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The last few days have been ordinary or low trade volumes, today just 263,000.
We need average volumes++ and you’ll see big moves.
It’s a small but welcome move, once the tide turns they’ll need to get out quick or get roasted.
It’s an interesting thought but just 115,000 shares have changed hands this am.
7% shorts = 8.4 million shares roughly.
It’s going to take them until Xmas at this rate
I think your snowball melted
Real shares trumps puts, would be interesting to understand why the options weren’t taken up or rolled over.
Yes that’s it
Tell those selling, 2.5% down as we speak!
This is what baffles me about this stock.
If they repeat everything as we know it thus far and then provide forward guidance forecasting profit in the territory you mentioned the sp will indeed look ridiculous.
Yet we’re wallowing around in the red this am and I could have closed the other day for a nanosecond at 4.20
There’s just something disconcerting about the way this stock trades
All the management needed to do was not f@@k up!
The numbers appear in line so the basic requirement and nothing more needed.
Doh!!!!!
With the conspiracy hat on, this is obviously the last chance for MA to top up sub £4 and shorts can close without a bloody nose.
Ever the optimist
Let's wait and see shall we, shorts haven't started bailing this afternoon have they.
Either way, "the she's gonna blow fellas" consideration didn't quite happen. All those shorts closing has driven the sp 3.5% negative.
Got to love ASOS I'm in it for the soap opera, profits are not a consideration.
So unless I’m mistaken, I’m a weeks time they are going to confirm what they’ve just told us and the sp does??????
Nothing!
Perfect
The problem with this theory is the volumes are minuscule, 160, 000 shares traded.
If we get some juicy numbers tomorrow and sub £4 quid is in the rear view mirror you’ll see some concerted closing but it’s going to be 8 million shares they need.
They are either very clever, well informed if you know what I mean or they’ll have a sore what’s it if this heads towards £5.
It’s a huge position they’ll need to unwind but it hasn’t happened today.
It’s a process akin to water devining. When the Y shaped stick is held near a monitor and the appropriate stock appears it dips confirming a buy signal.
A strong set of numbers Wednesday to the upside that firmly underpins the structural operation changes being made and the improvement that flows.
Nothing else will do anything flaky and it’s £3.60/70 again
Any thoughts on the 3.30 at kempton?
Between 8.34-8.39 2,000 shares over a handful of trades and we see a 20 point move.
It can’t be the volume so who decided to move the price?
Logic says the market makers have to publish the price first before mortals can buy.
I’m amazed they don’t have to explain these movements.
If there’s no volume then it’s rumour or news and we haven’t had news yet
That’s an interesting move this am, 6% at one point.
Cat out of the bag for the numbers Wednesday???