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Whatever the reason behind the sp dip earlier this morning I think we can all agree this stocks sp is & continues to be heavily manipulated.
Couple of questions for the knowledgeable investors here.
Is there collusion amongst the brokers shorting a company’s stock (apologies for the naivety)?
What are the typical preluding SP indicators/movements to look out for whenever short positions begin an exit strategy?
Think they closed a small % of their short position yesterday, from 0.7 to 0.67%.
https://shorttracker.co.uk/company/ES0177542018/
Hope my concern is misplaced but I think the current & future UK governments will dither & delay allowing SMR competitors to gain advantages. UK Gov need to speed up their decision making processes in all depts. Very best of luck.
UK railways have fallen well behind other countries, they have to be allowed to modernise with new technologies & working practices. UK Gov also needs an overhaul, e.g. House of Lords well overdue an urgent reform. Absolute ****show with devolved Gov in N.I. atm.
I won't hold my breath on these happening anytime soon, maybe next century. Slow & reluctant to change, unions & the Gov.
This stock reminds me of Wile E. Coyote. Unfortunately for me I am invested here. FFS.
Apologies if this news has been mentioned already.
https://m.uk.investing.com/news/stock-market-news/airbus-eyes-saudi-deal-for-almost-40-a350-jets--sources-2792234
Potential funding for UK SMR units?
https://electricityinfo.org/news/nuclear-investment-9/
@ozziebtc, IMO the US should have had sanctions or some form of admonishment for the shameful acts in Hiroshima & Nagasaki. Did the US oil purchasers back then not have a say on whose oil they bought, or were they not prepared to upset US trade relations....hmmm.....if so that was their choice? I somewhat agree that the American administrations have tried to be the worlds policeman & agitator when it suits their interests. They have propagated conflicts for one reason or another (domestic & intl) here there & everywhere. From my experience the majority of American citizens are not concerned about events outside of their borders, dare say a lot may never have heard of Ukraine before 2022, let alone the US foreign policy there. But I am having some difficulty understanding Putins strategy in Ukraine, less so the US. And here we may have to agree to disagree. Did the color revolutions unsettle him, was it NATO encroachment, personal insecurity, multiple factors? Has he not made his & Russias position worse? Whatever it was one day, just like the rest of us, he will be gone forever. We can agree on that.
One last thing, in an attempt to de-escalate the Ukraine situation could the Asian and Middle Eastern countries not take the initiative & say that the US & Russia are both wrong ? After all this war will have to end at some point with some kind of peace settlement.
I got here by posting some news facts about WizzAir, good & bad.
@ozzieBTC, I would speculate that the countries continued buying US oil after Hiroshima for the same reasons China,India,Saudi,Turkey,etc are purchasing Russian exports today. IMO the Russian aggression in the Ukraine & the nuking of another country last century were both unnecessary. 'One mans terrorist is another mans freedom fighter', have you heard that saying? Both believe they are justified in their actions. They will leave each other blind.
And you are right double standards do exist on both sides & the media will (& not) report whatever narrative suits the audience. Facts are spun & distorted at the best of times more so during conflicts. Most people can ignore, choose or be told what to believe. From what I have witnessed & believe to be true, sadly I think my current levels of liberty & freedom of speech would be curtailed in todays Russia. Speaking personally I would not want to & nor could I likely live in a country under Putins leadership. I can understand why the Ukraine is resisting the invading hostile army. The actions you mentioned of the Ukraine soldiers towards the students is indefensible. This sort of behavior & much worse will inevitably happen & go unpunished during a conflict (not just soldiers either). Mention this to the average citizen affiliated with the soldiers country & you tend to get ignored or rejected from the peer group .
I am not a military strategist so my best guess is the strikes in Crimea are to designed to negate the Russian force in that region to protect other areas in Ukraine. FWIW Blair did & does not represent the views of the whole UK population. Also I found out WC was no saint sometime ago & it was not only from Bengal either. But I do credit him for tackling Hitler in WW2 & even more so the men, women & children who lived & died during that time . All the past empires have committed despicable acts over the centuries, I think not much has changed or is likely to anytime soon. As an anecdote to this, I watched groups of primates attack one another in the worlds jungles over disputed territories. Is this what humans are doing albeit with ever more sophisticated weaponry? Is war another part of accepted human nature to be expected from time to time? Oppenheimer quoted the Hindu text “Now I am become Death, the destroyer of worlds.”, he knew what we had created & the dilemma future generations would face. Crazy, stupid, but whats done is done.
