Member Info for JeremyP

Citadel down 0.09%

Systematica down 0.03%

Had a real go today, through a lot of algo sells at it.

Shorts down from yesterday and big reduction over at asos

That’s why it was likely a trade yesterday

Could be. There was another 2m buy yesterday at 30.30 and another big trade at that level today

There you go! 5.5M

Is 30.30 Frasers new buying point?

All it will take is one to panic and this will be 60p in a blink of the eye. I still don’t know where the shares are coming from for Frasers to buy?

Maybe the 2m but this afternoon was a short reducing

Boo now highest shorted company overtaken asos. It’s basically Big Mike vs the shorts…..nothing from the BOD seems they are happy for Frasers to take them over at bargain price. Slow death for them…tragic really.

It’s a mystery as no TR1s…how do you buy £55m in the open market without the SP flying up???

MMS, shorts and the main buyer keeping it low for all of their purposes….like you say there comes a point when the liquidity dries up and something has to give to the upside….

Just gone through

100% Ashley wants Boohoo

They are after Debenhams to use it as their market place. I am convinced they will go for the lot of boohoo and asos although that Will be harder to get at a lowe price due to their majority shareholder. I maybe right I maybe wrong…..

We could get another rns tomorrow regarding the trades on Friday

The shorts have to keep increasing or they will get stung, if a couple start buying back they are screwed. I think it’s a good thing to be honest as it creates liquidity for MA. If they keep selling and he keeps buying it’s going to fly!

Volt the increases are from two of the underwater shorts and from Citadel who are margin trading they own 5% of the company so are long too.

Totally agree he’s strategising and building. He has a plan.

AJ Bell analyst Russ Mould commented: "Frasers loves a bargain and clearly sees an opportunity to have influence over boohoo's strategy, possibly as another avenue to sell its range of athleisure brands. But equally, Frasers might be viewing this simply as a way to make a quick buck – a chance to buy shares on the cheap and then flip them should see the online retailer be successful in its turnaround efforts."

Low volume and lack of liquidity today therefore shorts can’t reduce or Big Mike to add.