Member Info for Mando_

STE2000 most of the US Tech stocks don't look good today. Probably all bot trading based on industry and risk.
AMD currently -5.82%
Amazon - 1.92%
MSFT -2.10%
Apple -1.39%

When those low risk companies are down this much today I'm not surprised THG are down 10%.

Personally I'm thinking what is the world coming to when THG is down 10% today and IAG is and TUI are up >10% despite being in huge trouble for years to come most likely...

Some big volumes after the UT according to ADVFN.
1.1m @ 211.93p
103k @ 218.06p
14k @215.649p
42k @221.732p
17.5k @ 223p
10k @ 224p
21k @ 214.786p

@Deos, Fair enough you did well today. Well done and good luck to you. You can now start buying back at your leisure at a nice discount and lower average price.

You also counted for about 1% of the trades today on your own which is not insignificant so if you start buying back you may help us holders with a price rise! ;-)

I'm not selling... :-)

THG.com homepage seems to have been updated again. It looks great.
Their studios are putting out great work.

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.

NW :-)

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.

Huge 995,050 share buy at 15:26!
Shorts closing???

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."

"oh it doesn't show signs of stopping..."
:-)

It also shows up on advfn and bloomberg.
It's probably nothing but I've never seen it before and it came up in a 24 hour search for "thg matt moulding".

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.

If you told me 4 days ago I have a 50p increase in the share price by the close of today, I'd have snapped your hand off.
Off to paint my skirting boards now :-)

@Trenner
I agree. I also think the AI algos want us to think it's a re-run of yesterday so we paper hand and trade them our shares on the cheap