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@zoros Unfortunately that doesn't work for T212 or I suspect from June, Freetrade. I speak from personal experience, shares lent out despite them being on a limit sell. Looks like no more topping up tiny amounts on a whim for me now :(
(btw I do hope this doesn't turn into another topic whether big holders make snarky comments about naive new investors, we're all believers in this share but have different amounts of spare cash we can invest and that may be why these "free" companies exist, together with the potential for trading - I've been able to pay for a few sausage rolls trading on Greggs shares for eg)
@whitevanman it's "hidden" under "mining company" until you click on it, you need to agree to conditions etc. I'm lucky I had an account when I could use the website to subscribe to a placing previously, can imagine the trouble of adding details if I didn't have one! The app requires way too many clicks.
I did manage to just subscribe to a few hundred quid's worth so it's still open
@Colin1 With the greatest respect, I am not quite sure what the purpose of your posts is.
If they are to moan about the losses you have had so far, and posting makes you feel better, then just be aware you are just going to get lots of opposing views (which might make you feel worse).
If at the back of your mind you need validation that you haven't made the wrong choice, then like others have said, just keep these in your bottom drawer and come back after the PFS, and save yourself some grief.
If you think you've made the wrong choice and regret your investment, again I think just selling and chalking it up to experience would save yourself some grief.
If you're hoping that you're "warning" people off investing in what you think is a scam/fraud/dud then I'm afraid your posts, like others have pointed out, just reflect your buying at (what you think to be) a wrong time, and aren't contributing to overall knowledge about GGP - which I presume is what you would want to be doing, right?
I'm just writing as a fellow investor who is significantly down overall, but am confident in my judgement, and am concerned for your mental well-being - you are only going to get negative replies with your current posts.
@Allonred85 - my trading212 account is now showing 24% of my shares being lent out. It correlates with another poster's previous post re his % of shares being lent out so I'm guessing it's a reflection of the total % of 212's shares being lent out.
(to the others - thanks for recommendations, adding using other brokers now, just not daring to sell my shares with the current news-rich period!)
Redtrader - that was what I thought too, until I saw the % of my shares in Trading212 lent out going up in the last week, it's now at 13.4%. Might well be a small-time trader, but still, someone does appear to be shorting this.
Thanks StarBright, most of my shares are in ISAs with reputable brokers and do regular top-ups there. I had started using trading 212 for small impulsive top-ups that I thought weren't worth the commission fees, though actually with the holding I've built up over time, you may well be right! I'm not worried about my shares being lent out as I do believe in GGP's long-term prospects, though tbh I had never believed in those saying GGP was being massively shorted by some previously - I have other shares that have a much larger % being lent out which I can understand. That's why it was quite strange to see a small % of GGP being lent out for the first time (and I still can't see why people would short it right now). If the % rises and people are interested I can share it - or should I? (i don't want to be accused of being a deramper - esp when a substantial amount of my savings is in here!)
Hi all, first post here from a (small) LTH from pre-newmont days. Most of my shares have been held in various trading platforms (II, etc) but in the past few months I've been using Trading 212 because it's free, and I was spooked by the fall from previous highs, still nursing some losses as I kept buying on the previous rise.
Reason why I've posted is after a recent update the app does actually show the percentage of securities lent out currently - it'd been zero until I checked yesterday. I'd set a limit sell for most of the shares I hold as advised previously by others here, and it seems like it's the most recent buys that I hadn't included in the limit (<1000 shares) that have been lent out, probably insignificant in the grand scheme of things but seems rather interesting.
Not sure what it means (if it does mean anything), just thought I'd put it out there as an observation!