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with any report we will see 50% jump
https://gulfnews.com/business/br-shettys-shares-at-heart-of-nmc-problem-1.69800742
he was highly leveraged
MW and cyber attack took him down
but take your money and run away or even better zurn your position into a long
I expect easy sail past 900p
clears up the muddy water
tomorrow I see green day for us longs
the bank sold via margin s possible caused my lucky cyber hack on finable
**** happens sometimes
but now we have something official proof that the water is much less muddier then people will tell us
wouldnt be surprised to hit 900p tomorrow
the mw attack was mid dec
10 days later was a cyber attack on finable which scewed shetty and crushed his margin
I doubt MW is so clever and so criminal to pull this off
whe n MW can be connected to the cyber attack on finablre MW is finished and chapter 11
I am sure the banks stopped all margin firesale
maybe the dude who did the firesale was fired as he didnt think what will happen?
anyway shetty is screwed and lost much of his assets in this ****hole
I daily check when I see the reserve going low I am thinking to sell stocks to reduce my margin
usually you will never get margincalled by surprise
with nmc and finable dropping like a stone its possible such a rare situation that is was so unexpected so shatty or the bank wasnt prepared and did a fire sale by mistake
they gave him no time to let the sp recover to hold his margin
very rare on a big whale
I doubt shetty didnt knew whats going on
I am on margin too and I can calcualue when I get called and what get sold first
jast a few massive margin calls
I am sure the bank stopped the firesell even maybe its still under margin as health system is critical for gulf region
without any further margin calls I can see NMC going to pre margincall levels of 1500p
then we have fy2019 and report maybe rdy to take the next leg to 2600p
not much
shetty took nmc share as security for a credit to buy a company which ended in finable
finable shares from shetty where possible used as security too
he did quit a lot on margin how it looks now
now 16.12 MW attack on NMC and shareprice dropped from 2600p to 1300p
now on 24.12. a hacker hacked finable and it went offline and dropped like a stone from 200p to 100p
together first margin call and firesale of nmc shares
finable posted message that finable shares were security for a credit by shetty
finable dropped to 70p
after that more margin calls and more fire sales and nmc dropped to 700p
everything is connected but nothing is fault of mnc or should chance the nmc business
shetty was owned by MW and hacker in same time
bad luck or murphy law
nmc 2600p will save your ass or?
people will come back soon and reinvest for these steal prices
i startet with 1040p and finished 794p
with 700p all shorts should be closed now
to keep shorts over 700p is stupid
so ur watching on sideline?