Member Info for HarryCaul

Yes, I think that's very well put Dartron.

The problem with any Institutional Fund at the Smaller end of the market is liquidity.

When the music stops in Smaller companies or even slows, they simply cannot reduce exposure quickly enough without taking a bath.
The other thing to bear in mind, and you'll see it time and time again in a downturn, is fund redemptions. It can quickly become a vicious cycle and quality holdings do get trimmed as they're more likely to have the liquidity, to meet the redemption payments.
On the flip side, picking up holdings from other distressed sellers, or from placings can certainly give them a bang for their buck when conditions stabilize - as we're starting to see at this moment in time.

With small Cap placings, it's the 'High Net Worth' punters I'm more bothered about, who will sit there as traders and flip them for pennies - which they're well within their right to do, but creates a negative drag on stocks on the initial recovery.

Smoke and Mirrors are everywhere in this game, but I'm happier that Mito has been supportive, and Amstrong has come on board .
BTW with regard to Armstrong, I reckon they've bought a token amount before approaching the Board to acquire a further stake in size at an advantageous price. Again, all speculation, just throwing it out there.

Nope, not right now but will have a look when I get back to the desk.

I hope it's positive? Do you know something I don't?

Bests

Harry

Yep. Should know better.

Exactly - Spot on.

Armstrong Investments have amassed an 8.2% stake.

I've got some too Draft!

I think I may win some sort of Guinness book of records award for most Dogsh*t stocks ever bought!

Excellent news this Morning.

William Black, increasing his stake through his Armstrong Vehicle.

He's also been active at Carclo Engineering, so is obviously seeing value in the sector after a prolonged spell of under performance.

Onwards.

What a sh*show.

Who's wearing Superdry?

A serious question.

It was incredibly popular to the point of saturation - everyone was wearing it. It was even emulated by several other Brands taking the Japanese-inspired branding and offering it cheaper.

It's a brand that's had its day IMHO and that's a massive problem for the company.

Funny how despite the positive update in December, the stock was confidently tapped in.

Hopefully, we'll see where the other stock has gone over the coming weeks.

Yes, there appears to be an Algo chipping away at Volume over the day - big print at the close yesterday.
I'm keeping an eye on the afternoon volume as there appears to be more action once the States opens up.

Spot on!

BB was you once a Blubutton?

£2m quids worth at £1.342 on the uncross tonight - certainly being held back.

They're going easier.
There's not been a bounce, and any attempt has been sold into. I suspect the Hedge funds are keeping the pressure on for now.
HSBC cut today from £3.40 to £1.40 - genius work.

A number of people have been shouting this for the past few days - Traders piling in. Yet the share price goes down right?

Doesn't really make sense on the very basics of supply and demand.

Unless the Traders are confidently being filled.

I once knew a Bald Eagle from Wales - a lovely chap, not bad with the Shares either.

Nonsense.
Happens all the time.
While they're at it they could award themselves some chunky options.
Followed by a share buyback.

Depends if they buy scraps or go Large.

Are you from Wales Bald Eagle?

Nothing sinister I assure you.

I think the comments made by Claire are well thought out, and don't particularly come across as being an attempt to ramp the stock. Realistically, with all the Hedge Fund activity in the name right now, most punters on here are small fry, and their efforts to move one way or the other will have limited affect in the grand scheme.

I think this is an interesting situation, but as always, be objective, do your own research and make your own mind up.