Member Info for Mkx007

Someone is going to be holding a short position that YA are going to "swap" and balance the books. They wont have held the short so 'technically' fine.

That or i'm making stuff up. Probably should go home!

Are we all here for a quick buck and then back to our actual investments. I'm going back to UKOG in time for September

I have a feeling this will be walked up back to last weeks levels, 10% each day.

If you listened to the call yesterday you would know that the board are currently discussing a buy back as the share price is so low. It does mean that it's possible, could just amount to nothing but free capacity of £400m, would buy a massive chunk.

Just my luck this jumps up nearly 20% FML

That is why I still have the other tranche idly waiting. This why was an average down anyway. Bought at 0.149 sold at 0.155, neutral trade. Leaving the other chunk incase it goes crazy, average is 0.8 in that

250 shares :), 7.50 average, sell at 10 minimum, 625 less fees (buying back positions)--> 575.

However I could just leave it until it goes up to previous levels, so 575 is my minimum.

I bought in with some free capital. Currently up £150, so I would say yes. Minus the £40 of trading fees.
I'm expecting it to jump up to £10 before I chuck a stop loss on. There is a class action suit coming in against MW for market manipulation. Should push it up back to previous levels. Broker Jefferies has just issue a buy targeting £24. Go figure :)

Excellent. Hopefully a pleasant 8am tomorrow morning. Good luck everyone.
Back to actual work now. Was fun for the past couple of hours. Ciao all!

Thanks Hardy

What does NT actually mean?

It'll be interesting to see how many people remain on the call after the market closes

This is definitely the day traders closing out. This will retrace tomorrow morning. Happy friday everyone!

I'll correct mine to 22million shares then. Loads to buy!

This accounts for roughly 11million shares.

I sold out to dump in Burford. Still have my other tranche on my other account. Don't worry, I'll be back for more.
201,342 was my trade.

Tweeting away but will they ask a question?? I think that is what everyone is waiting for.

Will it come in??

~800 finish, will open at 900 tomorrow +10% increase back to 1000 would be my guess. RNS's galore

Kinda makes sense to be fair. American guys listed in the US

They can't close the short as the report is technically market manipulation, so they've got to take the hit or try and keep at a neutral gain.
You can't release a report of false claims and misinformation and profit from a short position. Definitely a court case coming.

This is where they say they want to move to the FTSE which would be crazy