Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Good luck Deos.
For me it's not worth tinkering on a day to day basis currently based on my beliefs in the company fundamentals and potential growth and fair value of the company. Despite the FUD in the press about potential shorters currently existing. I think the shorts are wrong, and with only 4% of stock on loan, 96% of the market are obviously long on their THG trade.
But I do understand your risk/reward concerns and you need to look after your mental health whilst trading. We all need to manage our overall risks.
Personally I believe that in a few weeks to 6 months, THG will be over £3.00, and will be over £4 some time in 2022, but I don't know 100% where the share price will go, I don't think anyone here really does, so do what's best for you.
He's saying 4% stock on loan. This is different to what's shown in the short tracker, which only reports on companies holding more than 0.5% short.
Same issue though. It's quite normal for shorters to increase short positions when a share price has increased like THG has over the last couple of weeks. But it doesn't necessarily mean the price will go down. Shorters can be wrong and get massively caught out.
Agreed. We know the publicly reported shorts were 0.69% to 17th November (in the short tab on this page) when the SP was around 180p. Shorts increased their positions to 1.42% around 180p, and for a time the SP did drop to below 170p, but now we are at 228p, so shorts are now underwater on those positions taken out in December and are desperate. They may be able to stir more fear and drive the price down before the Q4 results on the 18th Jan, but if results are as good as we expect them to be, and the share price holds up in the mean-time, could we see a short squeeze happening?
They said more shares on loan than publicly traded, £110m, or 48m shares. Say on average, 10m shares traded per day, and we have 10 trading days to the Q4 update, they need to do some serious work to offload their positions. I guess we could see some major volatility in the SP in the next 2 weeks, or a nice short squeeze fingers crossed.
Agree with both of you. Tree shake of new buyers which entered recently on a couple of very low volume days.
Q4 PUTS/CALLS expire in a couple of days. I'm betting shorts will still want to be closing considering there's now only a couple of weeks until the results.
linkedin post from 11hours ago
"What a year for THG Digital and THG Media. 300% QoQ growth and some excellent new additions to the team to see out the year. Time for a break before we go again in 2022."
Any thoughts on why this has just shown up in my Google search this morning?
US listing???
https://www.wsj.com/market-data/quotes/THGPF/company-people/executive-profile/188444958#
This journalist has definitely been reading our BB! lol
https://www.tradingandinvestmentnews.co.uk/the-hut-group-share-price-rises-over-30-this-week-as-investors-anticipate-move-to-take-british-ecommerce-giant-private-again/
What's the money we see strong growth this afternoon following days of afternoon sell-offs, with the AI Algos trying something different today to try to mess with private investors' minds and suck up more stock.
If the SP drops today, that's fine by me. I strongly believe it will return fast tomorrow or next week, and will continue an upward trend for the next few years, so I'm off to continue decorating my living room now. Cheers.
GLA
There's not long for the shorts to close their positions before more good news and a Q4 update comes. Sentiment is changing for THG. Everyone can see this is a great, undervalued company with absolutely massive growth potential.
Also 5 days of opening higher than the previous close position I see as a sign of significant strength. Combined with high wicks each day shows me that the bots are trying to eat up private investor trades from the last 30+ days where the stock was traded below that price. II's want that stock, but they don't want to push the price down too far through bot trading small amounts of their stock, as they don't want to risk losing too much of their stock in the process.
Reposting my message from the 8th below for new joiners to THG... Enjoy !
8th December 2021 Post
For all those needing some emotional support today, lets go back to our friends from THG again:
(for anyone who's new here or didn't see yesterday - these are exact quotes taken from posts by THG employees on LinkedIn celebrating recent performances over November, Black Friday and Cyber week.)
"This year’s Black Friday was more special for me as it was the first ever Black Friday for Homebase with PHENOMENAL results."
"The very first Black Friday campaigns for Homebase and Bathstore not only delivered, they absolutely smashed expectations out the water! "
"It’s Singles Day 2021 here at THG! Last year, our Beauty Brands Team Asia had a record breaking day and won ‘Team of the Year 2020’! The team already smashed this years targets before the day had even begun & will be celebrating all their efforts next week! "
"An amazing first Black Friday with THG Ingenuity! Congrats to all my fellow fashion team for smashing our target! here’s to the rest of cyber week & many more successful Black Fridays to come!!"
"The end of my first Cyber Week at THG Ingenuity as an E-commerce Trader, and what a week it’s been! After months of hard work, preparation and relationship building, I drove my account to exceed target throughout the entire Cyber period with some record breaking numbers. "
"Well, that’s a wrap… 5th Cyber Weekend with THG completed! Shout out to all of our amazing affiliate teams in Beauty, Own Brand, Health, Ingenuity, Luxury, Consumer, Diet and Glossybox for delivering a record breaking year for the channel!"
"I have learnt so much this weekend, and I am very proud of my team smashing our targets!"
"Happy Friday LinkedIn! THG’s Beauty Squad have been working incredibly hard to ensure we have another record breaking Q4 so we thought it would be a nice opportunity to get together, share our successes, award our weekly nominees with some great prizes & raise a glass in anticipation of the huge Black Friday / Cyber we are are no doubtebly going to have in 2 weeks time!!"
"Black Friday at THG is not just another day. It is the defining moment of our financial year. I am SO PROUD to say that this year we hit RECORD BREAKING sales, new customers, onsite conversion and traffic numbers across our Australian Beauty sites. What a way to wrap up another phenomenal year. Bring on 2022!"
"On Friday THG Beauty joined together to celebrate our stellar performance through November including a record breaking Singles' Day 2021."
"BLACK FRIDAY 2021. What an amazing event celebrating another record breaking trading day"