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"How do you know he didn't know....? Just saying."
KOH, it's my belief were heading along a pre scripted and pre determined route, and pockets needed lining in advance of any tunnels.
I know companies hedge but it stinks that JPM profited though its subsidiary Highbridge when SXX failed to meet the lending criteria set out by JPM.
The shorting arm of JPM has had its fill, maybe this 'had' to happen before a reversal / deal of some sort.
I'm still holding in hope of an upside, but emphasis is on the word hope.
Fraser .biggest balls up , was the lack of knowledge of jpm . Having a assosiaction with a company shorting Sirius"
Pretty much. The JPM / Highbridge association stinks. You couldn't make it up.
And low interest rates (ie. Practically Zero return on savings) are here to stay. Unless its decided it's time for another final dial crash. All started by deregulation of mortgage lending criteria. Yes sir of cause you can buy a house for 6 times your salary - why not borrow 115% of the value of your home so that you can buy some nice soft furnishings, and perhaps a holiday to Mauritius as buying a house can be stressful. Which government allowed the deregulation?... 10 years laters house prices stagnated after those that allowed the regulation ripped the a**se out of it. That's my we get not interest on savings. Can't, everyone's nicely borrowed up to the max. Increasing interest rates would bring the house of cards crashing back down. So what's the alternative to interest on cash, property and the stockmarket. Rah rah rah, another eggnog
https://www.chemistryworld.com/features/potash-on-a-megascale/9558.article#/
Sherry Mistmas everyone, to all you genuine long term holders, medium term and short term holders, non genuine medium term holds, rampers, derampers, pump and dumpers, longers, shorters, trolls and not forgetting the fairy god mother.
It's been emotional. Ho ho ho
Hopefully you'll get one 7am tommorrow
More like a hairy godmother
It would be great AlanG. But not getting my Hope's up, will still be up at 7am checking though!!!
Quite a few disgruntled share holders reply on twitter to the Christmas message from SXX, I including:-
What about thanking your long term shareholders who have had a disastrous year with the SP - Happy Christmas All ????"
I agree Yuri. The company surely wouldn't be 'dropping hints' in advance of an RNS. It would be totally unprofessional. It was just a Twitter post. Happy to be proven wrong at 7am tomorrow
Ballers = bellers. Blooming predictive text :-)
"It’s like waiting to be shot."
Pretty much sums it up ballers. I'm reading nothing in to rumours. Been here too many times before.
My take from this Twitter message is that stage 2, 3, 5, 6, and seven is a done deal, with no dilution or equity raise. Plus Everyone's getting rehired.
Just need to secure stage 4 on favourable terms and its odds on to be a pound by Christmas.
I bought because I had quite a large amount of money available and I wanted to take a speculative risk. I have another investment portfolio managed by a professional financial advisers - it's doing far better than my own investment attempt! And I have a portfolio of properties, and I also work full time. So for me my SXX investment was a once in a lifetime punt.
I genuinely believe that I could have tripled or even quadrupled my money, the was at 37p entry.
Oh how wrong I was!!! Its been an unmitigated disaster. But even then, i knew the risks. I'm back in at 3.5p with a 35k punt . I know the risks, I'll probably lose out. But can't bare not to see this through. I'm still hopefully, but not particularly optimistic, but not pessimistic enough to not be in this share at 3.5p. It could go to zero. Or it could quandrouple. Fiat Uno's what'll appen? The end
it's pennies to me buddy
"I always find it amusing that SXX fan boys throw out personal insults like confetti, but never respond with a single reasoned thought that justifies any investment here.
It speaks volumes."
Beat it pump face!!! :-)
Boris has hinted at giving Teesside free port status after brexit (B-Leaving)
https://www.gazettelive.co.uk/news/teesside-news/teesside-ahead-game-become-free-16690957
SSX ships would dock in the free port
Jezzs is toast. Wee jimmy crankie ain't getting indiref2 if Tories get large conservative majority.
Brexit will finally get sort out
What likelihood LSE stock prices up 5% in the morning. Come on boris, help SSX out and surprise us all
"I'm off for a pint, or three, or more."
..i'm surprised you're not on the shorts