Member Info for hedged

Anything higher at the moment is slightly over valued due to the uncertainties of RI and resuming lending timeliness.

Hedge funds buying amigo? Maybe as a joke on a Monday morning because they are bored.

Any reliable site to get the price of Rhodium?

Kuurj, do you reckon this will drop below 5p?

Probably

Agreed, it Mks consumers are not immune from rising prices.

You know seem to have less conviction in your argument by failing to address the two headwinds i put to you despite you believing you "look forward" on a stock.

I noticed it was oversold too, but the whole market was oversold given the declines from Jan / Feb.

As we officially enter a recession around Q4 this will only hurt the retail sector. Plus potential headwinds of rising prices with core agricultural products hitting the poorest hardest. I failed to see these two factors in your analysis when thinking about headwinds.

Carrington - the posters, myself included, predicting 400p haven't left. Having 1 good day doesn't compensate those who bought in at 2800.

The fundamentals haven't changed. No profit, slow up take in technology, deteriorating retail environment, increasing interest rates, high inflation.

It doesn't surprise me to see investors surprised in this drop. There was too much hysteria in the court date and its always predictable that some would sell after.

Investors don't need to worry about the price, they should be focussed on what they think other investors will do instead, in economics this is called the beauty contest.

Didnt JPM use derivatives to buy stocks? I think I remember mentioning the AM buying these but it was the IB who actually bought in.

I think 15% is too high. I don't think they own anymore than 3%.

Good point. The market cap should increase due to cash.

The market cap before and after the RI should be the same theoretically as what value are you adding by selling shares? The value in the RI in this case is the capital that receive for returning to business minus the dilution they are going to absorb.

This will spike again tomorrow morning but end red.

Plenty more opportunities to buy under 6p in the foreseeable. Patience will be needed amongst the hysteria.

Like i said yesterday, this will spike early and then pull back to 7p by noon. It pulled back sooner than I thought and hit 7p by 9am.

The chief cause of inflation and interest rates are not the Ukraine war. Andrew Bailey said himself last year before the war started that inflation would rise.

Closed

5.75 was the true price it closes on Friday.

This will spike early morning, but fall by noon, maybe to 7p. Everyone will cry corruption as they bought more on the spike wishing it'll go to the moon.

Then we will all have to wait a little longer as the fundamentals improve like lending again. Fundamentals are key, a court case is a first step but probably already priced in.

Totally. If this stock doesn't fall tomorrow then its totally corrupt. Only the fools will think this should rise tomorrow.

Have they approved it or have they not objected against it?