Member Info for Metamorphosis84

Yep, this might go up today, but when the price of the placing is announced, after hours, well I wouldn't want to be holding these come 8am tomorrow.

Now, this is how you run a business.

If the RI is at an advanced stage, then expect a lot of book runners to be holding this baby.

Does HMG guarantee items held in safety deposit boxes.....

Wow- another junk stock. I guess to invest in this you would have to have equal brain power to the average ITV viewer. Or presenter for that matter.

Been a while since I dropped in here. What happened to that safe as houses juicy dividend that everyone was on about? Oh. Still jam tomorrow?

Big congrats to CEO, I guess the reward for presiding over a company that is forced to suspend share trading is to be given a cushy job as the CEO at the British Olympic Council.

Prediction; the will be no short squeeze.

Why?
Because before Deb went bang- people were predicting a short squeeze.
Before Irv went bang, people insisted that there would be a short squeeze.
Before Clln went bang, you guessed it...

The price might rise, it might rise significantly but that not NOT necessarily mean that a short squeeze has occured.

Genuine short squeezes are very very rare.

You asked.

Dear me what a bore, yeah well I am upbeat on some shares, you just choose to ignore it.
Ok I'll bite and indulge you. BP, I am on record as being upbeat about their prospect.
Now bore off, or at the very least, stay on topic.

Ah the mask slips, Heshopless, just another message board policeman with his sheriff badge demanding that everyone justifies their posting, without adding anything of particular value.

Jackhammers, using KIE as an example, the shorts did wind down significantly around the RI price (in that case 409)

In IRVs case, different, because there was no RI, the shorters started closing at around 12p, weeks before they de listed. By the end, there weren't actually that many shorts open.

In DEB case most shorts stuck out until suspension, although some started to open long positions as a hedge.

You are quite correct, its a battle of will and a game of chicken.

In DEB case

Your city broker friend should not give you false hope.

You claim:
" whilst it remains in administration, and whilst the administrators fail to sell it, so it remains possible that in the event of a turnaround in fortunes, and cutting of the debt, that if the administrators can, at a later stage then manage to sell it for an amount exceeding the debt, that shareholders would still get some payout."

Even if that were the case, you would get nothing.

Because:

"Immediately following our appointment, we sold the Company's shares in Debenhams Group Holdings Limited, as well as certain other active and dormant entities, together constituting the Company's entire interest in the Debenhams group companies ("the Group") to Celine UK Newco I Limited ("Newco"), an entity owned by certain of the Company's secured lenders"

Morning Pearls

Whilst there is discussion to be had then yes it is welcome that this page has not been shut down.

"Could one of you clarify something for me?
If Celine can't sell on the company to anyone, then am I right in believing this theoretically could be positive for us ex shareholders as Celine et co will then be forced to carry on trading the company through the administration, and in the unlikely event they pull off a turnround in DEB's fortunes, and are then able to sell it for a reasonable amount higher than the debts, shareholders would then at last receive some sort of payout?"

No

I guess his bid is never going to be high enough, just audacious like all the possible offers and proposals before all this. No doubt SPD will cry foul. But its not their business to sell.

Daniel, this is one thing that I think we disagreed on, such are the mechanics of pre pack, I never thought that MA had much of a chance of getting his hands on SPD, either before or after it had taken place.
He really did miss his chance by using such maverick tactics, that may wash with some in his business, but certainly not the sort of lenders they were dealing with in this case.

Hope you are ready to be swarmed on for stating the obvious Cloudtrader.

Add Purp to Woodfords misadventures....

I don't have to justify where I post or what I post mate, not to you, not to anyone. Listen to my wisdom, or don't, doesn't matter to me. But don't come on here being provocative and flaming me, only to then demand that I give you tips. That is terribly rude and doesn't reflect well on you.
It seems our paths keep crossing on these battered stocks (your words not mine) so one could question your motives as well. If you have gone long on losing stocks, don't blame me, take responsibility for you own actions.
I might post here again, might not, but don't for a second think that your brow beating will shut me down.

Heshopeless, stop picking losing stocks mate!