Member Info for ojogger

Shorts increased again, don't get spooked and buy rather than sell.

Returning to my message about PETS, have a look at the games that had been played with PETS:
https://shorttracker.co.uk/company/GB00BJ62K685/
12 May 2020 — ... Pets at Home Group Plc fell about 7% on Tuesday as it rejected claims by Austin, Texas-based activist short seller Bonitas Research that etc

Bonitas took a short position and then put out the article, which if you look at the dates, they got what they wanted.

And, you may notice a recent jump to 102 for BOO and then quickly down the following day. Once again, in my view a nice little article that there was an interested party looking at a takeover. So the shorters loan the shares talk them up, sell them and then produce news that it wasn't true, nice little profit within a couple of days. I have no problem someone taking a view that the share of a particular company could go down. What I disagree with, is that someone can go short and then spread all sorts of disinformation to bring the share down. BOO has become a vehicle for shorters to play with, this is exactly what was happening with PETS. To me, this is corrupt and any business found guilty of spreading misinformation, in order to profit from the sale or purchase of shares, should be prosecuted for fraud.

I was heavily into PETS, and they were attacked by the shorters, they went to 13% and they brought the price down to below a pound. I stuck with PETS, until I sold @ 250. I am not saying it's the same, but don't let them scare you into selling, just look at the fundamentals. I am holding, as I did with PETS.

Alas_Smith, I think you misunderstood, my msg was directed to someone else, not to you.

Are you an employee of Gatemore?