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UT 99.16
good day
Shorts at 6.54% means that the shorters have sold 83m (actually 82,927,200) shares into the market that they need to buy back at some point.
My personal view is that many increased on results day in the hope of eroding confidence and have now been caught out slightly, both with the market reaction and with Marshall Wace reducing. However, that could just be wishful thinking - I'm heavily invested so...
It could also be that they think the next results will be poor, or that they can erode confidence like they did before in between results. It does make it more difficult for them if Wace continues to reduce though
so why does your investment strategy change each day? What is it based on?
eye of bull - you are all over the place on this stock...
March 8 - you want to wait a week and buy for 50p
March 10 - you think it's time to move from TGH to Boo for some gains
March 15 - it's a dog
I don't think the company has changed that much in the few days you've been posting. Does your investment strategy shift with the stock price?
there's also a £2m after hours reported trade at 89.28p
Ennismore Fund Management Limited appeared - increasing to the reportable level of 0.5% yesterday. Lol - they obviously thought it was going to be a bad update.
They got that wrong...
I think on current numbers about £1.35 is fair value.
But more if you expect supply chains to ease and the US to start growing again or price in the US warehouse or Debenhams, or the beauty play having an impact - which I do. But the share is currently priced for another profit warning which didn't materialise, and has suffered from shorting.
Calamari- you said boo wasn’t profitable. It is. Therefore what you said isn’t true. That’s all.
None of that was true!
Zeus Capital have released their research note - they give a conservative valuation of 141p - 80% upside
That’s an okay update - market has priced this share for an awful update but things are as previously guided, still growing, still profitable and still on track. Rest of world return to growth is the good news.
Not much else in there.
Wace reduced again yesterday - down to 1.88%. They were 3.01% on March 1.
I expect they reduced some more today...
The RNS stated that Norges had increased - and had 5.8% (I forget the exact figure but it was similar to the amount they increased by) on loan. It a fairly standard practise - get paid in the short term, but safe in the knowledge your holding will rise in the medium term.
The message about directors going short was pure nonsense though!
There's also around £6m in after hours reported trades including a £3m and a £2m trade. In the past, these £2m and £3m trades have usually corresponded with a short reducing.
Marshall Wace now below 2% - gone from 3.01%, to 2.15%, now 1.97%...
they are somewhat less exposed now than they were last week... unfortunately...
... because he posts negative one liners all the time - with no insight into the company or trading or figures or macro environment or retail sector.... that's probably why... probably...
funny... nothing showing on the news or the web about all the docks being totally shut for 5 days. Weird that... lol
5 DAYS? What?
these messages are soooo ridiculous. Are these people so dumb, they don't know that Boo is profitable?
Jeez... filter in force this morning... it's like whack-a-mole
This is so obvious it’s amusing- doing his research- lol!