Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Gambling , yes...but Mr A never gave consent for the Broker to sell his shares to the hedge fund.
That is what is wrong with the system... once you buy the shares thru your broker , the broker holds your share in a nominee account and then scalps you ... you lose your voting rights and pay them a fee annually for them to hold YOUR shares. So apart from the immorality of loaning YOUR stock to a 3rd party who intends to damage your investment value, the broker pockets the commission for himself and never reveals to you what hes done to your shares in the collective pool.
It stinks and it's all to do with greed at your expense. The only measure is for you to immediately after you purchase a stock , is to enter a limit sell order for a say 10% or whatever , . This puts your broker on caution .
What I do now is for those stocks I intend to hold long term, is to get the stock certificate.. it's a bit tedious but at least I sleep easier knowing the stock is in my name and if the broker goes bust, I havent lost my sponsors.
I seem to recall that Emma was taking up some directorships at another company - is she not being paid enough to do her job at GSK? I know its common practice to have one's snout in many pies / plcs simultaneously but maybe she is being off boarded as she is clearly not up to the mark vis a vis shareholders expectations.
What fund manager is selling ULVR to cause this 5.5% drop ?
None... it's all short sellers .
The easiest way to start to stop this theft by the hedge funds and fast trading software is to access your brokerage account and set a higher limit sell price. Set a price that you would be happy to sell at. As the price firms , return to your account and set a new higher limit price.
Nothing to lose and it costs nothing....
the cost free and effective way to make the likes of CS and the hedge funds is to simply:
access your brokerage account and enter a price that you would like to get for your holding .
Personally I have put in limit prices for all my holdings so that this sends a message to the Algos and the fast moving dealing systems . Try it - it costs nothing and stops all this madness of the hedge funds butchering the prices of perfectly good stocks
Hi, I posted this on GSK but the strategy is equally applicable to every company that is being hammered by these shorters who are fleecing our investments .... I've had enough of these looters and their one -way bets
the Reddit boards show one what can be done to beat the AI and the shorters -
here's my take on a relatively v. low risk free way to beat the shorters or clip their destruction of the real investors.
Each of us access our account and place an order to sell their stock for a substantially higher price that they would be happy with.
then monitor the share price as it rallies. then go back in and reset a higher sell price .
if we start to do this then the algos and the high speed trading machines will readjust the price.
there is absolutely NO Risk using this strategy and rebalances the odds away from the shorters who are taking us for mugs.
Here's how it works
worked example -
1. Glaxo currently trading at £13.50 say
2. Go to your brokerage account and put in a Sell order for say 15% -20% higher than the current price.
3. Then watch as the share price nudges upwards - this is a given as the Rapid Trading software takes into account all orders in the pipeline.
4. The Algo software will trigger a "reduce short position " alert
5. The stock price will start to rise as the institutions start to re-evaluate the stock they have lent and they will make noises to the shorters that they will be calling their stock back
6. the shorters will then need to start purchasing the stock this pushing the price up
7. we the privte investors etc need to go back into their brokerage accounts and reset the Sell order limit price at say another 10% higher.
8. We have nothing to lose and the joy of beating the shorters at their own game adds to the satisfaction.
the Reddit boards show one what can be done to beat the AI and the shorters -
here's my take on a risk free way to beat the shorters or clip their destruction of the real investors.
Each of us access our account and place an order to sell their stock for a substantially higher price that they would be happy with.
then monitor the share price as it rallies. then go back in and reset a higher sell price .
if we start to do this then the algos and the high speed trading machines will readjust the price.
there is absolutely NO Risk using this strategy and rebalances the odds away from the shorters who are taking us for mugs.
Here's how it works
worked example -
1. Glaxo currently trading at £13.50 say
2. Go to your brokerage account and put in a Sell order for say 15% -20% higher than the current price.
3. Then watch as the share price nudges upwards - this is a given as the Rapid Trading software takes into account all orders in the pipeline.
4. The Algo software will trigger a "reduce short position " alert
5. The stock price will start to rise as the institutions start to re-evaluate the stock they have lent and they will make noises to the shorters that they will be calling their stock back
6. the shorters will then need to start purchasing the stock this pushing the price up
7. we the privte investors etc need to go back into their brokerage accounts and reset the Sell order limit price at say another 10% higher.
8. We have nothing to lose and the joy of beating the shorters at their own game adds to the satisfaction.
just read this on Reuters By Liam Proud ...seems like the shorters are everywhere killing the goose or at least kicking the oxygen out of it...
LONDON, Jan 27 (Reuters Breakingviews) - Short-squeeze mania is spreading. The strategy, favoured of late by U.S. retail traders, boosted heavily shorted European stocks on Wednesday. The immediate victims are bearish hedge funds who didn’t see it coming. But the squeezers themselves also risk overreaching.
Shares in Klepierre, Unibail-Rodamco-Westfield , Ambu and Pearson were up 13% on average by mid-morning. They’re among the most heavily shorted stocks in Europe, according to a list compiled for trading clients of a major investment bank seen by Breakingviews.
It’s similar to a recent U.S. phenomenon, as exemplified by surging video-game retailer GameStop. Amateur traders, often coordinating through online message board Reddit, buy options in well-known shorts, forcing bank market makers to cover their position by purchasing the underlying shares. That pushes the price even higher, and eventually hedge funds who have sold the stock on loan have to buy to limit their losses. GameStop’s share price has roughly quadrupled in the past five days. It’s possible that some investors are now hopping on the same trend by snapping up shares in perennial shorts.
