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Calamari
I cant see the shorters reduced 6%
Please elaborate
Love it
Marshall Wace LLP 1.97% -0.08% 15 Oct 2019
Looks like we will start to see the SP improving in the coming days
When a shorter is selling they need to buy shares to counter their selling position
For every buy there is a sell - hence its the london stock exchange!!
So the shorters need people to sell their so they can buy and close their position
This all happens at the same time
They typically will close their positions (i.e buys) gradually, otherwise the price will go up too quickly and then their short positions will suffer profit
Therefore what they are doing right now is exactly they way shorters would play it to start reducing their shorts when they think the stock wont go down materially much more!
Hope that makes sense
ENA increases shorts on 14.10.19 by 0.1% aka 350k worth of shares
People get worried and start selling allowing ENA to start closing their shorts
ENA increase of 0.1% is nothing
Based on just the last 30 mins of trade there has been 1m of buys in 3 trades.
This is the equivalent of -0.3% of shorts closing
The shorters need people to sell to get out of their shorts.
I feel for those who have lost a lot, and understand your vulnerability here, but dont let the shorts make you walk away now when we are on the turn
Interesting thoughts on this
5 waves low
No w the time to buy?
https://www.ii.co.uk/analysis-commentary/chart-week-why-i-metro-bank-shares-even-more-now-ii509444
Look at the 1 month volume
When volume changes so much like that it usually means a reversal
This will be the 2nd week metro is positive
Massive confidence boost for stocks and investors
The way its going it will be the 1st positive month since £30.00
Definite turnaround signs
Metro should follow suit
13%
Is this it?
Does it trade on US market too?
Does that mean it will be massively up tommorow?
https://www.bloomberg.com/quote/MBNKF:US?in_source=DirectQuote
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https://www.ft.com/content/fb1953b8-e919-11e9-a240-3b065ef5fc55
Crispin Odey hit in volatile September for hedge funds
UK manager lost 12.7% in European fund as stock and bond moves made for challenging month
Crispin Odey's fund had been betting against financial stocks and against the British pound, which rose last month © handout
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Laurence Fletcher in London and Ortenca Aliaj in New York 2 HOURS AGO 7
Hedge fund manager Crispin Odey is among managers nursing losses after a choppy few weeks that saw large moves in bond and stock markets.
Mr Odey, founder of London-based Odey Asset Management, lost 12.7 per cent in September in his European hedge fund, according to numbers sent to investors and reviewed by the Financial Times. That left his fund down 18.1 per cent for the year.
September proved a major challenge for hedge funds, many of which have been riding rising stock and bond markets this year.
A violent rotation out of shares that had been performing well and into cheap value stocks — which had previously largely been neglected in favour of faster-growing companies, for instance in the technology sector — hit some equity hedge fund managers. There was also a spike in crude prices mid-month following strikes on Saudi oil processing facilities, that was quickly reversed.
Mr Odey’s fund has been running bets against financial stocks including insurer Lancashire Holdings, the fund’s biggest equity market position, according to a letter to investors seen by the FT. Financials rose strongly in September, however, and Lancashire’s shares jumped nearly 9 per cent. Meanwhile, the British pound, against which Mr Odey has also been betting, climbed against the dollar.
Offsetting some of the losses was Mr Odey’s large bet against Metro Bank, whose shares plunged after the lender pulled a £200m bond offering. An Odey spokesman declined to comment on the fund’s positioning.
Mr Odey’s fund endured three calendar years of losses, including a drop of nearly 50 per cent in 2016, before rebounding 53 per cent last year, when it was one of the world’s top-performing hedge funds.
This month, it had regained 4.5 per cent as of the middle of last week, reducing year-to-date losses to 14.4 per cent.
September also saw large moves in government bond markets. US 10-year Treasury yields soared from 1.51 per cent to 1.91 per cent by the middle of the month after a bout of improved economic data, before falling
Only if less than 2.5 then load
Im averaging 2.25
https://slatersentinel.com/news/2019/10/06/metro-bank-otcmktsmbnkf-stock-rating-upgraded-by-valuengine.html
With the upgrade from brokers and Vernon Hill takeover attempts, what do people think this will reach in
A) today
B) 1 week
C) 1st nov
D) end of the year
E) 2 years
Im
2.5
3.15
4.50
6.00
15.00
Big Movement
Cant buy
Does anyone think £3 will be hit today?
Once this gets on bbc and FT tonight every man and his do will be all over this tonight
I will take anyone on for a 1000£ today will be blue
Anyone?
This is great news
Credit rating now BB+ instead of just BB
https://wolfstreet.com/credit-rating-scales-by-moodys-sp-and-fitch/
Ive just seen all the level 2 orders
I just hope less than 2.60 is possible now
I doubt it will be that high as the general
Public havent probably seen the articles from the weekend as they are not national papers! I really hope it its is less than £2.00 so I can buy a few before it gets too much attention