Member Info for Itmustbeluck

It looks like he’s actually reduced his options by a small amount.

Physical shares remains the same.

Both arrow street and Qube reduced yesterday.

Judging by volumes today probably none today.

A good indicator of what happens when they buy to close.

I’m thinking this is very good

Without that purchase we could have ended negative.

That said a solid hold on just 200k shares traded.

Did the sp move?

It does somewhat reinforce the theory that the more ridiculous the story is the more believable it becomes.

The suspension of disbelief.

Who’s to say this story isn’t the cause of the latest rally?

The 8th May candle had a high of £7.03, looking at the recent short size reduction and what's still needs to close I think that could be tested in weeks not months.

Sq point reduced by .1% yesterday look out for any updates late tomorrow.

1.25 million shares traded so I suspect a lot to close.

Essential listening for all shorts

https://www.youtube.com/watch?v=49iAZZ4nIhI

We've done 900,000 shares traded before lunch, its a veritable circus, I'm surprised the increase is this small so far.

Definitely looking for the short positions data. It's heading for sub 5% for the published positions for the first time in ages.

I wish I knew how this works, it’s like watching dynamo and trying to see the sleight of hand.

Predictably unpredictable!!!!

Some shenanigans going on for sure and on relatively big volumes! circa 450K already.

You have to laugh when you see the sp negative after this kind of buying!!!!

Just to add, after the pain many will have endured recently you can see a lot of trades will be cautionary recovery trades returning to break even reducing losses reducing positions.

Once the trend is locked in, the dramatic pull backs will disappear.

A short squeeze is a beautiful thing. Take 1 example QUBE Research, at the current rate they have say 10 sessions to close completely.

So do you take pain over the next 2 weeks or try and buy a million shares and just take your medicine?

It feels like a roller coaster come to town.

I’ve only just looked at the sp action.

Looks like an exciting day on the cards.

Must be some nervous people out there.

Unless someone tells me different qubes short position has reduced again.

I think the unwind is arriving

I reckon they bit the bullet last update and forecast conservatively having decided to put a floor under the bad news.

I think they’ve decided to under promise and over achieve this time around.

A decent Xmas plus good forward guidance and 50% can happen over night.

I think £6 quid is eminently doable.

Interesting move this am. Low volume decent upside.

Will it hold? I’m looking out for short levels. Lowest in months. Does the trend lower continue.

Here we go, an hour after the open and with the sp having been up 6 points at one point you may finally be able to realise an actual increase in the sale price if you were so minded.

Even now the spread is 2.5 x typical

Heads you lose tails they win.

It is starting to look like a slow unwind.

I think that bid announcement is coming monday, still a few minutes to get and not miss out folks.

Happy weekend!!!!