrong to invest if short is under 1% but will be a big mistake to wait for short to fall from 2% to 1%. Biggest gain arises from short squeeze.