RE: Question No Fear18 Jan 2022 23:15
Dreamachine, to be correct, I actually divested myself of hbr as it wasn't going anywhere and only took a £6k loss as I had previously traded it when it was Pmo and got in on the first rise. Moreover, after cashing £20k profit, I bought them again before the merge when Pmo came down from almost 30p down to 19p. You know very well we all got done up to our noses with the hbr BoD who are not there to please the small pi. I could had easely kept the hbr but decided that enough was enough and sold out. Now, I had followed boo from its glorious share price times and decided that it would make a great trading stock short to medium term only. The reason behind my short/medium interest it's because I only need small movements of 10 to 20p gains as I would be buying a minimum of £90k at a time. With these large amounts, the sitting around for a bigger payout would not be needed as it would be easily in small rises that boo can normally do when the going gets going if you get my drift. It's like those major players that are in and out and still bank big payouts and those are the ones that create volatility in a stock. Anyhow, boo it's not the only fish to poach. I've got deliveroo and others under my watch. Moreover, to answer pipedream, the 67p would only happen if we were to break majorly the 99p resistance which would mostly due to the shorters having borrowed more boo stock. If we pass the 99p, I can only think that the current 4% short has increased to 6.5%. To get to 67p,you would need to increase the short close to 8%. It's really all down to the major shareholders who are happy to screw the pi buy only give themselves a chance to buy more boo at a lower price but also allow the shorts to make a profit leaving the current small pi locked in whilst they get the cake and eat it too. Also, don't forget that there's sell trades positions possibly currently being open and closed using the CFDs and spread betting accounts. These sell trades are open on margin accounts where they can allow massive sell positions with very small deposits as margin. Therefore, there is more going behind the screens and you'll be remembering this last comment of mine from tonight boo chat session. Goodnight.
NoFear. (*__*).
Sign In
Follow the stocks