Bearish hedge funds will be smarting even more than they already were. Research outfit S3 Partners reckons U.S. short positions made $245 billion of mark-to-market losses in 2020, including financing costs. That implies a minus 26% return on the average aggregate short position throughout the year. Investors even seem to be going after individual hedgies like Melvin Capital Management, which was previously shorting GameStop. Its other positions like Evotec, Varta and CD Projekt have surged in recent days.
Yet the squeezers could eventually feel the pain themselves. Forcing up the price of shorted stocks works best when there is a high degree of coordination between the buyers and relatively thin liquidity. As the number of targets spreads, the former gets harder. Targeting larger firms like Finland’s $27 billion Nokia, another Reddit favourite, also makes it harder to corner the shares. Retail squeezers and their institutional imitators could buy up heavily shorted stocks but then lack the heft to force prices up. Most of these companies are shorts for a reason: they may have questionable growth prospects or governance. Squeezing too hard risks self-asphyxiation.
On Twitter https://twitter.com/liamwardproud
FOMO kicked in and I almost threw another dollop into the abyss (aka the LSE) but I thought I cant go thru with this BS any more . right enough the mood changed ( no RNS, nada news flow) and Vod sunk back . ... Im now too old for all these shenanigans and while volatility may be the best game to fleece the private traders, why are the pension funds and life savings providers not kicking up a stink about this rampant greed? who does it serve - certainly not the investors but just the momentum speculators. sham on the LSE and the institutions - interesting that the LSE themselves seems to be getting attacked by the speculators and shorting the price. Orwellian is the best way to describe what is going on - time to research the European markets and see what controls operate over there.
Tanx for highlighting the shenanigans of credit swizz. .... surely these researchers should be required to state on their recommendations their house positions held directly and in their nominee accounts. Believe me, the machinations these nominee accounts get up to buying and selling and ....all without a need to report them to any regulator . The only reason no one calls foul is because Nominee Accounts are rampant ...ask any junior GS or institution not just cr Swizz for verification.
Noticed that Sbry share price surpassed Tsco just now so did a comparison chart of the two . Over the past year SBRY has soared vs TSCO. longer term TSCO has outstripped but the huge underperformance in Tsco warrants consideration surely?
It cannot just be market sentiment after all tesco has boomed allegedly during the pandemic ... so not sure why the disconnect.. any ideas please
CAn someone pls tell me where I can see the historical prices for BIRG. Cannot find my old contract notes but Im a holder from decades back when they were 17 quid ( no fool like an old fool, I know) . So when I hear talk of this stock soaring to 4 and 5 euros, it just reminds me how speculate this whole game is--- and that's before you factor in the smart money with their algos and split second 'trading' software.
LTI is right... it is a return of capital . so here is the solution for both Income and Capital holders :...
TSCO can issue B shares at a value of say 50p and the rump of the existing share , call them A shares for the valuation at the split (say 190p).
this is a tax neutral event so nothing happens except that now you hold two shares
choice 1: Now the shareholder with a preference for Capital can elect to hold both the A and the B shares for the long term. in effect it means that things tick along as usual.
choice 2: the shareholder who wants to cash in the B shares will make a disposal as and when he needs the income. Until (s)he sells that B share, there is NO disposal and no income tax payable on the dividend until the shareholder actually sells the B shares into the market.
it couldn't be easier - but no doubt TSCO BoD will be itching to pay legal heads hundreds of thousands for this bit of Room 101 taxation information. what strikes me is this company loves to fritter their shareholders money away - right back to Leahy's shenanigans and drastic Dave single handedly halving the share price. Did any of them serve a day in prison for an alleged crime or did any of them pay a penny in a fine from their own pockets ?
Hi,
There used to be an annual stock tipping competition for the year ahead. All the top fund managers gave their nap selection. Often the winner was a chimpanzee. Armed with just a pin and the last two pages of the FT , the chimp managed to be in the top three.
That was of course in the days pre-arbirage traders and split second program trading aka robbing the long term market investors .
I'm bamboozled by all this nonsense of a special dividend.
From what I can make out it's simply a return of capital BUT instead of being able to use to calculate it as a capital loss , the shareholders will instead be liable to pay income tax on the distribution.
So where's the sense on that?
Anyone?
Definitely a sell signal. British coys fare badly in the US .... it's almost a cert that they overpay and soon find out that their legal team were nowhere half as sharp as the American legal boss.
Eventually after a few years of incompetence, the UK parent decides, enough enough and then bows out.
So definitely time to abandon
Tanx Dadean for that response.
Wishing you and all farmers and UK entrepreneurs the very best of luck in 2021.
BTW, I'm actually happy to pay more for UK produce but somehow it's the intermediates that seem to benefit and dont pass on the fair share to the original producers. Is there a way that consumers can be assured that Tesco and other supermarkets respond to give farmers a fairer proportion of the final price charged?
For me I winch when I see the ridiculous price of milk and fresh vegetables... we all know that these are loss leaders for the supermarkets but I'm sure they really pass their losses back to the farmers.
DfF.... it might be that the Banks's directors are reluctant to put their personal money in as they know that banks are built on smoke and hope. Not my words but something I heard one of the Goldman Sachs senior executives say on a Bloomberg interview .
Similar idea when youlisten to analysts from the top investment coys rant how great ABC plc and how fast it's going to grow in the next quarter. Then you see the disclaimers that the anal-yst has no investment in that coy directly orindirectly. To quote that horrible american expression.. go figure, do the math. Urgg
Can someone with a farming background pls let me know if the following is still true...it used to be that all British beef was initially reared in Ireland and then the animals were exported live into British farms. The animals were then fed for 6 weeks to three months and then legitimely sold on as prime British beef.
Both Ireland and the UK benefitted with this arrangement so if it's still the practice, what will happen post January 1?
Tanx for any clarification