Member Info for LWHL

Sorry to hear that. Had plenty of hefty losses myself.

I hope you have not over extended yourself. Especially not to the extent where you actually cannot afford to lose your stock market investments. Better to take some off the table, even if it would be at a loss, if this is the case, IMO. Same if it is causing you sleepless nights. Life is too short as it is.

Anyway, hopefully you (and me and the other holders here!) get the price targets that we seek. GLA.

Try not to let it get to you, TH.

As long as the bullish thesis is the correct one, then at some point, a lot of holders are going to get the chance to book profits (should they so wish).

No idea what the 'top' might be in that event, but IMO it will be a good deal higher than 385p.

In the meantime, and again only IMO, we seem to have a nice little trading range right now.

I just bought back some that I sold, looking to repeat the trick. A few buttons only, but it passes the time :) GLA.

Given the BOD here rejected a 10 quid offer (without notifying shareholders at the time, if memory serves me correct), then barring a catastrophe, I cannot see the big players accepting much, if anything, below that kind of price.

I certainly cannot see a 300% plus premium offer anytime soon either.

Maybe if the next couple of updates are positive...but at that point, one would imagine that any offer would need to be quite material.

But I would be delighted to be surprised on that opinion :) GLA.

Yes, I think so too.

As to the poster asking about this outfit and the risk profile: My advice would be to review the RNS material of the past six months or so. Consider the fairly significant short interest, but also the large shareholder purchases during this same period.

In a nutshell, and only as I see it, the bears believe that the turnaround strategy will fail and a further fund raise will be necessary, in a challenging credit market. Perhaps along with an insufficient offer price for TS, so it either does not get sold, or does so at a price which makes little dent in the debt pile.

The bulls believe that the new strategy will be successful, that FCF will improve, along with profitability and if TS does get sold, it will be at a price that will significantly reduce the debt pile. No future fund raises etc.

The bull thesis is underpinned (IMO) by the aforementioned main shareholders having increased their positions - but time will tell of course.

I am in the latter camp, as you have probably gathered, but I do not dismiss the bear case out of hand either, especially given the macro headwinds.

But as the saying goes, your money, your choice :) GLA.

Given the raise price was 418p, I do not think it is that.

It is more likely to do with investor/trader mentality - round numbers often act as a catalyst for buys and sells, not necessarily based on technical indicators etc.

Nope. We need one well before then realistically.

And an update on developments fairly soon too, I think. GLA.

It is already illegal and should be policed more vigorously.

If the punishments were more severe, then perhaps that would do the trick. Or at least significantly reduce the practice.

I have pondered that scenario myself in the past, but currently it 'feels' to me like the government want to have another avenue outside of the big two.

Which in itself, if this happens to be the case, is not bearish at all. In fact, it might even be a positive scenario from a LTH perspective.

But we have a long way to go yet before entertaining either a t/o scenario, or becoming one of the behomeths of this sector I think it is entirely fair to say :) GLA.

That is an interesting point. I would not have thought that there would be potentially legal reamifications for 'starting' a short squeeze, unless you were to dishonestly ramp a company as part of the pitch to prospective share buyers to achieve this goal, but who knows?

Either way, I thought we might see some resistance around the 4 quid mark and a retest of the 50 DMA.

That big red candle around 11.40am means we might yet return to the 380's again. If so, I will pick up those few that I sold yesterday. If the rest of the week remains good for the wider markets, we will hopefully have another go at breaking, and this time holding, the 50 DMA. Then hopefully onwards to my originally planned exit price! GLA.

Yeah, I still cannot understand how there are not serious consequences for activites like that. 100% short interest should be the maximum allowed. Not that it did not amuse me watching that play out at the time, last year, or whenever it was.

All that said, you still get short squeezes, even with 'normal' short allocations in the UK.

For me, it is the heavy, and seemingly growing, inside holdings here that fascinate me, when compared to the short positions that have not seemed to reduce much at all, even with this.

But I am never complacent about shorts, especially when the position size is so large (by UK standards), hence not loading the boat here personally. Still hope we see a squeeze though :) GLA.

Then start the ball rolling, Turtlehead.

Imagine what effect it might have on the SP if lots of individuals decided to buy/buy more here in eg small 500 share increments?

I would imagine it starts off fairly slow, then gathers momentum, as increasing numbers of people jump on board. Then social media attention grows, more traders join the attack....then even the big shorting institutions start to feel the heat, as we have seen on several occasions across the Pond in the recent past.

Needless to say, I am not suggesting anyone do this, each to their own strategy, DYOR etc, but as a concept, it is one that tickles me :)

Yeah, inflation on the stuff that matters to people is much higher than the headline numbers given, but for the purposes of trading the stock market, this should see us enjoy a strong rise today and for the rest of the week, IMO.

While it is pleasing to see PM prices rise, it has been somewhat dampened for me by reading that the EU seem to have passed European Digital Identity legislation.

Which I understand a number of cyber security experts deem a real risk to personal identity security, contrary to the politician's pitch naturally - although I am sure the EU have some 'experts' of their own who would suggest otherwise.

Another step towards a social credit system that I am sure many western politicians would greatly wish to copy from the East...

The same thought has crossed my mind, too.

Certainly quite a risky strategy for some of those shorts to wait for that update IMO, but time will tell.

I totally forgot about the US CPI print today. Yep. It hit.

Luckily it was only a small amount of the overall allocation, so I still have a few left to run. GLA.

Nor me, and I set a sell limit for 398p earlier today on some of my trading tranche, which has not executed.

We do sometimes get spikes on this one, but I do not see even a 4 quid high at the time of print, so I think you must be mistaken, or looking at the monthly chart by accident perhaps.

If the market believed that deals were a given, there is simply no chance that the SP would be around 5p right now.

Well, you can never say never of course, so let's say 90% probability, if not 100%.

If I thought that deals were a given, I would be a buyer right now.

As it is, I am just holding, because I have not written Iain off yet - but we need an upfront cash deal PDQ. And I do not think that statement requires an 'IMO'.

OK. Before I bought my first tranche here, just short of 13p, I read all the RNS material going back a couple of years.

Then I watched a few of the interviews/presentations etc.

Naturally, since becoming a holder, I have continued to read all further RNS's and other material related to the company.

I have made additional purchases at lower prices since then.

The concerns that I first voiced a number of months ago were valid. But hopefully within the next few weeks will be put to bed. It is not a done deal until it is a done deal. Take nothing for granted.

Only a fool would not regularly examine and revisit the potential bear case for any investment that they made.

If you feel triggered by reading comments that are not exclusively positive, then that is your problem.

And this has now turned into a derail which benefits nobody, so I will leave you to have the last word if you so wish, old chap.

As a gamble on them getting a deal/deals.

Potential multibagger if they do. We know the outcome if they do not.

Oh dear. No need to be snippy. I am comfortable enough in my knowledge base when it comes to this name, thank you, but equally have no need to seek approval or validation as to my investing credentials from fellow chat board posters.

Anyway, GLA. Even you.