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AFAIC, it's not the short selling itself that is the problem, it's the perceived manipulation that comes with it.
Exactly my thoughts, BFT!
Life's far batter without the nonsense of PP1 and his/her ilkl!!!
The filter is your friend!
Hmmmnnnn! Now I'm interested DestituteBroker - do you know of a good source of info to learn about this??
Could [any large buyer of shares] have any benefit in lending out their shares to a 'friendly' hedge fund, then buy them back, then lend them out again (ad infinitum, potentially). Would this keep the price low while they were doing this. In the end the short position would make people nervous, thus weakening the share price further. At the end of the process, as the seller and buyer would be the same person and disregard all the 'loans'. The [large buyer of shares] has then been able to buy up a large stake in a business at a cut-down price.
Or am I overethinking this??
WoW - I get that that is how it would normally work, but it seems to me that there's something else going on here. You'd only borrow them if you thought the price was going to go down, otherwise you're going to lose lots of money.
I just feel like there's something different going on here. Otherwise, it just doesn't seem to make sense!!
I've no intention of loaning my shares out, I use HL largely because I understand they don't do this.
Since 30-Aug, when there were 3.53% of shares shorted - and Frasers owned 10.4% of BOO - the level of shorts has increased by 3.6% and Frasers ownership has increased by 4.8% to the current 15.2%. This is an increase of 4.8%.
It's almost as if shorters have borrowed shares just to sell to Frasers.
Why would someone do that?? As I mention earlier - is there a big game being played here??
Can shorters loan out the shares that they have borrowed???
Could there be some enormous game being played here??
Is there something going on that no-one has thought of yet??
Surely the only people selling at these levels are the shorters selling their 'borrowed' shares.
I'm sure the shorters are very, very clever people, but when one man (or his business) are building up a stake like this, their chances of buying them back have got to be getting lower and lower and lower.
I'm long here in BOO and have no intention whatsoever of selling.
Ho Hum! They 'obviously' know what they're doing!!
DHL are generally very good at running facilities, though I don't think they have the infrastructure and assets to do the final mile (or perhaps 20 in the US). Their US business is focussed very much on international operations.
It looks to me like they are using the USPS for the deliveries over there - though their reputation leaves an awful lot to be desired!!!
I'd be very excitied that product is leaving the warehouse there and not having to be shipped across the Atlantic.
Shift not shirt!
Freudian slip!
FWIW, boohooman.com and nastygal.com - the two other brands that have been mooted for an early shirt to the USDC - are still showing the 5-8 days option and the more expensive 'express' option.
Slowly, slowly, catchee Big Sales!!
Timing could be everything!
If you look at the shipping options on the prettylittlething.com US website, it has now changed from '5-8 days' for $9.99 to 'Up To 5 Days' for $5.
When you look at the tracking information, it now shows info for the USPS.
Have they started shipping directly from the USA?? Could this be why he suddenly sees additional valu ein the share????
And the shorts went up today - that'll prove to be a bad move!!
Ha! Ha! Ha!
You're not wrong there BB, but sugar goes in to an awful lot of products, and at £950/tonne that's VERY expensive sugar!!
The price of sugar is just about to go up 50%!!
Inflation is far from over!!
Have there been any further notifications about the USDC opening??
My understanding was that is was 'early' in 2023.
Well, in a couple of days we leave 'early' 2023 behind - it must surely be going live soon???
Now THAT'S why I'm invested here - do you not get a sense that this man UNDERSTANDS his market and its place in the world?? And where that world is going?
He doesn't look poorly to me at all!
I'm guessing that this drop has been precipitated by the news of the investigation by the Office of Road & Rail??
I would suspect that much as Motorway Service Area operators, the costs for a business like SSP are generally higher than your 'average' high street. Add that to the requirement to open later than may be commercially sensible (in some cases) and the higher prices are not particularly unjustifiable.
Hopefully, the market will see this!
Shorteurope reckon that the percentage of BOO shares out on loan is now back up to 5.15
That ough to say
Fewer than 3 million sold
More than 5 million bought