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Oil absolutely tanking which is great news for retail stocks…what excuse will the mms for any drop tomorrow….

Not when it’s being manipulated look at the after hours trades…they are back..

Https://archive.is/B9fhy

Looks like they are moving their acquisitions on to the next level….

Hi, here is something I thought you might find interesting: - https://uk.investing.com/news/stock-market-news/frasers-pushes-for-strategic-partnership-in-nordics-3530441

Valuations are cheap and there is plenty of cash around,” said the hedge fund manager. “It’s a definite risk on the short side of the book.”

Some managers said they were spreading their short positions across a wider range of UK stocks in order to reduce the damage if one of their short targets received a takeover offer.

“Either you cut the short or make it smaller,” said a long-short hedge fund manager who is taking smaller bets with new positions. “It’s all about sizing and controlling [the risk].”

“Shorting any UK mid-cap is insane, literally insane,” said one hedge fund executive who specialises in shorting stocks.

“The numbers [valuations] are just so low in the vast majority of cases that a $2bn UK company is peanuts for any mid-sized American company. Your sell case has to be unbelievably compelling and feature the stock going down at least 50 per cent” or there is a risk you lose 50 per cent if the stock gets bid for, the person added.

Hedge fund short sellers burnt by flurry of UK takeover bids

Https://www.independent.co.uk/independentpremium/business/shein-stock-market-fast-fashion-b2555805.html

Https://archive.is/CgWL0

Https://www.telegraph.co.uk/business/2024/06/03/labour-count-on-shein-50bn-boost-to-save-city/

Https://www.reuters.com/business/retail-consumer/labour-party-has-met-with-shein-ahead-potential-uk-listing-spokesperson-2024-06-03/

17k Algo trades out of 350k that’s the clue!!! No market here L5 been killed by the mms for Frasers

Only one red stock in my portfolio this morning….guess which one…being played like a fiddle!

Yep the owner will get his cash out then the hfs will short the heck out of it and the true stories will come out…

Https://news.sky.com/story/online-fashion-giant-shein-to-file-prospectus-for-50bn-london-float-13147014

This is also impacting on Sheins lead times and driving more to air freight which will cost more and impact their margins massively.

US customs checking every single container coming from China and adopting the de minimus rule for small packages also checking for fake goods and illegal packages. The crackdown on Shein and Temu is well underway!

I know Boo is better with them on board…keeps the BOD in check!

Https://www.retailgazette.co.uk/blog/2024/05/frasers-group-hugo-boss-2/