Member Info for Kheldar

No points for desperation Jongle.

This data has been out since 28/11/2022. Maybe you should look at the price action on Boohoo since then to see what impact it has had. Good luck with your imaginary trades.

https://tradingeconomics.com/united-kingdom/cbi-distributive-trades

In a space of 2 years Amazon share price had fallen from a high of $4.70 on 17/12/1999 to $0.36 on 09/11/2001. Does that mean all those invested and continued to hold were stupid? History tells us those were the smart ones as today most ended up with a minimum of 6 figure return. I'm sure at the time individuals of the same ilk as Jongles and Daytradenovice were spreading the same fear, uncertainty and doubt.

I've come to realise our resident FUD spreaders seem to have a constant need for validation on social media. They will deny it but look at the time they are spending on a share which they don't invest in or if they do it's pocket change. It's apparent the only investment these lads do is in their heads.

Guys here's a link which might help: https://gleneagles.com.my/articles/it-s-time-to-stop-seeking-validation-from-social-media.-be-confident-in-yourself

My take on Boohoo is we are in a good moment but nothing is guaranteed. The main positive this week for me is one of the biggest shorters Marshall Wace seems to have moved on to ASOS (3.02%) and Next (1.82%).

Up the BOO.

ATB

8 companies had a short position of 0.5% or more in boohoo at start of day. We now have 7. Boothby fund management llc have reduced.

Up the BOO.
ATB

T4G - The quote was on britishbulls website yesterday regarding boohoo.

has been breached. I repeat, 45p has been breached.

ATB

Market Outlook on BOOHOO
It was definitely a day of high anxiety for shorts watching the sudden bullish move. The bulls now have the upper hand in the market. This bullish enthusiasm caught us off guard without the forewarning of a bullish pattern. Our previous SHORT signal didn't work out. This happens. Sometimes, candlestick patterns falter. We owe you an apology for that, but this is exactly what we have the stop loss mechanism for. The bullish stop loss of the last bearish pattern is triggered today.

ATB

You've gone that extra mile to make sure I don't lose money here so I would like to pay in kind. The following is copied from britishbulls website.

Market Outlook
It was definitely a day of high anxiety for shorts watching the sudden bullish move. The bulls now have the upper hand in the market. This bullish enthusiasm caught us off guard without the forewarning of a bullish pattern. Our previous SHORT signal didn't work out. This happens. Sometimes, candlestick patterns falter. We owe you an apology for that, but this is exactly what we have the stop loss mechanism for. The bullish stop loss of the last bearish pattern is triggered today.

ATB

@Jongle: 25p at on the cards imv t4g should Xmas tank for boohoo.......shorters likely betting on this

Still think shorters betting on poor xmas after the release of the short positions?

@Blackfoxtrading - according to the shorteurope website apart from two companies the other are all in the red as they shorted at around 40p haha. Surely that can't be right

The short position has gone down meaning the company shorting have 'bought' the shares and given them back to whomever they have borrowed them from. Short position reduced by 1.59% or approx 20m shares. That explains the big buys yesterday. IMHO the shorters have borrowed the shares from stockbrokers rather than large investors, which is why they are able to buy back without the price moving too much. Feels unfair to me.

Nearly 20% reduction in shorts , things are looking good for boohoo.

Let's hope for the same tomorrow.

Up the Boo.

ATB

Jongle: The swings here are still going to be mental I reckon and nobody can predict them

I think we can all agree on this lol

Sorry Jongle but you’re obfuscating. Look at your comments from last night you have said it’s bearish short term and avoid.

I think you make some valid points but in this case you were sayibbn one thinn and doing something else. It is this that causes a trust deficit.

It might be a few people listened to you and sold out - you’ve cost them 5% today no getting away from that.

Nice to see you’re still around Jongle.

Let me get this right you bought in yesterday and have subsequently sold. This after you have been telling people to sell that’s it’s going to low 20-30.

Not sure many people are going to pay attention to you going forward if that’s how you behave.

ATB

Wolfi - Sorry, yes you're correct - back to the drawing board :-)

Assuming like for like on costs we can infer what the price of CASP is relative to the Dunga field.

Dunga - Total 60% interest on 7400 bopd sold for $330m. So for full 100% interest = 330/0.6 = $550m

Casp - 2400 bopd using same valuation would be: 2400 / 7400 * 550 = $178m

So we are worth £147.4m - 2.251B shares equates to 6.5p more than 50% uplift from current price.

ATB

T4g, Uncrossing trade - 2.2m shares - at 41.63 so don’t think anyone got back in cheap :-)

ATB

Shorts burning up their fuel to keep this here. When no more shares to sell.....BOO TIME

ATB

Hopefully the chunky buy is a shorter reducing their position.

Jtan: What goes up ..
Everyone: Boo

Morning Jongle.
That’s good news about berenberg. Last week we were talking about price drifting down to 30p so now we have a broker saying 45p- sounds good to me

Good find mate, keep up the good work