The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Lol Pokerchips. well done on the screen grabs. I think we're in for a good day on Tuesday!
Agree about the BR/MM battle, but I like him and I think you need people determined to drive their businesses. Bezos, Musk, Jobs all just did what they knew were best for their businesses and ignored most people, despite how crazy and difficult some of their goals seemed to most people at the time.
I think BlackRock are owed some shares back from their reduction in stock 8th December, where they MAY have loaned stock out for shorting, where QUBE increased their short positions from 7th to 15th December. I wouldn't be surprised if QUBE took loan stock from BlackRock and GS and have started giving back now.
10th December QUBE reduced Short position and GS increased their share holdings according to RNS and short tracker.
BlackRock share reduction RNS
https://www.lse.co.uk/rns/THG/tr-1-notification-of-major-holdings-bm3j0mtr5mtc4r3.html
Does everyone else see this message when clicking on user names to see their historical chats.
"Chat is temporarily unavailable, we apologise for any inconvenience caused."
I've not been able to go back on chat history for a long time now. Wondering what's going on...
Just another thought about shorters. It's worth noting that Citadel increased their short positions on ASOS on the 7th Jan and 10th Jan around 2220p. After today's update from ASOS with the price today up 8% at 2440, they have clearly messed up and are being squeezed. Shorts clearly don't always get it right!
https://www.lse.co.uk/ShareShortPositions.asp?shareprice=ASC&share=ASOS
GLA
Asos up 6.5% following their results.
https://www.lse.co.uk/rns/ASC/asos-trading-statement-dbwwn4i2ajfvs49.html
Also moving from AIM to main Market and appointed a new non-exec Director.
Come on THG!!!
Goldman increased their stock holding position 10th Jan
https://www.lse.co.uk/rns/THG/tr-1-notification-of-major-holdings-kfmjlzbbzcx1hae.html
QUBE reduced their short position 10th Jan
https://www.lse.co.uk/ShareShortPositions.asp?shareprice=THG&share=Thg-Plc
Shows investor confidence
I think a number of commenters here have recently taken out short trades based on being influenced by the media and not doing proper research.
Good luck. I think you're going to need it!
I suggest you get out of your trades as soon as you can. Shorts are REDUCING their positions, shown clearly on this very website.
https://www.lse.co.uk/ShareShortPositions.asp?shareprice=THG&share=Thg-Plc
Up we go again now hopefully.
Following an similar pattern to FTSE100 today. FTSE100 started dropping 11am and it looks like it may have hit the bottom 4 mins ago with increased trades now going through green.
GLA
Small volume sell off from day traders profiteering from the lower prices of the last couple of days. Now touching the 200 moving average on the minute charts so expecting/hoping for a reversal now positive and another gap up this afternoon and tomorrow as we get closer to the trading update on Tuesday and shorts try to close.
GLA
Cheers AS1 & Poker
Like I said before. Having worked for major retailers for 18 years and for an Electronics brand for over 7 years, I know just how bad many retailer and supplier etail platforms actually are, despite massive amounts of investment. I truely believe MM has seen this gap in the market and got in first and has been massively forward thinking in his vertical integration strategies with the servers, security to ensure he can't be taken down (e.g. AWS pulling a plug).
Re the correlation vs causation thing, I really started picking up on that more following the great Jordan Peterson/Cathy Newman interview on channel 4 and how he was attacked for pointing out some truths. When you listen to the language used by politicians and the media to spin things it's used so frequently to spin a line. e.g. People in hospital with Covid, rather than people in hospital because of covid (which is currently about only 66% of the reported number)
@Bransonbull
Agree. I may have said before. There is a big difference between Causation and Correlation and the two are often mixed up or mis-used. Shark attacks and Icecream sales both increase at the beach around the same time, but those things correlate. You wouldn't say shark attacks increased after ice-cream sales increased. There is correlation, but the cause of the growth is that its warmer weather.
Same with the press and THG. Repeatedly saying the share price dropped after an investor presentation doesn't mean the investor presentation was the cause. It may just be a correlating factor. I believe it was chosen as the day for the short attack purposely so it could be mis-used to imply it was the cause of the share price drop, to cause more fear and further sell offs from retail investors. I fully believe there was a conspiracy here to push the share price down.
Going down the rabbit hole, it may just be clever investors pushing the price down and making money from the short trades, preparing to also make major profits on the price recovery. But it could be bigger. Ask who is at threat from a UK international etail platform with its own web servers, server security and payment systems that can be used by manufacturers direct, cutting out the middle man between brands and the consumer. The answer is major retail businesses like Walmart and etailers like of Amazon. Personally I fully believe there are a number of businesses and investors which may not want THG to succeed.
Until last year I worked for a major international electronics manufacturer/brand and had a lot to do with selling our products on the branded website, and it was horrific difficult to set up as an e-store and was a hugely loss making business. But the business globally was pushing for the investment and continued setup and push, even at a loss, due to the threat of over-reliance on Amazon for sales and the threat of a dying high street... Ingenuity I believe could be absolutely huge in the future for many many brands.
Remember most of the un-disclosed short positions were taken out prior to some of the drops over the last 3 months, plus at the top of the recent rally over Christmas where the price went up to £2.32, where the market would expect a pull back after such a quick rise in the share price. That pull back has now happened I believe.
We know Cube has reduced their short positions three times in the last 4 weeks.
https://www.lse.co.uk/ShareShortPositions.asp?shareprice=THG&share=Thg-Plc