Member Info for cjmorley

Hi Bamps

I was using Hydro's figures.
What have I got wrong?

In truth you could multiply the amount required to clear any shorts by 10 and still reach the same conclusion.

PS. Your recent technical analysis have been superb. Thank you

Chris M

@Hydrogen

Let us assume that JPM have 41,000,000 shorts. That would represent approx 0 .1%

At today’s price let’s say 15p

Total buy cost 41M x .15 = £6,150,000

We know that they in fact have a maximum of < 0.5% --- Less than 20,000,000 shorts

£6M to JPM would not even constitute a rounding error.

Now give it a rest. Shorts are not driving the SP in any meaningful way.

I note from the UFO board, that in addition to the Moscowbite maiden in the Polit bureau you now have the ear of a fund manager.

Walter Mitty strikes again.

I believe you are refering to Rio?
https://www.ft.com/content/f84ee262-7662-4ba3-b804-5a7484084381

It was a partial buyout, the remaining 49%

A full takeover of UFO would be very different.

The earlier one is EU flag

The later is ECHO.... Only one actual trade Nothing sinister here.

Not quite Steve

Bill can recommend an offer from a takeover company. He would have to seek shareholder approval by a vote.
He can reject the offer.
If the company then wished to persue it's takeover it could make a 'hostile bid'. A direct approach to shareholders would be made. We could then sell or hold.

@Hydro

If I only had a pound for each time you have daclared this.

A couple of bottles of Buckfast should do it.

TT

Most investors have a trading account with large sums often more than their ISA.
They don't need to be told such obvious moves as 'bed & ISA.

Your advice to do it on April 6 is very poor. You have all year to pick a good moment.

PS.. Don't be such a patronising moron.

@TT
" maybe over their 20021/22 ISA limit,"

Please explain what you mean.

If, as many of us have more than one broker. It is an ofence to put more than £20k in total within a tax year. You may spread the allowance of course. But within the maximum.
So how was it possible to be over the limit?

Read Mremc at 8-20 today.
Take off those blinkers.

And of course this board is hardly representitive of the wider market.

Just to clarify... 80% of my portfolio is GGP. I am extreemly positive. But let's be pragmatic and realists.

Doggy

How on earth can you be "hearing is private investors"

By definition, they are individuals and private.

Newcrest are down 4% today.

They dropped at the open first thing this morning.

It would seem that NCM shareholders are not 'best pleased' with SB.

@Hydrogen

Please don't.. Your predictions always turn to merde.

Bamps You have my sincere commiserations.

No doubt an RNS tomorrow after Newcrest 6 weekly update tonight

" We are currently in talks with her company! (G Rinehart)"

Max.. It is of course quite possible. But have we actually been told this is the case?

It should also be noted that the disclosure threshold has been reduced to 0.1% from 0.5%

It would require one almighty conspiracy to coordinate shorting/controlling the SP
>4,000,000 would need to be reported.

It's Hydro's fettish?

Yes.., It must be an error...But it would be lovely :-)

Not even a'half truth' there Doggy

Myavian

You may look foolish in 35 minutes.