RE: How many shares are people still holding?9 Jun 2022 12:21
Have to concur with CTC, I've being here long enough to view calamari as slippery but I'm more live and let live than most I suppose. That said I strongly disagree that there's nothing wrong with shorting. Ask certain Micro-asian countries what they think of one George Soros and his shorting antics.
In a sane and fair world investors absolutely should be able to profit from both directions of a given companies share price, or commodity, currency etc but as is; we don't live in a sane and fair world so personally I'm on the side of outlawing or at least severely limiting amounts of leveraged margin available to people even if you can back it up. That includes the rich and vapid.
That said I do agree with Calamari that the unlimited risk of shorting is not for me and I consider myself high risk high reward and that in of itself, if the efficient market theory is to be believed, should act as the correction method for bad/dangerous behavior. Looking at BR I don't know so much. Anyway.
21k in ISA, most the burger flipper has ever owned in it. The long untouched 140 quid trading account is down to 7500 shares due to a derisk early on into the special military operation and moving out recently kinda necessitated a slice and could demand more before the good ship EUA get's righted. Was kinda hoping this would be 8.5pish by now so i could flog 2500 for 200 quid as I could do with the scratch. Ce la vie.
First couple thousand bought in January after talk of Hydrogen focused EUAv2. Then a few rounds of sell and rebuy along with a couple of dip buying during Russo-Ukie conflict and voila. From 28p avg to 13.9p avg for ISA and as ever 0.982p for trading.
I still think the ACF report is the target range, (or rather 80% of that range for divi) due to a myriad of variables like strategic nature of basket of metals, natural scarcity, scale, % of shares held by BOD etc but damn if there's not some holders fatigue setting in over here.
It's amazing how moving out changes one's perspective and priorities lol. Papa need some gosh darn money! Second ever rent in 4 days and I'm looking at 2 credit cards thinking you're gonna pay one another off this month lol. And the gaffer wonders why I'm now chewing him out for a pay rise regularly.
And it's not like I don't deserve it, staff in my place pretty much insist that I cook their food when on break as opposed to the other chefs and I'm the one who consistently gets compliments to chef when I'm on grills. Kinda frustrating when the servers get tips and drinks bought, chefs in pubs get compliments.
Just something to bear in mind the next time you're in local boozer and slip the server a fiver after a good meal, unless you want them and them alone to benefit from it due to stellar service you may want to check if it goes in a jar and also if that jar is for just front of house.
Bit of an industry gripe there, I only get tips at Christmas. Some pubs are better than others. Well that's enough bo ll ox fro