Member Info for jetstar23

They’ve only had one previous short trade - Cineworld in 2022. But then again everyone was shorting that off the back of Covid. Brave taking a short out down here, unless it’s to hedge an existing profitable position.

Doesn't really matter what (if any) fine will be, as it'll be mostly covered by business liability insurance.

Slight drop day probably following news from the FCA. Other insurers also down.

“ The Financial Conduct Authority launched a market study into premium finance, while the government announced a task force to address rising car insurance costs.”

That was all very exciting. 132,000 buy order appeared on L2 which seemed to drive the price up, the buy order went through and then it dropped back. Looks like someone decided to buy today!

You're all reading too much in to it. Frasers had some put options which expired on 20th September (as 20th was options expiry day) so depending on the option they took out, they would be either forced to buy or sell shares. Check the recent RNS' over the last few months and you'll see.

No "sudden drop" but there was a 317k buy order in the closing auction which bodes well. A few buy orders on the book up and around 445p too, so clearly some traders happy to pay more.

200 day SMA seems the major resistant point from a chart point of view. Haven't been able to close above it since February, despite brief intra-day pops above the line.

Couple of big O "buy" trades went through the order book within a few mins of each other. Possibly the reason.

12:19:03 288,510

12:19:48 240,296

12:21:16 239,717

12:22:54 238,864

12:23:41 238,537

12:24:37 237,786

12:26:41 233,492

Options expiry day today, so lots of stocks will have had larger than usual UT at the close. Would expect one of Frasers options to have expired today as a result.

Interesting to see what Nick Beighton does. I'm sure if he came back to ASOS it would have a big positive effect on the share price. Maybe that's what Mike Ashley wants...

Free publicity on the front page of the Sunday Express today with the headline “Rishi Targets Saga Votes To Win Election”. Article goes on to reference Saga.

415k on the buy side, 256k on the sell side of the order book at the moment. A buy of buying interest it seems.

Theres buy orders for 71k at 385p and 92,800 at 381p on the order book. I suspect it'll be manipulated down to 381p this week to satisfy those!

Numis were also previously advising Saga on the disposal of Acromas Insurance Co Ltd, back in January. Old story from January 23rd: https://www.sharesmagazine.co.uk/news/market/1674463215326049300/update-saga-confirms-effort-to-sell-insurance-underwriting-business

Someone definitely wants to keep this under 400p. Every time it nudges above there is more selling action on Level 2. Theres been a 122,000 buy order sat at 381p all day that didn't get filled either.

Good riddance as far as I’m concerned. 80% drop in share price during his tenure. Not all his fault I accept, but other companies have bounced back in share value post-Covid. Always amazed me how many shareholders voted for him at the AGM give the overall performance.

L2 was showing circa 370k on the buy side versus about 170k on the sell side in the auction. Spread is at 2% at the moment. I'm giving it 30mins for the initial rush to die down before trying to trade this.

I think tomorrow could be quite volatile. Regardless of the news I can see dropping on open (sell on news), before bouncing back if shorts start to close. Wouldn’t mind betting we see a 15% swing both ways and end up closing flat!

NATS is a public private partnership between the Airline Group, which holds 42%, NATS staff who hold 5%, UK airport operator LHR Airports Limited with 4%, and the Government which holds 49% (the golden share).

The Airline Group comprises:

USS Sherwood Limited

British Airways PLC

Pension Protection Fund

easyJet Airline Company Limited

Virgin Atlantic Airways Limited

Deutsche Lufthansa AG

Thomson Airways Limited

Thomas Cook Airlines Limited

So basically anyone who's bought ASOS on or after 16th Nov 2009 is now sitting on a loss! :/