Member Info for lejjb

InsiderKnowledge - the market does not have your confidence today...

That depends on the scale of the work needed. And SME would have to fork out several £10,000s, a company of the scale of Card Factor would probably have to spend anything between £ 500k to 1-2m.
Anything created to be a proprietary software would also cost more at the outset because the coding is largely from scratch vs and a pre-coded existing platform that only needs customisation.
And there is also the need for QA testing that adds weeks (months?) - this is not just staff cost but also the cost of loss of business opportunity.
That's why "doing it oneself" is not always economical, unless one is a mega company with existing staff with IT expertise.

I agree fully with Pokerchips - MM has clearly changed his act since October. Another evidence is how he / his team suppressed the claims of "Black Friday beating expectations" from LinkedIn so as to keep the information flow under control like any properly run company.

shorttracker.co.uk suggests there are very few institutional short left. People are deluding themselves into thinking there will be a short squeeze, it's unlikely. But that also means that institutional short sellers think that the share is more likely to go up than down now.

soleman1 - Asos said it expects the supply chain issues to ease this year. Not a surprise, but it confirms further a general sentiments that margins will improve again. Which is beneficial for all online retailers, including THG's businesses.

Pokerchips - I explicitly said daily (as in daily chart) in my earlier post. And I explicitly said that one should use not just 1 but several signals... all of which I described, the double-bottom being only one of them.

danl90 - again, charting is NOT just about candlesticks, it's about using a combination of signals. Candlesticks alone are not enough to get sufficiently reliable statistical info.
However, a GOOD chart / technical analysis gives a good gauge of sentiment. So negative sentiment or positive sentiment (as per charts) will give an idea of how long a rise (if any) from good results will last.

Pokerchips
Fair enough, please see here.
https://www.tradingview.com/x/rgL77Djy/

Oxfordbull - typo, sorry. I meant to say in point (2) "If YOU actually spend..."

Monty888 - I would never use candlesticks in isolation, I'd need other signals on top to increase my statistical chances.
And I also use business info and fundamentals on top too.

OxfordBull -
1- as I said, there are many quacks. Anyone can throw a chart at you, it's meaningless if not done rigorously.
2- if I actually spent a small amount of time learning the basics, you will understand how it works and how it DOES give an edge, IF done properly.

Then don't. The ability to understand the most obvious signs in charting can make a massive difference to your ability to make money on the stock market.
- and I do mean the obvious signs. There are many many quacks out there.

I pointed out yesterday that the daily candlestick looked like a bullish harami - the shape changed and we were only borderline after the candle became red, and this look more like a doji (look again on Investopedia for an explanation). However, today's clear rise is a confirmation of the change of momentum to bullish.
The MACD has also gone from red to pink, also announcing a possible (but not strong yet) move to bullishness. But more interestingly, we have clear bullish divergence of the MACD.
And finally, it appears we have formed a double bottom.

https://www.thg.com/financial-calendar/

This article is extraordinarily idiotic by the way. It ignores the fact that short-selling is a short-term action - the theoretical shorting of the FTSE100 since 1984 is a completely nonsensical comparison.
That and this morning's Guardian article re-hashing 1-2 year old public info now makes me genuinely think that there is indeed a concerted media action against THG, although this will be near impossible to prove. The 18 January 2022 results have to speak for themselves.

https://www.standard.co.uk/business/the-hut-group-short-sellers-matt-moulding-enron-hbos-stock-market-b975993.html

Medium position only.
IF the SP does not drop below 182, I'll stay in as we have formed a possible bullish reversal shape (the "bullish harami" - look it up on investopedia .com ). That, combined with the fact that other technical indicators are broadly neutral, that Matt G has probably finished complaining about the mean shorters for a while (every time he does it, the SP drops... like it did yesterday) and that that the results are due 18 January, make it as good a time to buy as any.

Actually, it's not 100% correct.
Cineworld has NOT shown profitability since Covid hit. It only stated that it had been cash-flow positive in October 2021, which is not the same.

This is what everyone's wondering, but nobody can conclusively answer that question unfortunately.

Licker - this UT does matter.
After 16:30, any unprocessed trades that are in the system get reconciled, and the UT amount and value represent those that were not balanced out. So when you have 305,164 shares at 225, well below the median price at close, it means that there 305,164 more shares sold than bought during that narrow post-close period and the average price was 225 per share.
But the story is complicated by the fact that the market stays open again for about 1.5h for select entities, so there can be additional trades placed after the UT is logged.