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Its greta to see some on this Board prepared to challnge the BOD.
Why are we getting RNS which causes share price dips when we get no RNS on new positive news and orders?
I will certainly support any vote of no confidence in the BOD
If the shorts are closing and the private investors hold the stock and continue to hold, we are in for a nice ride.
Anyone care to put forward a robust reason why big Institutions are continuing to short this stock.
I'm concerned that their analyst have picked up something we are all missing.
The amount of shorted stock is huge and this does have the potential to go very rapidly into a short squeeze. With a significanyt % of the stock held by private investors, then if they are prepared to hang on for the iride the price could go silly. However, if the company were to fold then do all their short positions close and the shorters have nothing to return to those they borrowed from, thereby giving them a huge bonus?
As I said -I'm long and trust this is a balanced summary
It appears that currently there have been 7.2M shares traded already today which is significantly up on a usual day.
If the shorts are closing, who is selling up at these prices to provide the volume?
With the price continuiong to drop has there been further shorting of this one?
Smith & Nephew (SN.L) signed a research and development deal with the US Army Institute of Surgical Research.
The Master Cooperative Research and Development Agreement between the two parties will include projects to improve combat casualty care, according to a Wednesday release from the medical technology company.
Normal trading volume declared so far today.
3* trading volume yesterday on results, with price manipulated by the market
No short positions declared.
I'm long in this and continue to do so, but what is going on in the backgroud? In my simple mind the tree is being shaken for the MMs to build up stock by clearing automated stop losses. A share in this size company does not drop 6% on good results unless there is somehting that is known and not yet in the public realm.
I'm hanging in there and rising the wave. Bound to fall off and drown :o(
Just putting this out there for cxomment
The shorters have been unable to drive the price much lower than it is currently, depite thier best efforts.
As a share holder of this and other stocks that are shorted, I find i extremely frustrating that the big money holders can do this.
What about if all us private investors, forgetting the current fundamentals, just started buying. A large number of us buying only small amounts would soon build and cause the price to start rising, and the shorters know that they have to get the stock back at some point. Witht eh huge % of shares shorted on this stock it will only take one of the big players to close their position and things will really start moving up. Its been done before by private invstors so what chances do we have with this one if we can get enough small invstors to start a short squeeze.
Interesting article but it doesn't state time of release today.
As former executives I would like to think that this has no impact on the share price Monday morning
Apologies for all the typos in my last, but it is early sunday morning :o)
Hopefuly they will continue to reduce this week prior to results the follwoing week. If results are good then hopefully we will get a bit of movement back up again.
I appreciate the comments about the company not doing so good, but profit is profit and if you can continue to increase profit, even if on a higher runover with less margin, then in my eyes that is a good thing. Sa here rubbing my wounds this mornign but wont sell as still convinced this will come good, even if we ahve to wait for the Board to appoint a new CEO.
Well unfortuantely the price has continiued to fall since my last post as predicted so Ive only got myslef to blame for hanging onto these shares as a long term investor.
Unless someone can show me some negative news which has been formally posted and Ive missed, then in my opionion one of the following must be happening:
The City is showing its total disregard for the Board members and their support of the CEO
The price is being driven down by big investors / hedge funds to encourage a Take over
The big institutional investors have been made aware of news which is not yet out in public pending the latest Company update
Anyone care to add their views?
I haven't contacted Investor relations again at this point but my pen is poised.
There is something defiantly not right at the top and looking at Director Holdings I am sure many of them will be watching the reduction in their assets very closely and wondering where this is headed, as will many big shareholders. Of course, there is also always the consideration that the Market knows something else and the share price is being manipulated in readiness for that, but I don't think that ever happens and that's probably just a figment of my imagination :o)
Whilst I agree that time needs to be given for a new plan to work, we are now over half way through the proposed programme and the price continues to fall. There will be City analysts who have for more insight into what is going on behind the scenes and I think the large sell off at the end of last month signifies further downward pressure on this share under the current leadership. I am a long term share holder and expressed my concerns to the Board very shortly after the appointment of the CEO. Lets see what happens, but I'm now expecting the price to fall significantly further. If a take over is on the horizon, then any uplift in the share price for an offer is not going to help as an offer of 30% over the current share price would only be circa £12.50/share. Would be interested to hear what other peoples views are on this matter and what they think a reasonable offer price for the share would be if there was a takeover bid.
Now I know why I struggle to make a living from trading. I buy and sell shares in the honest belief that there is nothing unscrupulous going on in the London Stock market. My understanding of todays RNS is that if you don't have naughty people under investigation on the Board, then your stock is worth much less. I now realise that things aren't as clear cut as I thought :o)
Thanks Alas_Smith. Appreciate your input
Can anyone shed some light on the RNS Form 8.3 disclosures today?
Is it a requirement for all significant share holders to provide a RNS when a there is a potential buy out as I can't believe these shares were floating around waiting to be picked up and the RNS have been issued as a result of changes in holdings today. I note that Royal London Asset Management Ltd sold 17,763 shares at 27.2063 yesterday. Am I reading it correctly that someone managed to accumulate those shares at a very good price and started building their holding prior to todays announcement?
Somebody thinks its worth getting in now as double the usual volume today with over 4m shares traded
Anyone shed any light on the 2 x 1M off book trades this evening
Hopefully the big Institutions are realising the potential here and I may just get lucky by holding on and keeping the faith :o)
Can someone please confirm if all the Director buys dated 23rd Aug are part of their remuneration package or are they aware of something coming.
Its incredible to note that the CEO still hasn't dipped his toe and invested some money!
I received an e-mail from the Company Secretary today in response to my e-mails and it read exactly along the same lines.
It would be interesting to know how many responses they have had to send out, if any of the concerns were raised by big institutional holders, and whether they got the same reply or a more detailed response on how things will be moving forward.
Can anyone confirm if the following were buys. I'm particularly interested in the £13M transaction which I think was a buy as it wasn't off book
2022-08-03T15:35:11.093 GBX 1050 1241115 13031707.5 UT XLON
2022-08-03T15:02:49.273 GBX 1045 150000 1567500 Off-Book SINT
2022-08-03T16:07:25.383 GBX 1006.738 148276 1492750.837 Off-Book XOFF
2022-08-03T16:07:54.127 GBX 1037.275 101321 1050977.403 Off-Book XOFF