Member Info for PerArduaAdAstra

Well… your comprehensive analysis and sound, logical reasoning has certainly convinced me.

Perhaps that should instruct us, lest there be any doubt, that it really isn’t retail that is driving the share price.

Fair enough. A profit is a profit and that’s all we’re trying to achieve here. If you’re happy with yours, well done and good luck. I don’t want to rain on your parade.

Good luck with that, but I suspect you will end up one outlaw stuck outside. Never mind 15p, you could struggle to get back in for less than you sold.

Of course it’s high risk, Tiger. Equities per se are a high risk asset class, and those not in the top 100 even more so. And there are many strategies one can adopt when investing in them. As for the short positions, I’m sure you can research for yourself why some funds operate the way they do, and short sellers are essential for accurate price discovery. A bearish view is all grist for the mill just as some people are instinctively cynical and others are more positive. But do consider this, there are considerably more shares in the hands of funds and other institutions who are playing the long game than there are short. By several orders of magnitude. I suspect they have their own strategy too.

Effective short selling is an essential skill in every accomplished trader’s skill set. When used indiscriminately, with no logic or strategy, it becomes little more than a tool for those that do know what they are doing to legally and legitimately drain the accounts of the gamblers that do not.

A flat statement that you can acknowledge or dismiss as you see fit.

Why on earth would you want to do that? We just printed a close above the three year high and smashed right through the 100 day moving average during the course of the session. I can understand that perhaps you might think that the price may have gotten ahead of itself, but the time to short would have been if we hit 36.75 and couldn’t punch through it and started to drop. The odds would have been on your side then. As it is, the short may come off for you, but the majority of the indicators suggest that it is unlikely.

The only thing that has been checking the rise recently has been negative news from the Middle East. With things starting to appear to be getting better there even the macro economic situation wouldn’t seem to be working in your favour either.

The trend is your friend, my friend.

Simple equation: Equities are risk off.

IQE’s circumstances have not materially altered. With the Middle East on fire and the Straight of Hormuz blockaded, the market’s perception of risk has fundamentally altered. And not without reason. By definition, equities are a risky asset class. Hence the widespread sell off.

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Oh for goodness’ sake. Whilst most of your spamming is little more than water off a duck’s back (after all, it’s not easy to take the image of a poorly, subordinate male deer too threateningly), your progression from mild irritation to becoming deliberately alarmist does you - or anyone reading for that matter - no favours whatsoever.

As dull and repetitive as your monologues often are, on the whole they have generally fallen within a reasonable spectrum of interpretation as to where the the company currently finds itself. By invoking the spectre of suspension today you are either being deliberately provocative (well done you, I reacted) or, inadvertently revealing your lack of understanding and appreciation for events as they are likely to unfold.

Neither of which do you any favours, imo.

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Good luck to everyone who takes the time to contact their new MP - I wish you well. No doubt each one of those newly bestowed the franchise will be brimming with good intentions, therefore now may well be the most opportune moment for you to strike. However, and as sheps alluded to, it won’t be too long before they will likely find themselves bending to the will of the Tory party machine. As every single new Tory MP had to subscribe to Johnson’s doctrine and intentions in order to first be selected, I shouldn’t imagine it will be too long before the first round of disappointment starts to kicks in. If, despite his years in office, and now serving his fourth leader also, Robert Goodwill can be given the brush-off, I don’t much fancy the chances of your new young tyros putting their necks on the block for Sirius.

I’d like to be wrong.

For the record, despite meeting the Sirius team on multiple occasions - and having enjoyed Sirius’ hospitality on more than one occasion too - this is what Robert Goodwill had to say of the potential for assistance from a Johnson government: “ "I think the answer from the Government is the final answer. I've already been involved; I spoke directly to the Prime Minster on the 2nd of September and I spoke to Treasury Ministers that week. I know the Mayor of Tees Valley, Ben Houchen, has also spoken to Ministers including Jake Berry, who's the Northern Powerhouse Minister.
So we made as many representations as we could, we explored every single angle to bring pressure to bear. It appears that this is something quite unprecedented; not the sort of thing the Treasury would normally do.I think their view is, is that there's a lot of money around the world, looking for a safe house to invest; a lot of big mining companies around the world who are looking for new projects and maybe by going it alone, Sirius have maybe bitten off a little bit more than they can chew and they need to find a big, strong partner to help bring this project to fruition."

Regards,

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No RNS today thank you, because there’s little chance of positive news this morning. Today is a day to bury bad news.

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“Just trying to keep it real.......”
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Good job, Vern...

http://www.youtube.com/watch?v=pfz0tDQZhqs

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They’re not glitches, typos, harbingers of doom, or even particularly strange* for that matter. They were ‘agency cross transactions’ — and whilst I’m not particularly keen to get drawn on the reasons behind the trades, they are nothing more than transactions made by a broker/advisor who happens to act for both the buyer and the seller. I also suspect the initial trade was transactacted in USD - hence the 5.

*as in a peculiar sense.

Regards,

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Good morning, tuckupp. As we both know, there are a many who appreciate your weekly injections of humour here, and I very much doubt that you intend to deliberately cause any real offence. With that in mind, it would be a good thing - and I’m sure appreciated - if you could be rather more circumspect with some of your subject matter. And choosing not to perpetuate tired, old, offensive and racist stereotypes would be a good place to start.

Many thanks,

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Dunno why you’d bother with the trades tab here. It’s invariably lacking detail and of misleads people with inaccurate buy/sell determinations. If you want accurate trade data, why not look on the exchange itself?

http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/exchange-insight/trade-data.html?fourWayKey=GB00B0DG3H29GBGBXSSMM

Regards,

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“Should we be surprised? Not at all. They fu***cked up big time. Fact.”
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Meanwhile... your Damascene moments continue to encourage and inspire.

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“ Large spread indicates MM's reluctant to trade - any trades - they take the 5% - bookies never lose.”
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Whilst Market Maker prices will have a bearing (they are on the order book after all), a large spread in a SETS traded equity will more than likely mean little more than a lack of liquidity. And as far as Sirius is concerned, perhaps that should not be too surprising. In recent terms, yesterday was a pretty high volume day, so it would be reasonable to surmise that perhaps some of the less sticky shares changed hands then. So the spread today simply reflects the amount any buyer is hoping to pay to hoover up Sirius shares , while the offer tells us how much the stickier hands will need to loosen up.

Don’t think MMs are having much input whatsoever personally. Perhaps someone with looking at L2 can tell us who is currently top of the bid & ask?

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“Simple arithmetic will tell you that's 3 trees per second every second till 2040!”
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I’d sorta hope there’d be more than one person on the job, mesen.

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See, KOH - sometimes there’s the perfect time and place for your contempt. And on this occasion it’s good to see you play a blinder.

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“as the EU shackles will have been thrown off.”
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If you could clarify what exactly these shackles might be, how they work, and demonstrate how you perceive that they might currently be holding us back, oh.. and hopefully offer some conjecture outlining how you can realistically conceive things being any different post any Brexit scenario, then, I’d be delighted to read your thoughts.

Failing that, I guess I’ll have to conclude you’re just banging a typically empty anti-EU drum without really knowing much about it. And - as ever with such things - making plenty of noise about it.

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