Member Info for bobocaca

For me, that is a done deal, ML is a fraud but Darktrace is clean.

That is what could happen in the next few months, a takeover. Now that the account is cleared, so there is high chance for suiters to approach (return).

Of course Darktrace was confident that their account was clear, otherwise they wouldn't have appointed EY. I can never understand why the shorters would want to make such risky bet. They mustn't be allowed to run amok if we want a healthy stock market, hope that teaches them a lesson.

Charles, the trading update has been released in conjunction with EY outcome.

Trading update is neutral but clearance by EY is great positive news.

Wellington Management reported reduced short position from 0.65% to 0.39% on last Friday.I reckon under 2M shares. Logically, they and sister company Wellington Management Company LLP will be reducing the shorts further.

3M UT, quite a large one in recent time. Let's see if there is RNS later.

Price doesn't shoot up 10% for no reason. Definitely expect a RNS today.

Volume isn't high, perhaps will see some large delayed transaction later.

I think shorters' shorted at around 250-280, at this price point, they are all doomed unless the audit report is terribly bad.

The SP just stubbornly refuse to break 300p.

My prediction, this Friday, or by next week. Of course, nobody know.

I can now see the 100k trade at 13:10 on lse website. It was a buy. Surprise that volume couldn't prop up the share price, not even momentarily. Super weird.

NewKOTB, I was also thinking maybe the shorters wanted to bring the price down to buy them back. There are about 1.5 shares traded, which make up only 0.2% of total shares, far less than even their short positions. It is so god damn easy to manipulate the share price. This stock is a lucrative business.

No point issuing RNS to explain nothing. Just release the EY report already. Be it good or bad, get it over with.

I'm afraid that looks more like a sell.

258p, or -11.6% now.

It never cease to amaze me how such small volume could cause such huge share price drop.

What the hell?

I have decided to stop clicking into Motley Fool articles awhile back.

I think all bad news - inflation/interest rate/US bank crisis etc are out; good results from US tech companies, and there is still 2.4% short position to be closed. We may have entered a bull market.