Member Info for K3VMC

TUNG has tens of thousands of suppliers, hundreds of buyers and 1700 followers on Twitter. Why is there so little marketing from them on Twitter and why am I the only one who retweets? I would email Juliana Wheeler with the same question, but it would seem she isn't prone to answering them, from my experience.

"Recent FSB research shows that 38 per cent of our members who applied for finance were refused in the second quarter of this year.’" Full article is on BS, so readily accessible, if you wants to read it there.

I plan on going.

Baz, understood. I've been buying up and down, since 55p. Haven't sold any yet. :-))

Slater & Gordon's biggest shareholders appear to have stepped up their war with the company's doubters, pulling stock from prime brokers and creating a potential short-squeeze. When Slaters opened down 20 per cent at about $2.70 on Thursday - thanks to Quindell's restated accounts - hedge funds were set for a feast day. Instead, one major shareholder is believed to have pulled its 16 million Slaters shares from the lending pool, representing about one-quarter of the stock available for borrow. [Fingers were pointing at Fidelity International as the owner of the 16 million shares]. All of a sudden, hedge funds were scrambling. Almost all of the supply was out of the market and there was potential for a short squeeze which could undo all of their profits from Slaters' sorry situation. The stock spiked back above $3 and traded between $3.15 and $3.30 for the rest of the day. None of the major trading desks wanted to say too much about it come Thursday afternoon. However there are plenty of brokers, traders, investors and people involved with the company waiting to see whether it marks an important turning point in the battle between Slaters and the short-sellers. Read more: http://www.afr.com/street-talk/slaters-investor-has-hedge-funds-scrambling-20150806-gisxgp#ixzz3i7eODZax

baz, there is a nice little rally going on MONI, on the back of GSA Capital reducing by just 0.1%. This lot have 7.14% to buy bak! sooner or later. ATB

tricky1276 "is so low here the shorters will be able to drop this to whatever they like looking for stop losses. Just a matter of patience and targeted buys at potential lows." I have no stop losses on TUNG. Happy with everything under 80p, so I just drip feed a buy in every three or four days.

9 million shares to buy back. Sadly, not today, but they will buy them back!

*Rylidan - sorry. iPad and not enough coffee.

relied an, you will have seen our friend's graph on BlueShare and her very useful updates on the short positions, so you have some excellent information to work from. I managed to buy some at 55p as well, but I averaged up to about 64p now. Never wrong to take a profit, as they say, but I'm not much of a trader. I'll wait and see what happens in the next few months. ATB

That will happen here. 9m shares to buy back.

chemistdude, thanks for that!

fluffybutton, I prefer to take note of them, to be wary of them, to watch the rate at which they reduce and remember they can change tack and increase any time they think they can make some more profit. On the plus side, I think we have less than 18 months to get an excellent return. I'm prepared to wait longer, but don't think I will have to. Just my opinion.

Excellent start to the day. I wasn't going to post in case I jinxed it! Very good support on L2. News may be imminent, but even without news, shorters have lost their gamble that TUNG was going under, so they have to compete with each other for the 8,966,000 shares they need to buy back. It's just a matter of patience now and QPP taught me a lot about patience and outlasting the shorters.

baz, good luck with GKP!! I haven't followed that story, but will watch now. I made money from MONI, but haven't been in since the 80s. That's another existential battle, but I need some od my current stocks to mature, so maybe a while before I start looking around. ATB

JollyJack "Now up to 7.15. Am keeping a close eye on this with a view to get back having bailed out in the 90s having made a small loss using stop loss but keeping powder dry until shorts are a lot less. Knowing my luck may miss the boat on the bottom , but heyho" I can never pick the bottom and I think it is unrealistic to expect to be able to do that. I did very well out of the last big rally. I'm drip feeding money in the 55-65p range now. I averaged up from 62.7p to 65.4p yesterday and Thursday. At 7.15% short, they have to buy back just under 9m shares. TUNG says it has enough cash to see it to profitability. IF you believe that, which I do, then ANY kind of PE ratio - Basware is about 400 P/E - picking the bottom is unimportant. It's comparable to me loading up with QPP in the dip from 80p to 30p. Of course I would have preferred to buy the lot between 25p and 30p, but the weighted average profit from those trades was at least 200%. TUNG can easily do that and more. Maybe the shorters have planned a coordinated attack. It may go down from here in the short term, but unless this company is going bust, there is only one way this sp is going in the medium/long term. Shorters don't always get it right. Ennismore INCREASED its short, as the QPP sp was rising from 30p and they got a well-publicised bloody nose, for losing clients money. TW was advising acolytes to pay their margin calls at 39p. Most of these shorters have made fabulous profits here. The trick for them now, is to leave as little of that profit on the table when they leave. GLA

Too right! I don't mind buying at these levels. There WILL be an Ennismore here and there WILL be a rerating. It may not be next week, or next month, but when it comes, it will be a biggun! QPP six bagged and that was with all the baggage it carried. I'll be happy with a four bag within twelve months. I'm loaded up now, but there really is no rush.

ONEPARA, I think I may need some kind of job, but not one that involves money. I'm carp with money.

The four 65.75p trades at 11:53 and the one at 11:57 are my buys. I said I wasn't having any more. I really jean it now. Enough!!!

Baz, I blame you for that little shorting flurry!! :-)