Member Info for MarkBellUK

Marshall Wace LLP 1.17% 0.15% 1 Feb 2023

MW increasing still. I have seen these guys f up royally before..2.47% to be bought back and replaced now.Its a lot of buying momentum combined with buybacks

Here's to the burning

Moneysupermarket.com : HSBC raises target price to 255p from 190p

There is strict governance on what warrants an RNS so they cant do adhoc
This is 100% shorts selling off borrowed stock (that they must rebuy at some point) and may also be in combination with a major shareholder/s reducing (requires RNS)
This drives FEAR into the market and causes PI to sell off for no tangible reason
As difficult as it is dont focus on the SP look at the fundamentals (the chart is to of little use on a newer company although it does show its now oversold)

FACTS
FINANCIAL BRIEF: For the fiscal year ended 30 June 2022, Darktrace PLC revenues increased 46% to $415.5M. Net income totaled $1.5M vs. loss of $145.8M. Revenues reflect Rest of world segment increase of 73% to $103.3M, Europe segment increase of 62% to $100.2M. Net Income reflects Fair value movement on derivative (CLNs decrease from $58M (expense) to $0K, Total interest on financial liabilities decrease from $27.2M (expense) to $0K

Dark has no NET DEBT -£327m so let them drive the price down until they decide to re buy or an offer comes in (FED rate raise may cause £/$ to drop). Either way dont sell on FEAR because the price is getting hammered IMHO

Patience this is a long haul

Fund % short change Date changed
Marshall Wace LLP 1.02% 0.12% 27 Jan 2023
Quintessential Capital Management 0.86% 0.33% 27 Jan 2023

>I just got out of Polymetal with around 20k profit but i was up well over 60k 2 days prior.
Please dont mention POLY im £80k down in my SIPP on it. Ive been lazy and just left it. The missus can have it when im gone ;) Im not even sure whether they will allow it in the SIPP if it moves to KAZA?

>Im finding it hard to value investments

CMC ENQ RCH FXPO - all with stories you know the drill!

Hi Panda

Long time no speak. Hope you are well?

I held MCRO up until the buyout price levelled off about 520 I think. I got out £10k up after been £35k down for year/s!

Bloody thing ;)

>Might be worth a 20k punt on this one given IPO was 250p.

The live volume profile (inc todays drop) since inception stands at a price 356.6 (which includes all SETS RSP and institutions buys)

Darktrace Plc : Morgan Stanley cuts target price to 410p from 425p
* Darktrace Plc : Morgan Stanley raises to overweight from equal-weight

> hence why I do not see this a Short attack myself.

!!!!
Marshall Wace LLP 0.90% 0.09% 20 Jan 2023
Quintessential Capital Management 0.86% 0.33% 27 Jan 2023

THOSE ARE FACTS PUBLIC DATA :-
https://shorttracker.co.uk/company/GB00BNYK8G86/

Nothing I can see as yet:-

Share price forecast in USD
The 9 analysts offering 12 month price targets for Darktrace PLC have a median target of 504.08, with a high estimate of 650.06 and a low estimate of 329.87. The median estimate represents a 100.19% increase from the last price of 251.80.

The increase in short positions also coincidences with those directors buys so it would seem something is a foot

Shorters either piggy backing off the US Tech downturn (which is ridiculous given the Sp is already at its lowest)

OR

They are working in tandem with a bidder to get the price down per offer

Nothing to do with the company this is simply the shorters hitting it:-

Marshall Wace LLP 0.90% 0.09% 20 Jan 2023
Quintessential Capital Management 0.86% 0.33% 27 Jan 2023

One has 250,00 volume sell on the book again today a new other 200,000 volume sell (presumably the new short increase from Quint's)

Technically some kind of support @ 236 but they selling off hard to keep this down (they cant do it for ever)

Held back by Marshall Wallace today. They dropped a 250,000 volume sell @ 250. That got eaten into a little so they removed and placed 250,00 sell back o@ 249.7..they've been doing that all day. Its now on @ 244.4

Directors buys and broker upgrades pushing it up to 270. I smell a short response when it pulls back from there.

FYI Patience..Analysts view

Share price forecast in USD
The 9 analysts offering 12 month price targets for Darktrace PLC have a median target of 500.74, with a high estimate of 645.89 and a low estimate of 328.18. The median estimate represents a 99.34% increase from the last price of 251.20.

The volume is so low its easy for any short institution to keep the price down with little effort. At 3 o'clock yesterday we had a SETS volume of just 6200!

Patience this will turn IMHO

Poker im not using their website; mine updated yesterday excluding todays RBC but thats still above the bottom 205

Its worth noting the LOWEST price of all 12 analysts that cover DOCS is 205

I dont disagree on the over reaction but I dont have strong support until circa 204 and the LOWEST analyst target is just under.

It may never that hit going forward (coming weeks) but im over cautious at present; I'd rather miss out than lose out

Definitely Trek..for my money it should at least be in the 280-300 range

Nothing to do with that its the heavier weighting on the unknown H2 2023