Member Info for contrarian123

Janus since about the middle of December up until now I have had 9 opportunities to short ITV. Open a chart and take a look at a 4hr chart. I. have made it clear I have a long position from 63p. You think 1 out of 9 shorts that is underwater when 8 of them have been raking it in, plus the fact that I have a long position significantly bigger than any shorts (about 300bps of long position size) is going to bite me in the backside?

Before you disappear up your own @rse once the share starts dwindling how much money have you made with your capital in ITV while you watch in perpetuity reading Pogos assessments and crossing your fingers imbecile?

I trade this dog actively in the way a sophisticated investor would.

So please forgive me for being ruthless but you dreamer lot need a wake up call.

The LSE forums are full of dreamers

Amateurs trawling around forums to see whether they discover some insights no-one else knows about in order to outsmart the market. You make me laugh. LSE forums are full of them. You have to learn on your own and be ruthless with your execution. Anyone that has time to throw insights here doesn't know what they are talking about most of the time.

The minute you realise that we live in an era of technicals and manipulation it is the minute you realise that fundamentals and company insights do not give you an edge. I realised this about 5 years ago. Especially in the UK market. Just take a look at VOD. Very good results yesterday and it still fell by 6-7%. Mugs are tearing their hair out. Old school fundamentals and fair value are worthless

By all means vacate this space. I am sorry it is not the echo chamber like it was in the days Nigeco and others were here feeding you with crap about 160p valuations and you were buying every micro dip in the hope you'd be rich. Mugs

Now you will all vilify me for conveying such simple truths but I couldnt care less. This is not a playground or a place to make friends. It is a market where the wise take legally the money off the dim.

Pogo you say you have me on filter but yet I see you are referring to me. I am very clear and transparent. ITV while McCALL is in charge is a dog because of her strategy. I am shorting and taking advantage of the liquidity you and other mugs provide by believing every single article. I also have a position long from 63p as I have said countless times.

I am the most transparent here. Anyone being a serious investor would not invest for the long term horizon in the UK. I am investing in the US predominantly as I have for the last couple of years and have managed to exit most of my UK investments apart from this absolute dog here. But I will make money out of the inactivity and foolishness of other punters.

This is what the stock market is. People taking money off other people. You and others are mostly here waiting for ITV to hit your average and just wait until it happens so you can exit with some false sense of winning. I am here to take advantage.

Couldn't be simpler really.

"I have enjoyed dividends" this quote along the Buffet quotes about buying when there is blood on the streets are the cliches the mugs lose money consistently

When at some point ITV pops to 80p (in the next 5 years lol) you will be as insufferable as me now shorting.

As we speak more money I am making shorting this dog. I give thanks to Pogo and his liquidity lol

Meanwhile I am reducing by a few more shorts. Thank you for your rose tinted views its manna from heaven. I am raking it in while a wait for your bid

War and Peace by the perennial rose tinted glasses hopeful. Comedy. I HAVE seen the pattern before in so many forum boards. Heavily invested mugs in one share write endless theories about machinations that will result in a favourable outcome. Theories after theories until the most simple of things slap them in face.

It is the collection of mugs that helps

Thank you for you liquidity

Renewed rumours about a bid and the share price cannot even surpass the Volume weighted average price since the commencement of the buyback at 74.6p approx. It is PATHETIC.

The market votes with its money. No one believes this story

Story about a bid/merger is yet another engineered story from the media buddies of McCall to support the price. They have been hoovering up shares in the millions every day and the money at that rate would run out well before the results on 06 March.

Yesterday's buyback was below 100K shares which anecdotally supports my view.

Engineer a story, price spikes gives a bit of a rest on the buybacks and drags the timeline for the money to run out closer to 6 March.

A theory anyway

My short is already in profit loser. But I dont fret over it. It is an insurance hedge. My stock from 63p is way more in profit.

Perma longs here who are underwater mostly are like broken clocks. What's your average?

people here feeling sorry for the people with short positions make me laugh. it is their chance after years or months (depending on how long they are invested long) of waiting thinking that they have outsmarted the market and caught a bottom to vent some of their frustration for waiting for a profit that never comes. imbeciles of investing generally speaking people that short a stock do so for protection of a long position. sophisticated investors like myself always take the opportunity to buy something at rock bottom and at local tops buy a little insurance (short) to protect them from a downside.

their imbecilic minds cannot fathom (the maths may be too complicated for them) that you can be both long and short at appropriate price points and portfolio percentages and still make a **** ton of money.

so darlings do not feel sorry for shorters they have milked the liquidity you have provided for months now when you were trying to catch a bottom and kept on buying, only to find out weeks later through hard banging on the table that you were not so clever after all. you were just sitting watching your capital do nothing not even earning the inflation rate. like broken clocks once in a while you will enjoy a spike but i know for a fact most of you will earn nothing out of it. because your averages are either higher or you will be waiting for the bid to materialise for the big money.

personally for the last few weeks i have made my investment long at 63p work by shorting at tops. an insurance hedge. yesterday at the close i shorted again. i am willing to sacrifice a small percentage of my paper profits so far, as insurance, in order to cover the downside. it is called risk management. something you wouldn't know even if it were to smack you in the head.

Ask Nige - I am sure he will surface anytime soon . 160p ha ha

W@nkStanley must be spent :)

I am sure Pogo will come up with a theory that the NVIDIA money will rotate to deep value like ITV. :) lol