Member Info for ProxLDM

Really? I had no idea he even had a son - But being a politicians son he'll probably randomly start receiving government grants/contracts (Through a fair tender process of course..... Don't get me start on politics, even the green party are out for themselves they're all lying Bastd's the lot of them)

I rarely like to short but If that is so - I'll be looking to short with SIZE.

Speaking from a personal view - I have actually opened a position to essentially short the housing market. I entered the position about 2 weeks ago through a number PUT contracts on certain companies.

Trading in contracts is extremely risky - Huge swings, when i enter a trade like that i essentially write off my investment immediately as cash i no longer have. So I'll only make that trade if I'm comfortably losing everything.

Expiration date mid next year. (Outside of the THG topic but again, I'm only sharing my view on the subject)

That's what these boards are for which is why I use them. I don't need trading advice but multiple heads working together is always better than 1 - Plus we all bring different values to the board.

Like in reality I couldn't care less about shares owned nor will i sieve through the 8.3 forms to calculate it. I trade primarily through fundamentals for companies like this. I rarely day trade anymore (As I don't make no where near the same money) so couldn't care less about charting, support levels, resistance all that.

But there is people here that do enjoy charting, do collect all the 8.3's to calculate position movements. Think of it like a fund. It's very rare there's only 1 analyst working on a trade, there's multiple heads working together to make their decisions. LSE BB's are a small fund.

I can't stand bullies or people full of rubbish only chiming in to bring negativity here.
I'm a realist, I give my view as that. It's not negative, It's just the reality of the market/share, If it's going down short term I'll tell you. But my long term view hasn't changed nor will it change, I couldn't care if the share goes down to £1 again (Great buying range) tomorrow.

I'm here for the big money, not the 10% swing trades.

I agree with all that was said below;

We're in a different market but even in the current market conditions £1.70 is like me going and offering £1M on a house valued £2.5M. Do i think the housing market is going to crash? Sure, it will correct itself as interest rates continue to rise alongside the cost of living but on the flip side - The market isn't there yet, It's creeping there slowly. But it isn't there yet.

Going on history, I know if i buy that house for £2.5M it will take a hit of 500-750K during a crash. But it'll gain the loss back within 1-2 years post recovery.
(Weird analogy but it's what came to my head thinking on the spot)

The shorts have priced in everything for us (I believe) - If i was investing for others, I'd have this within my fund. If you're in now, you're going to make multiples on your £ within the next 5 years.

Holy1 I'd agree also - THG Ingenuity could be what turns this company around from a Free Cash Flow POV. It's going to be our money maker. Were we have to do the least work for our £ as someone pointed out the hiring within Ingenuity a while back, it's aggressive and rapidly expanding.
(This comes with a worry, only a slight one. THG have been known to throw money at things, I think we slightly overpaid for our acquisitions for instance. I don't want THG to be recruiting aggressively without actually knowing what peoples jobs are)

My view, I'm never going to sell this within the next 10 years probably. I'm a way off retiring, It's in my SIPP sitting comfortably. I bought it specifically through my SIPP as this is a solid hold.

Again, I'm scribbling down words like it's a notepad. A messy one.

Yeah around start of Jan - That's what I meant. Thank you for correcting me Hosai

The £8 Share price was wild, I'd of shorted it too (I didn't as I was trading NASDAQ then). No company explodes off the IPO, it's rare.

Very strange way of approach Okehurst1.

88% of ATH - Meaning the company was already within the trading range of it's true value.

THG Fresh IPO, Growth stock aggressively expanding.
Completely different companies.

The £8 IPO price was wild. I don't actually know how that was achieved - Fair play to THG for achieving that.

I'd put THG currently at around the £4-5 fair value, this is on the cheap end too without taking into account future growth and current projections. If you have a finance background and you're sprouting anything less, you probably don't understand finance.

£1.70, £2.50 - All petty offers I'd expect to be accepted if we were sinking. News flash - WE AIN'T!

That £4-5 fair value will continue to increase as THG increases. I'm being realistic here but i seriously think THG will be worth £20B+ come 28'29 if we continue as is. Remember the current MCAP isn't fair value, it's been heavily manipulated down to current levels through aggressive shorting.

Again, this is my view. Your view will be different and that's okay, you trade to your view and I'll trade to mine.

Again I agree - He's been brought in to shelter MM from the City. Which I think in due time we should hopefully see come into effect.

But we see how much of a hard on the media have for THG/MM (Most likely because his political position) alongside that property deal he done for himself. I don't agree with it from a shareholders POV as it only favours him personally ensuring passive income but hey, If i built a £2.2BN Rev company I too would be doing the same.

