The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Two fat ladies again!
Charts said £1.10 :-)
... the fat lady is singing!
Yeah but it’s dropped a fair bit of late, think the Reddit scare helped a bit. I just think NHC completely misread the situation with a monster short after we secured funding to last until end of 2021. I can see this creeping up from here towards opening so NHC will have to move soon or hope for a drop on results, but could coincide with opening :-).
Ref. Elon, he’ll be busy buying Silver while trying to keep folk off the scent on DOGE. Silver is going to pop soon and resupplies selling out fast as a real shortage of physical to cover the paper shorts. Even iShares updated their prospectus to say they may be a shortage and physical is trading at 20-50% premium over the manipulated spot rate. Sprott will also request delivery of $1.6B physical delivery in March which will screw COMEX and Basel III rules by June mean I believe Silver will make GME look like a modest rise!
Sorry update didn’t appear to post?
Thanks, now 5.8% https://shorttracker.co.uk/companies/?sort=2&d=desc
So you shorted 2.84% of 1.372B shares at around 55p. So that’s approx. 38.9M shares, which are now 82p each today :-) so they’ve gone up by 27p since then...or about 50% in simple terms. So you are now 38.9M x £0.27 under-water = £10.52M + the cost of borrowing... ouch!
Are you back IDW?
Buying $PSLV :-)
https://renaissancemen.org/2021/02/02/why-the-silver-longs-and-eric-sprott-can-defeat-the-silver-shorts-an-education-in-4d-chess/
Interesting development as it talks about the current market and Sprott ordering a shed load from COMEX in late Feb, all physical. It’s going to get interesting over the next few weeks...
Hi NOFEAR, interesting article here, not related to CINE but the total rigging of markets...
https://renaissancemen.org/2021/02/02/why-the-silver-longs-and-eric-sprott-can-defeat-the-silver-shorts-an-education-in-4d-chess/amp/?__twitter_impression=true
#silversqueeze
Agreed, original bull flag points to £1.10
*end of April! 60M in 2 months (1st jab of course)
Interesting thing for me on the vaccine is given we are at 600k per day, even with supply being limited, but continually ramped up, you could see us hitting 1M a day by 1st March. If that happens, we’ll all be done in the UK by end of May! All dependent on supply, but I think Boris realise he’s been slow on many decisions so it going balls out to get us all vaccinated way ahead of the ‘official’ schedule!
And ref. The free float, it’s not that much with institutions, Mooky family and Jangho holding a shed load.
No problem and yes fundamentals and vaccine/recovery will drive CINE but NHC look a little daft shorting at 55p and they need a pretty high volume day to buy 39.8M shares lol
wrong again... https://shorttracker.co.uk/company/GB00B15FWH70/
New Holland Capital have a 2.84% short, so how can you say CIne isn’t being shorted?