Member Info for deepbluediver

D2B
Its hard to get into the logic / head of another trader - he was going proper long i assume (i do intraday, different mindset). Wyn has been writing about this for a year or so. I didnt appreciate it until i went into cfd and sb.
Maybe, he was expecting a turnaround on the sp as it drifts down, "hope" is not your best friend when trading. he could have adjusted it lower and lower hoping for a turn in sp, and when the drop arrived at "cost", he let it go. Maybe. Only he knows. I have a 5% max stop loss against my margin then its a new game all over. He might think different for his long game.

Morning
D2B, cashed out mostly in Dec 21 / Q1 23.

SB is a derivative, so shares are borrowed. I suspect the effect is the same as a TR1 dumping 3.5% of total shares (55% of his position got liquidated).
8MM of his position got triggered likely around 40p on 29th June around 1130am, sounds like a Stop was triggered. As this is AIM, that is a large amount with challenges to close if triggered automatically. MM could only run the market, and sp drops to address the market demand to close those positions. His Stop i suspect, did not trigger at the intended value for all his positions at that volume, but lower (therefore trigger some losses or breakeven below 40p mark). Brokers have already made profit when he opened his positions, seems like the 3-4p spread.
I am still surprised someone is able to run a SB on AIM

Thanks D2B.
Looks like its limited to IG maybe. Surprised but good to know (maybe open an acc with Inter trader).

I will look into the links tonight, ta.
I exited KIST between 4.05 to 4.25, 90% dump, left 10% as runners.

Market is down down down for sometime, i am assuming only unique big news will be the anomaly (HE1 success is a good example, so i am back in).

I dont think you can run spreadbet on AIM co, too small and not enough liquidity, not through IG anyway.

D2B
A little experience, been spreadbetting for over 6 months now, after getting hit with too much fees doing CFD. I do intraday except 1 or 2 positions interday.
Generally you need to have 20-30% margin for your position. #AAPL is a good example, today, to execute a £10/pts position (long or short), you need ~£27.7k margin to cover a notional position of £138.5k (5x or 20%). The brokers profit are taken from the spread (both at open and shut) you dont see it at all, and i assume there is an auto option triggered by the broker, therefore the usual share borrowings.
Tax free why i like it . And its simplicity.
My explanation is very "kid like" or incomplete or too simplistic due to limited experience, and i am sure there are more experienced PI here (Wyndrum?)

Thanks Wyn, D2B
Will check out the links

Someone mentioned somewhere a rig has been recommended to the board, if this is true, do we know if its a technical recommendation (specs, conditions are in order) or full recommendation (tech + commercial)?

D2B
Staying. Bought some shares last week. Nothing big like last time but enough.. family affair this time, a few members dipped in.

Havent seen any of the RNSes, interviews but will start. Feels like a lot to catch up.

D2B, ITV, Muscles, Wyn
Good to see you guys still here. Where is Persiantrader? He was a good canary in the HE1 mine.

One more cycle on HE1 - derisk and runners. GLA

Wow. This is unexpected. Added at 28.6

I am starting to feel sideways about this share. Hmm..when the sp is not moving during a market rebound (false rally in a bear market), something is amiss.
i am having doubts about brokers' ability to raise the profile of the company . All these news - great work by the company, have zero bearings on uptick movement, not even during market rally.

Large spread (7.8 -8.3; sell: buy). MM pushing price up?

My diamond hand is looking more like broken glass this weekend, thank god for this RNS. Well done to holders. Lets see the sp up please

Just bought in at 913. We are below lockdown sp .. mad!

I hope so too Alligator
Fyi, the levy applies from profits arrising on or after 26 May 2022, rather than retrospectively.

Likely stock will rebound, there will be short lived rallies but overall destination is south, with the rest of the market.

Entry @ sub 2015 valuation would be excellent.

Added a small tranche at 245.

Hope you made some good profits BlaimThrower. Cash is cash and useful to have liquidity in this market.

Not slicing a little for profit SGF? Market is crimson red and lots of companies' sp has gone to pre IPO levels or Mar 20 levels. Still further down to go i suspect if SPY is to go by, therefore potentially some opportunities for 10x ++ coming. I suspect a min 9 more months of pain, so perhaps good to be have some liquidity. Got some charts (targets companies, 50 odd to consider) to share if you want a peek.

...I am still keeping my main / initial investment in TM1, havent touched that incl all my converted warrants. Still intact.

Sold my 1mm shares i bought recently this am - school fees sorted :) Keeping my main holding.