10K+ employees, Millions in taxes paid to the robbing bastd's HMRC yearly. No matter what MM/THG does will always be overshadowed by a manipulated headline.

Me too Ste - If you don't have personal interest in the company bar a paycheck you shouldn't be there as a director.
I want to know as a shareholder, You're feeling what I feel.

It's following the pattern it has been for the last good few months. Doesn't matter what the wider market does either.
Sad really but nothing we can do but sit and watch.

All we can do is look for possible buy scenarios to bring averages down etc...
I'll look to see how it reacts around the 125-130 mark with buys probably set around the 110 (Probably won't hit it)

Well what do you want me to predict? It to jump out your computer screen and tell you to wise up?

You're emotional, I Know you're probably down in this trade right now. That's okay, Let me get my mystic ball out for you.

I'm sensing hmmmmm..... £4.62 on April 21st 2023.
Lotto numbers are 1, 5, 7, 12, 31, 43

LOL. B1nky..

Do you have BiPolar? Look back through my logs, you'll see I've been right most times..
I thought this wasn't going down either? As i'm an 'Idiot' for calling to short it if you were looking for intraday trades. Again I was right.

You add 0 insight because you know nothing about trading and that's okay, sit on the sidelines and watch the boys play. You might learn a thing or 2. Might save your pension....

I think that would **** a lot of shareholders off me included (Even if i make over 100% on the trade)
I'm not here for a 100% trade, I'm here for multiples.

But being about business, It's honestly what's best for the company. If it was my company, I'd probably do just that whilst also reclaiming shares for myself in the process. Alongside a possible buyback of shares for the company too.

THG aren't looking like they're repeating the previous years aggressive buying, looks more CAPEX focused bettering the business for natural growth as opposed to acquisitions.

Nice find on the new CEO - Like others surprise there was no release on it.
Possibly an RNS stating the split will be going ahead, alongside the new CEO.

This will continue to get walked down daily until further BID news or new financials. Maybe H1 stating a strong start to '22 despite rising prices?

If the split is still going ahead, this will further boost the SP as people will want to get in before the split. (Trading Psychology, weird)

Like I've said in other posts, this is still a buy... I made my last buy at 140.

June 16th is our date that matters, will we see another bid or will it die off? Downside from here is what 5-10% upside is 60-70% on another low ball offer.

I'll be sat in the Caribbean awaiting an RNS.... The missus will have ****ed off me or we're going shopping me.
I have text RNS on for when away - If I'm honest, I don't think a solid bid is coming speaking from experiences in THG.

But on the flip side - The city loves insider trading, why have all the shorts reduced.. Why did they not reduce when we were in the 80/90's? Why are they all reducing now?

My heart is saying nothing is coming but logically speaking from my head. It's got all the signs of something landing to make us all very happy traders - Order book the last 2 weeks has been showing people building sizeable positions in the background.

Was there an auction at the end of day? As in actual Auction? As that kind of volume would of had to been premediated.

You sell for x I'll buy for x - How a UT works. 36M Volume. WTF

Not EOM, Look at the trades after (You can still trade during UT through some brokers) - That's trades made today....

Too big of a drop - It probably hit a lot of SL at 145. Then triggered a sell off, should recoup some of the loss but we will be seeing a few red days....

HOLD TIGHT. On big drops don't be forced to sell if you believe the value is undervalued. Shut the computer off & come back tomorrow.

Again, Selecting 1 item to your favour. Yet ignoring everything else - I've been posting for months here how it's undervalued.

You're angry & stupid. Double wammy, I couldn't care if I never post here again. I add insight for others, my Insight has me sitting on enough £ to not trade at all for the rest of the year.

Calm yourself down, I can tell you're an emotional trader. You understand you can buy trading bots to trade for you.
Stop playing with your pension, go open a trading account to trade micros.

I've stated many of times THG is undervalued because it is. Why are you cherry picking a sentence, go look through my chat log. See for yourself.

IF i use a companies products, I will invest in them too. Where did I say I ignore my own trading principles? No-where.
Again, show me where I said "I only invested here because I use their products"

Come back after you've read my logs. Thanks

I hold a lot of Amazon Shares too?.... Bought more at $2.08K ahead of the stock split on Friday. So yes, I did buy.
As when a stock split happens, going on history again. The shares normally increase by a few %

So that kind of defeats your logic and now, I wouldn't touch Barclays even if it dropped to 5p a share.

POLY - I'm up 6 figures... So that's silly.
EVR - Suspended. But the money I've made in POLY covers EVR and then some....