The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
"How is any anonymous post on here, based on diddly-squat, going to influence the SP?"
I'd humbly suggest that in the current day and age of significant retail investment through a population of largely inexperienced investors, sentiment on popular forums can seriously impact share price. For extreme examples you only need to look to the recent meme stocks debacle.
I've never heard such nonsense
Matm - is this not covered by the shorttracker statement of: "We no longer track disclosures after they drop below 0.5%. It is possible that the manager still holds a short position even if we are showing it as zero."? So they may have continued to hold a 0.39% short position?
Sorry, my mistake, ShortData shows Citadel going from 0.51% on 14th Jan 2021, to 0.39% on 19th Jan 2021, and now to 0.50% on 6th Dec. For some reason the LSE page omits the change on the 19th.
Haven't Citadel reduced their existing short position a tiny amount from 0.51% to 0.50%?
Because price isn't just a reflection of buy and sell volume. If the order book is weak on one side then the price can move disproportionately in that direction.
Tony, can you please explain the mechanisms behind why a share price should fill a chart 'gap'? I don't believe there is any logical reason why this should happen, but I'm curious to understand why you think it makes sense.
They say the best investors/traders are able to completely detach emotion from their decisions. All I know for certain is that I'm not one of them!
No Tony. The failure of your charting predictions is not due to an 'irresponsible whale' making random movements. There's been a predictable pump off the back of last week's RNS, and the current price action is the business as usual activities of profit taking and investing.
You've asked this same thing a few times now. And there are many answers to the question of "how high", if you'd trouble yourself enough to search for them rather than asking to be spoonfed.
Nefarious manipulations happen on both sides of the coin, of course.
It is entirely possible that tomorrow's date was set with the expectation that data will have been analysed and some results out by now.
There may have been delays in analysing this data and they may be working flat out to get the analysis sorted by tomorrow afternoon. Or perhaps not, just a possibility to consider.
"The triangle pattern is currently broken".
Which is why many of us, myself included, find chart patterns and TA in general to be of marginal use, at best.
It doesn't matter how strong the support line at 140 is, the impending news is either going to crash right through it, or send this skywards.
Reading between the lines this is incredible news.
The accelerating upward trend is certainly encouraging. I'm hopeful to hear new news by the end of this week.
Very well written post Skippysb01.