Member Info for contrarian123

Upuranus if you knew anything about trading you'd know that a trait of a successful trader is to be able to change his views on a dime depending on price action. I take pride about not having most of the times bias.

I killed it today on ES futures trading both the short side to 5675 and just closed my longs at 5788. I made more today than you'd probably make in a month numpty

What is your average Huckster? Simple question. Have you invested in anything other than ITV. And what does your hindsight after seeing this price action on ITV tell you?

Let's see your TA. I put my thoughts publicly what do you do apart from critique? Come on tell me what you think happens now and probabilities.

If you don't you are just another one shot wonder that comes in this forum when price goes up just to give your hindsight view. Tell us then.

By loosing 23% of ITVX subscribers in the process. From 1.3M (which is pathetic to begin with) to 1M. Ha ha.

Well well well. I see Pogo has reared his amoeba sized head again.

Some sort of a diatribe about shorts being squeezed and other nonsense.

He fails to understand about strategies and hedging.

I am sort from 74p which is what I was hoping for yesterday and I announced it well before anyone did. Why? because I can read a chart.

I also have shares from 63p which are more than my short exposure. The short is a hedge.

The only reason I am still in ITV is because I hope at some point McWoke will be forced out or a bid will materialise. But I am not stupid (to gargantuan proportions) like Pogo is. I do not put all my money in one horse. I have 35 stocks and ETFs which I track predominantly in US and German markets.

ITV is climbing but I do not see institutional buying. Look at yesterday's volume. It was not the usual double the 20-day avg we see when market really believes things have changed.

I have a point where I will close the short from 74p and I will also sell some of my 63p shares so I end up flat if I have to. But I am cognisant of the fact that the buyback money has run out and the usual euphoria will fizzle out as we progress through March a seasonally bad period for stocks. McWoke no longer has any use for engineered headlines re bid as they served their purpose which is for her to cling on to power past the results we have had.

To conclude a message to one shot wonders trying to claim a victory over someone who is far more intelligent than their own pathetic selves and their dump investment choices and strategies. I win either way darlings. Maybe a bit less than I could but win nonetheless.

Instead of looking to score points try to learn something.

Side he's a foreigner he doesn't understand sarcasm nor irony - Brits do it well

And it's over. Back to normal service and the inevitable decline just before ex dividend date when most retail mugs will be staking 10pence to get 3 pence back. Adios for now

Finally some analyst from Barclays asking a slightly difficult question re bid. She's basically saying she refuses to comment on speculation (after all it was most likely initiated by her to shore up the price). She did leave a door open thankfully by saying the integrated model is not sacrosanct

Flat first four months is encouraging. A US based CFO saying that would have been sacked after it. The incompetence and mediocrity of UK managed businesses is astonishing

"We are strongly committed to delivering shareholder value" McWoke says

As evidenced from the useless buyback and the 3 year static dividend. Words no actions from this woman

Keeps harping on about ITVX yet she does not address the elephant in the room subs went from 1.3M to 1M.

23% drop.

CFO mentioned the buyback. Forgot to mention that it has had absolutely no effect on share price. It just stemmed the downward spiral. No mention of a renewed buyback. There just isn't any cash and nor do they see it increasing (my view)

TAR performance this year will not be better as last year we had the Euros plus some nanny UK state health initiative which will limit junk food ads. SO NO JAM on TAR. Glad I am still short and adding

ITVX profits to show at 2nd half of the year. I remember similar words last year. Just keep promising jam tomorrow

Brown jacket brown shirt like the results she's reporting

US markets are still tanking even Gold - They are all buying ITV

I am in the webcast - I doubt they will be answering any questions - I am a masochist for wanting to see McWoke's face but I want to see the underperforming geriatric and her equally useless cronies to see if they mention anything about buyback. If no buyback they have run out of ammo

Pogo likes to hear the sound of his own voice lol

As expected, Partnerships and other revenues declined by 7% to £191 million (2023: £205 million),

Our subscription revenue in 2024, decreasing by 19% to £48 million (2023: £59 million).

ITVX is proving to be a dog

ITVX

They have a whole section about how great it is and right at the end they give you the real story. Subscriptions on ITVX

They have lost 23% of subscribers

UK streaming subscriptions declined to 1.0 million from 1.3 million at 31 December 2023.