Member Info for Heath23

I’m sure ABB had sites earmarked before they agreed to the partnership. The question may be whether AFC have the right sized system for their use and how long it’ll be before that is ready to deploy. H2 2021 apparently...

Great point well made Stumbler

Sorry Risky - that was a copy and paste from something I found on the net. I know nothing really.

I suppose you can relate it to your money in a bank though. I get paid and it’s goes into my account. The bank can invest it as they wish, but when I want it they need to provide it up to my agreed limits (balance or agreed overdraft). I can’t stop them doing that unless I withdraw it from an ATM (certificate).

Sorry CB - getting mixed up with my orders. I did however find this....

Is it true that putting a high limit sell order will prevent shorts from borrowing your shares?
This is completely untrue. As others mentioned, you must request a certificate of your stock in order to be in possession and keep them from being borrowed. Most brokers do not do this because the make a percentage for the transaction. Otherwise, with a fully funded account you can collect these interest rates/rebates yourself. Your broker is the holder of your position and reserves the right to loan your shares at any given time. This is written in your brokerage agreement and if not readily available you can give them a call.

Setting a high limit order gives the clearing firm or third party that your broker may or may be under contract with the ability to see where your position will possibly be sold and gives them the opportunity to continually sell and buy back, some times hundreds of times in a matter of minutes, your position. With high frequency trading this often happens from algorithms or a “black box”.

Furthermore, there are plenty of contractors and promoters working the chat rooms and forums telling people falsely that if they set high limit orders they will protect their positions. But actually, they are misleading them in order to scope their possible exits for the reasons previously mentioned and put selling pressure on the order book.

Many argue that these practices are a conflict of interest and rightfully so. Beware people on reputable sites like this that carelessly give you false information because they may have different motives than “trying to help”, especially if they think it doesn’t affect your position. When brokers negligently loan out shares that aren’t available, it can cause a “short squeeze” that could send a Security to extreme highs (DRYS 2016).

If you have certificates they also need to be in a safe otherwise they can still be borrowed. They should be OK if you don’t invite the MMS round though.

I’m not sure about the stop loss at £2 but it trading higher than that - surely then your shares would have been sold?

I suspect it’s this which is on Bloomberg when the ABB announcement was made

“ With the global EV charging market expected to exceed US$140bn by 2030, this
collaboration will support the worldwide delivery of the charging
infrastructure required to meet such a demand. It will also create a new
solution that will provide secure, efficient, flexible and reliable local
power supplies, with zero emissions. The joint system will be ready for
deployment initially in the UK, Europe, United States and elsewhere, by the
second half of 2021. ”

I know it’s very unlike you to be negative Garonne but until we’re told it’s delayed then the assumption has to be it’s on track.

I don’t believe Julich is delayed Garonne - only Acciona, and for good reason.

It’s not worth an argument about, but just to say I don’t bet on horses. That from what I’ve seen leads to ruin.

Investing is taking an educated gamble - very much like horse racing IMO.

Which grapevine?

AimM - I’m surprised you want to sell so quickly as I’m sure it’ll hit £4.50 this week.

I’d recommend waiting a bit longer.

Interactive Investor - decent app

That reminds me, I haven’t read my stars today...

Well done Jhonboy - I was trying to find a good answer to the question but frankly it was so ridiculous I kind of lost the ability think for a bit.

Sorry, I don’t believe you. That’s just my opinion though.

This new poster is a wind up merchant - stop falling for it.

If it’s being covered up it must be significant

It’s likely the first comment was correct and I’m sure someone is in trouble for it!

They could ship the completed stacks to Saudi and complete the installation into the bk gulf provided unit there - that would reduce the amount of shipping required at least.