Member Info for mcsquares

Noggers

Everytime you type you shock me.

Tell me you didn’t pick up the irony in the text.

Also tell me you didn’t pick up another batch of shares sub 1.85.

Thanks Corry

And yes Noggers I firmly believe that the only reason shares fall is because of shorters.

Looks like after 30 years in the business I better look for other reasons for share prices to fall.

Thanks

Noggers if that is your technical investment knowledge level, feel free to believe the short position is less than 0.5%

I won’t try and offer you a gateway to free education

Good luck

Hope I don’t get banned for advertising some other sight. Sign up for ORTEX - free 7 day trial. Data is excellent and will give you a far better insight as to positioning

Noggers - short trackers only report holdings over 0.5%

Joggers don’t make me laugh. No shorts in this share.

Do you do any research or just follow spikes

Last time I checked on ORTEX (spend a few quid rather than trust short tracker) there was 29 million shares out on loan with 95% of those utilised.

Back down to the lower end of the recent trading range. Shorts having another bash this morning as the A trades flood through. Just added more to my trading account for the rebound to £2.20.

Heavily overweight but didn’t think I would see the retrace come back on such light volume.

Break even been brought up slightly but this is definitely worth the investment risk

Good luck

Another chance to add some more

I averaged down significantly following purchases north of £3. My average is now £2.25 following top ups. Comfortable with an overweight position for now given the drop in yields. Likelihood of an end of year rally is definitely increased and as suggested the Algos will reverse as momentum swings. The analyst have this at 9 Buys to 1 sell and the price targets are significantly higher than here.

I don't hold ASOS - I have bought into BOO sub 30p. I will be looking for an exit in that one once short utilisation drops to c50% (hopefully about 40p) - Not a massive fan of retail going into next years recession however the short book and the aggressive nature of Mike Ashley soaking up the freefloat makes it interesting

I have also started buying GBS and IAUP today. Next year is going to be very depressing I fear

As if this morning

13.21% of the free float is available for loan. 95% of that has been leant. Prime broker are charging 6.51% to borrow. The amount of stock available to short is dwindling.

Big MA knows this and is going after it.

For what it’s worth Asos utilisation hit 100% yesterday

All data available on ORTEX

According to ORTEX- - Cwr is the 3rd most extreme short stock after asos and Petrofac and just ahead of Boohoo.

There upside potential ahead of full utilisation of shares available on loan is 220%

Of all the shares available 85% are now lent out.

This mornings bounce again is an indicator of the momentum move. Lagos attempting to take it down again after breaching 230. When that bout of pressure finishes and the US opens blue - the price will rise again

Not as easy to short when shares available for short are nearly fully utilised. Cost to short 4.51%

11.9% of the free float is out on loan.

14.33 million shares shorted

Average days to cover 24

Squeeze on positive momentum will be fun

2million shares shorted this week alone bringing it up to 80m shares shorted

Weaker economic data has driven US yields lower ahead of the Fed announcement later today.

Could get interesting if the Fed doesn't aggrevate the market this evening. Its November and the market loves a good rally into year end. Tonight's commentary could start an equity market rebound and further drive the bond yield sell-off.

Algos will cover

I have opened a position here today after a bit of reading and past RNS

Graphite is/ will be in big demand going forward and this is very early stage but seemingly with decent support and potentially some decent JV opportunities this could be my new GGP. I have a large overweight position in TGR and when I top slice I will add to my position.

Interesting early opportunity

I averaged down significantly at the sub 15p level. I am now sitting in a very nice profit. The sectoral story has changed significantly with Chinas announcement. The commerce and resource war between the US and China will expand rather than resolve, particularly when you look at Nvidia and the ban on chips.

The future looks great here and I will enjoy the ride up. I would like to top slice when the time is right for me (c. 40p -I am heavily overweight following the average down) and diversify into other graphite stocks. The pool is limited I know but a bit of research to be done.

Good luck

Https://www.shorttracker.co.uk/company/JE00BG6L7297/

Todays action suggest a few more shorts were covering.

Momentum shift

Https://www.shorttracker.co.uk/company/JE00BG6L7297/

Shorts marginally reduced

Quant funds are trading momentum. Shooting fish in a barrel in a down market. Momentum will swing back like todays move. Greed always trumps fear as the saying goes. People become numb to bad news and start thinking about making money again.

Momentum shift to the upside once the traditional negative October clears.

Good luck

Good luck to those waiting for the next RNS- liquidity is very tight and the next positive RNS will see us back towards 50p. Could my final tranches this morning. This moved too fast when there is the slightest amount of buy interest.

News has been very positive and a solid base seems to have formed above 30p

Fingers crossed