Member Info for Phoenixy

Valueplay,

All those negatives are known and priced in current share price. Once those issues start getting addressed, it will take no time to get to your so called £9.5 short (surprised you did not say £29!).

Could see 385p today

Not a single post from Valuplay today! Guess he is waiting for a down day to come and reiterate the same old negatives that in my view are getting adressed.

435 more likely than 335 in my view soon

AquarianAge,

Instead of criticising GameStop, one could have joined the bull run and made some money. (I did under $18 and still hold!) Furthermore, how can GameStop go bust, if they hold cash of $1B+ with almost 0 debt. They will short squeeze the hedge funds that are betting against the company's business just like the one from last time that went bankrupt.

Also, a squeeze could get us to 500-600p when it happens with a possibility of gamma squeeze leading it to 1000p+ if it runs for few days...The downside from here is minimal anyway so I will hold for the big squeeze now. GLA!

I have a feeling that we will have some sort of short squeeze in most shorted UK stocks this week or so and that includes OCADO. Word of warning or advise to those who are short here - Make sure to have guaranteed stops! Remember this message when it happens. Good Luck

Need a close near 348p to see some upside tomorrow...ATB! Short play in play

Short squeeze in US most shorted stocks in play currently with GME up 110% today.. keep an eye guys, OCADO could explode to the upside as the 2nd most shorted stock here in UK....ATB to long term holders and F2ck the shorters!!

Close near 350p today will mark the bottom I suppose...

GME Short squeeze in progress as it was one of the most shorted stock in history and is up 40% pre market today in UsA. Could this squeeze spread across to UK with Ocado being the 2nd most shorted stock that could have a massive short squeeze...Anything is a possibility.

Looks like there is a positive RSI divergence on the 5 day RSI so am buying here again as 342p level has been a good support. (May flush now as I have topped up here). In the long term, this will be way higher as the sentiment improves and good news follow suit..M&S -Ocado resolve the payment dispute for eg will get this past 400p easily in a day. But DYOR!

Absolutely, as fund managers across the globe have already started buying European ETFs as they seem to be quite undervalued. How long can the shorters keep the lid on is now the question. Ftse100 getting to hear 9000 this summer looks inevitable after all these years of slow to no growth.

Visit to 342p again..needs to hold else can be nasty

Multiple attempts weakens the resistance and can result in a breakout. Hope we break out this resistance of 375-380p today/tomorrow.

Stumpy,

The spike was just sold off or got shorted gain by 20p. We are almost where we were before the US payroll data.

Nothing new or changes our view if it closes under 350p as has been for quite sometime but would set some panic among shorters if we close much higher.

Pokerchips,

I don't think Ocado cares about what happens in the US...whether it's NFP or job market, Fed's interest rates, inflation whatsoever. Even if Nasdaq moves up 1000 points in 1 week, Ocado will hardly react positively but if nasdaq falls 200 points or so, it reacts by falling 3-5%. Btw, Nasdaq is up almost 700 points and S&P 500 up around 120 points since recent lows, but Ocado is still where it was 2 weeks ago if not lower.(day yet to finish|)

340p could not be broken despite trying for 2 days in a row...looks like support for now. Maybe small up day hopefully today with shorters trying it again next week when markets turn red?

Furthermore, if the takeover or US listing ever happens, the Ocado retail will be very profitable as the cost of investment on robotic arm is mitigated and/or capitalised into balance sheet resulting in less overheads on the retail side of business. This will definitely increase market share as goods become cheaper as we have already seen in the last two quarters. Other supermarkets may struggle to compete with Ocado as they continue to absorb higher costs of labour.