The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
The longer this goes on the greater exposed shorts are becoming. Existing contracts getting closer to completion, more time for new contracts to be announced and finance resolved. I'm holding firm adding now and then on any dips, with my average dropping all the time. It will take the time it takes, long-term hold thats my game. Shorters can't hold for ever and once a upward trend takes hold as eventually it will (IMO ) they're going to burn.
Thought we longs were supposed to be concerned about sound expert advice the shorters had, not nudges and winks that are as reliable as Chinese wispers. So within 30 minutes of opening shes up another 5% , my advice to shorters hang in there then sell at 50p 🔥
Despite Helikon being just a few doors down from PFCs London office and all the throngs of city professionals with better information feeding the shorting companies could they have got it wrong?? Oh dear what a shame 🔥 🔥 🔥
I'm glad of the recent short additions before the last move up from around 23p. I hope it hurt them.
Would like to see them hang in for more pain before a panicked mass exit later on around 40p or higher.
Interesting stuff in today's Telegraph about Camerons ties with the UAE, Adnoc and investment in UK companies. Much more interesting than worrying about what shorts are doing. IMO
As a LT holder, I'm buying bigger on dips with an overall accumulate and hold here. Short-term movements nice to see these rises but no rush happy to wait already nearly a month into 2024 in next to no time. The passage of time for shorters watching every movement a different experience I guess. Will the price suddenly move 1, 10, 20 or more and can they hold another day, week month or year?
Spent over 24 hours on flights since Wednesday myself with no Internet and no concern or thought if price now up or down. Checking in to adjust buys effectively myself and looking on here now for overall amusement.
CFD's at somewhere like IG.
The position you take is effectively against an algorithm that's following the market but not even directly linked to it. Hold over night and the price still moves, sometimes wildly after market hours, which triggers sell points to ensure you lose. IMO a totally rigged type of market in favour of the running house that effectively wins more than it loses.
Ii feedback on my question about lending investor shares to shorts funds.
ii response
"I can confirm that it does not offer any form of shorting or anything of a similar ilk. Rest assured your shares are safe from this practice."
Also added some more today and its in the blue, so far lovely.