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Narcissistic Walter Mitty Hedge Fund Shorters:-

I must confess I'm rather surprised that other posters on this bulletin board actually believe that a certain individual (he who must not be named) has now invested in IAG.

Let us all not forget the literally thousands of posts that we've all read encouraging other investors to sell their holdings at a loss.

To now pretend that they are now invested is truly laughable.

Looking into my crystal ball I'm seeing posts this afternoon (or tomorrow ) telling tales of having sold their holdings in IAG before the catastrophic (according to Walter) IAG results on Friday.

I for one intend to ignore his nonsensical "advice" entirely.

Good luck and all the best to all long term holders.

Hi Finlay,

It's the date for Bab****'s half year results.

All the best and good luck to all long term holders.

Another one to filter.

At least the prediction now is 142p rather than his previous 99p gem.

If it wasn't so sad to continually post on red days in a company that you've never invested in (and never will) it would be truly laughable.

All the best and good luck to all IAG long term holders.

Narcissistic Personality Disorder:-

A personality disorder characterized by an exaggerated sense of self-importance, a need for admiration, and a lack of empathy for other people.

I must confess I'm slightly confused as to why other posters on this bulletin board engage with certain individuals when by their own admission they aren't invested in IAG and in my opinion they never will be.

Sadly these individuals (we all know who they are) sole purpose in life seems to be attempting to scare private investors out of their share holdings and consequently their hard earn't cash.

One must question their motives if they're not invested, are they shorting? spread bet selling? or simply unpleasant people with nothing better to do?

My advice if you find them as irritating as I do is to filter or ignore them, the worst thing to do is engage with them and give them the attention that they so desperately crave.

All the best and good luck to all long term IAG shareholders.

Morning Roxbury,

My best guess is that it's a combination of MM manipulation and shorting and I agree with Wiscos, the MM's should be held to account.

Due to the uncertainty of a potential RI I think that the MM's and hedge funds will continue shaking the tree and trying to scare PI's out of there holdings until CARD release their trading update in mid January.

My belief is that their won't be a rights issue as CARD are a strong cash generative business that previously paid an excellent dividend, we're only in this position due to Covid.

Roxbury is right, strong and long is the way to go, that's what i intend to do.

All the best and good luck to all long term holders.

Hi Wiscos,

You’re correct in stating that there are no reported short positions on CARD (please see shorttracker.co.uk)

Please note though that hedge funds tend to hide below the 0.5% disclosure threshold that shorttracker now utilises.

On the shorttracker website you’ll find a disclaimer stating :-
“Notice: We no longer track disclosures after they drop below 0.5%. It is possible that the manager still holds a short position even if we are showing it as zero”

If you review the previous disclosures of CARD you’ll find that there are potentially five hedge funds currently shorting, as follows:-

Millennium International Management LP at 0.25% short.
GSA Capital Partners LLP at 0.49% short.
Worldquant LLC at 0.49% short.
Marshall Wace LLP at 0.49% short.
Carmignac Gestion at 0.4% short.

This totals 2.12% of CARD shares potentially being shorted.

I firmly believe that CARD are being shorted, this would explain the illogical SP reduction that we’re seeing which is at odds to the buys far outweighing the current sells of this stock.

I currently hold 121,783 shares in CARD at an average purchase price of 59.59p so I’m currently feeling the discomfort of being in the red. I strongly believe that in 12 months time CARD will be £1 plus, to that end I definitely won’t be selling and letting the hedge fund spivs steal my hard earnt cash.

Hope this all makes sense and many apologies for the essay.

All the best and good luck all long term holders.

I think you'll find that BB lives in a Walter Mitty style fantasy world, I would imagine that he's nice and cosy in his bedsit as we speak, no doubt looking forward to his Fray Bentos Steak & Kidney Pie which he's currently warming through in his Baby Belling Cooker. As a special treat he's having Arctic Roll for his dessert washed down with Irn Bru.