We are all subjected to conditioning from birth. Whether pro putin or not I do not perceive you as a threat, its your right to have opposing views. I do not know enough about the Cuban missile crisis to discuss with you & we could be here all day going over rights & wrongs of past wars. The US is America for America,I get that & other countries are with them for the crumbs & protection they offer. However the countries currently buying discounted Russian gas & oil need to take the lead in this...maybe their voices can then be heard. ATB
@LesMondes, I acknowledge the point you made. Wizz Air is not much different to other businesses trading with nefarious regime countries around the world. imo atm any support Russia may receive from a Wizz Air subsidiary introducing flights to Russia is miniscule when compared to those countries buying discounted Russian oil & gas. I choose to direct my ire towards the profiteering governments with the power to potentially influence Russia to end the war sooner rather than later. Also Russian inhumanity under Putins leadership did not start with the Ukraine invasion on 24 Feb. Did the European airlines & international businesses turn a blind eye to events prior to this?
@Lesmondo
In short my take is that it is yet another stupid war started by a barbaric ¢unt supported by a cabal of fu©kwit ar$ehole$.
The thing is Putin did not suddenly become a monster on Feb 24 2022 . Governments & businesses around the world have & continue to put profits before morals.
Is it right for the governments in India, China, Saudi, etc to profiteer from discounted Russian oil & gas imports? Personally I think it is wrong & it makes me angry. But it happens & there is f all I can do about it. Genocide, atrocities & human rights abuses have been & continue to happen around the world, yet governments & businesses continue to chase the dollar no matter the social cost. Like the song goes "We didn't start the fire, It was always burning, since the world's been turning".
Russia will take no notice if a WizzAir subsidiary removes or begins flights to Moscow. It is a token gesture like the free tickets promo. I do not know if the WizzAir CEO is pro Russian, is the CEO of Apple or Tesla Pro China/CCP or is the BAE CEO Pro Saudi/MBS?
Wizz Air did not start & cannot stop the Russian Ukraine war. However if China or India could for a moment just put their own self interests to one side & say no to buying Russian oil, well.... that might shake things up in the Kremlin. Until then I guess we wait until the West safeguards it's energy supplies & begins threatening secondary sanctions to the Russian friendly countries. ATB
For balance,
Sandbar reduced their short position on 17/08 by - 0.09%. Also WizzAir offers 100,000 Free Tickets for Ukrainians to Travel Throughout Europe, link below.
https://www.schengenvisainfo.com/news/wizzair-offers-100000-free-tickets-for-ukrainians-to-travel-throughout-europe/
Wizz Air suspends relaunch of Russia-UAE flights
https://www.reuters.com/business/aerospace-defense/wizz-airs-abu-dhabi-venture-suspends-plans-resume-russian-flights-2022-08-19/
The journalist retelling the story had a poor holiday early August, with Wizz air I think. Many DT readers in the comments section recall a positive & improving experience at Heathrow.
Article can be viewed using paywall unblocker link & DT webpage below, should you want to.
https://12ft.io/
https://www.telegraph.co.uk/news/2022/08/20/heathrow-worker-30-years-have-never-seen-airport-much-trouble/
@Edward75 SP was fine when I commented, you never know whats round the corner 20/20 vision with hindsight & all that etc. Anyway tomorrow is another day, 2 steps forward & then 1 back. SP will be fine in the long run. Watch this space.
Weak economic data from China & a sub 80 dollar oil price may well hasten some kind of settlement in the current Russian Ukrainian spat.
I have read that Russian oil has a high production cost estimated at $42 per barrel (is this correct?) . Russia is also selling its oil to China, India, Saudi at an approx 20 to 30 % discount to market value. Therefore any Russian oil revenues funding the Ukraine military operation will be severely impacted by the lower oil price. Also read that oil storage levels in China & India are nearing capacity & that Russia itself has limited storage. So Russia could soon have a glut of oil on its hands & may even have to cap their oil rigs. Lower oil exports = lower oil revenues, this scenario could help in pushing the Kremlin to a settlement.
In my opinion the sanctions will likely remain until there is a fundamental regime change either in the current Russian or Western governments.