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The article is not relevant to those that trade Metro shares long or short, the news is already baked in to the price - only an upside surprise or a downside shock on this story will move things in either direction.

It's just lazy reporting.

The shorts are struggling, they're now backed in to a corner - 250 will be seen as the bottom on this when we look back, they increased their position based on potential negative news that didn't happen.

I'm more concerned at how they knew it was coming out rather than the cr@p article from this is money..

8,7,6,5,4,3,2,1 gone

Or

8, 7, 6 fundraise 3,4,5,6,10,20,40

Place your bets...??!

You need to.

The low cost trades aren't looking quite so clever now..

he's spreadbetting with his penny jar, no fees no stamp duty just the spread

Keeping fees to a minimum is a must if the fees equal most of your stake..

You're FOS mate, get over yourself..

Or

https://live.staticflickr.com/3487/4022812485_f4a9f33406_b.jpg

Should change his name by deed poll..

https://www.bloomberg.com/news/articles/2019-09-16/crispin-odey-opens-his-hottest-hedge-fund-to-external-clients?utm_source=twitter&cmpid=socialflow-twitter-business&utm_content=business&utm_medium=social&utm_campaign=socialflow-organic

Chaos theory Jed - you were likely to get one right.

How are TCG and Debs doing, looking at your recent posting history you don't seem to learned much from buying basket cases in the vain hope that they'll turn things around.

Apologies - February was the last confirmed payment.

I haven't got any so can't top up.

Not a chance I'd buy until there is more transparency on the financials - RNS at the end of June and again post AGM in July expecting payment guarantees from ENEO.

Last confirmed payment January, nothing confirmed since.

Loan repayments starting in July c$6m per annum for 4 years.

Stuck gun, litigation, matanda, and salaries on top, I suspect they're burning through the fundraise to pay the bills.

Without a positive update on financials, a pure punt and not investable IMO.

Following me from ADVFN where you've already been proved wrong by the biggest Vog Bull on there.

I'm up on Vog - 3 trades since 12/18 - £6k win, £1k loss, £1.5k win.

Non binding term sheet, and not enough money to make it happen without a further fund raise. Cash burn too high based on optimistic (eneo paying) revenue.

Recent share placing by billy big balls is way below water. Should have listened to me and they would have got it much cheaper.

Aptly named Specul8 - it's a complete punt if you'll excuse the rhyming slang.

9,8,7,6,5,4,3,2,1 gone

Or

9,8, fundraise 4,5,6,10,20,40

Place your bets...??!

More importantly for most on here is where will it be at the End of October, End of the year, sometime next year Yappy ?

You can play with your little penny jar, some of us will average down and make a nice Vase..

Fidelity - ok thanks I'll have a look.

Yes but who are FMR ?? I can't research someone if I can't find them ??!

Cud, FMR and 4 million shares - who are FMR and why have they got 4m shares to dump ???

Agree to a point.

I have a core holding of RBS, Lloyds, Barclays and Metro which I won't sell for months. I'm day trading over and above on those four to reduce my averages.

My worry is a broader market sell off in the states which will drag all of these holdings down more.

Short S&P and long vix again Thursday/yesterday to act as a counterbalance. Therefore generally a good day for 50% of my trades and I top up on the bad trades to average down.

It's maybe worth a try for those that just moan about the day to day fluctuations but do nothing to hedge it ?!

Dropped by to see if my mate Buck was on holiday as I've not had any filtered posts on Metro for a while.

He's right on this one Paul - this is a total basket case as I pointed out to Jedclampet at 20p - months ago.

5p is all you'll get, and that won't be available for much longer.

From the song "look now look all around there's no sign of life"

Interesting bunch, business model different to most of the UK investment houses. 20% performance fee and relatively high charges on their funds. They get it wrong in the same way as all of the others though.

I suspect the last couple of days mischief were largely as a result of these guys increasing their short position by 0.11% on the 28th. They did the same on Premier Oil earlier in the month and managed to help the price to drop from 74 to 65. Premier now trading at just over 80 so it's probably time to step up or ship out on that one.

It will be the same here if we can continue to muster support around the 2.68 level.

Time will tell..

It's straightforward now, broker targets and reiterations on much higher share prices.

Solid floor an understatement.

4 are short, most are long !!!!!!!!

So, the game is pretty much up. It's a buy at these levels and a screaming buy on any weakness.