Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
This one is going to be a wild ride. Just bought my last lot. 900 shares. Let's see how bad it gets before it gets better. 729! I'm gunna need a drink if that happens. Hahaha. Tell John Crony to blow it out his bum piece wuddya. He's probably got an old friend shorting the balls off it.
I'm calling Godwin's law on seer. Which is an automatic DQ from any further discussion. You're off the roll call now for that reductio as hitlerum.
I've jumped in. Last buy was 1152 and sold after a good rise. Didn't think I'd ever be back for another bite of the apple given the relentless rise to £15. Easy money down here. Anyone going to guess placing price?
This autist is a well known multiple account poster on various forums. The bit that cracks me up is the repeated use of the word oracle in the username which makes them mega easy to spot. Pops up, talks absolute boswellox then gets banned or disappears. I also sold yesterday at 287. See how easy that was? Oh man. I'm a legend. I also won the lottery jackpot three weeks in a row. 4/10 for trolling this time oracle. Clean the pot noodle stains off your y-fronts and give it another try you beer-gutted Joey.
Shorts increasing still. Total 6.67%. Probably add a few % to that for those under 0.5%. Blows my mind they're still adding. Must see more drops coming!
A few of them have been in since before the big drop from 40£ levels so will still make plenty of coin if they can buy back, even at these levels.
By adding more they must either see potential for further drops, or they're trying to keep the sp low by selling in to any recovery. Who knows. The games will continue until trading update. Where it's either going to be a total bloodbath, or a mildly pleasant surprise.
Looks like I'm going to be locked in for a decent length of time now until my target of 3500. Fun times indeed.
The 1.78% is the total % of their short. So they borrowed and then sold those shares to buy back later. Its shown as a % of the total shares in issue.
The 0.14% is how much they increased their short that day. If it is red then they reduced.
They would not publish whether they are making money. Kind of bad business practice. If you had enough time you could fairly easily plot what the prices were on the days they declared their positions but it would be alot of guess working and totally bogus.
When will the vampire squids start making for the exit in earnest though? A few damp attempts at trying to push down to the 26XX level have failed. With this news will they wake up and realise they're geshaften and they'll just have to bite down on the leather bit and take one. Can't wait to see the squeeze...
LONDON (Reuters) - British retail sales rebounded strongly in January as steep clothing discounts attracted wary shoppers, bucking a slowdown in consumer spending ahead of Brexit.
Retail sales volumes jumped by a monthly 1.0 percent after their biggest fall in December in a year-and-a-half, the Office for National Statistics (ONS) said, far above the median forecast in a Reuters poll of economists for a 0.2 percent rise.
Compared with a year ago, retail sales were 4.2 percent higher in January, the biggest annual rise since December 2016 and again outstripping almost all forecasts in the poll.
Oh how my heart bleeds for them.
Feb 14 - Welcome to the home for real-time coverage of European equity markets brought to
you by Reuters stocks reporters and anchored today by Josephine Mason. Reach her on Messenger to
share your thoughts on market moves: josephine.mason.thomsonreuters.com@reuters.net
"MAKING MONEY BY GOING SHORT IS NOT AS EASY AS IT SEEMS" (1251 GMT)
Russ Mould, AJ Bell Investment Director, looked into the consequences of the rally which
took over markets since Christmas and one conclusion is that it was no holiday season for
short-sellers.
"Making money by going short is not as easy as it seems," he writes describing his findings.
"Since the UK stock market hit its latest low on 27 December, just six of the 30
most-shorted shares have fallen in value." Ouch....
Sure, the picture is different for the last 12 months where the top 30 shorted stocks lost
21.8 percent but still, the recent rally must have hurt among the shortselling crowd.
You can see AJ Bell's chart below, but let's remind readers that not only is short-selling
tricky but there is also - in theory - no limits to the losses investors can sustain.
Whereas the only risk you take going on a good old plain-vanilla buy-and-old strategy is
losing all your savings. In theory.
(Julien Ponthus)
It can be found collated on a website called short tracker .co .uk. Run by castellain capital. There is a link there at the top of their site that goes to the FCA website where you can download the excel spreadsheet. New one gets published around 3pm mon-friday. Happy to help.
Marshall wace & Aqr increased their shorts by 0.09% & 0.1% respectively on Feb 11th.
On that day:
Open 3040
High 3079
Low 2908
Close 3014
1,593,573 shares total.
Trying to knock the price down to close out the rest of their holdings? Aqrs 2.84% position amounts to 2,381,973 shares that they need to buy back at some point. Total short positions declared now at 5.65%, 4,730,396 shares.
Personally I wouldn't worry, it's not a massive position but they are increasing their positions in order to try and get an exit point. I start worrying about shorts at about 10%. Will be interesting to see who increased yesterday when the FCA publish later on / tomorrow. The 5.65% does not count holdings of below 0.5%. I expect a fair few are also lurking in the shadows just under this threshold.
As always, do your research. Can't wait to see who blinks first and what happens today. Everyday is a school day. Enjoy, and good luck.
400 shares total now. Average isn't too grim but I don't think I'll be seeing a profit for at least 6 months the way this keeps going, it might even drop it's guts and go to 26XX, would not surprise me. Going to leave it now and stop adding. Shame as had a good result and had an AVG of £26 at one point. I'm an idiot. My own personal rating on this share is avoid and go buy a motorcycle instead to have fun on over summer. :-D
SP getting punished now for pushing back the trading update imo. Profit takers made for the doors instead of waiting another month in the current shizenstorm of political nonsense, crap growth figures, sino wind down. The sky is falling etc. Perfect for shorts to buy in to and close out as people just get bored / dear risk and sell up.
Nice to see I'm number one ramper on pumpedanddumped too. *Waves* hi mum.
In share purgatory, the automatic trading is just chuntering away to itself, 3000-3100 no real action. So it shall stay until results day or some other news. ZzzzzZzZzzz.
You two boys are the only entertainment.
"if you would like to carry on being rude towards me then I just hope one we day we can meet in person where I will give you a Chinese burn and a little slap as I'm an internet hardman"
Watch out, we got a badass here! Anyone remember Ronnie Pickering?
Very shrewd call there, looks like the prediction is coming true. 1154 / 1151 my end. Looking good going in to finish, if it ends here and can hold Monday then all is well.
Final results RNS 27th Feb, lots of time until then.