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Rock8
Posted in: SDRY.L
Posts: 5,532
Shorts closing on IG Down to 33% with 75% buying today.
Toffers Any more details concerning your renewed optimism concerning positive news next week?
Would have closed above 32.6p on Friday if it hadn’t been tugged down in auction. Likely turn to buy signal on Monday even without positive news?
Interesting but positive news would be better. hTTps://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=SDRY.L
Ignore him. He’s happy with his ignorance. It’s a trade ragg.
Yep been happening all week although tonight it was rather feeble. Assume its traders using the IG trading desk as they have DMA so access to the auction.
Suspect a few stops tripped early on as dipped to 30.8p trading low. So touched support line and bounce?
Yep
Because PI’s are not professional traders and impact illiquid stocks and with so many PIs short they will be very active on all social media/ BBs. I have never seem a PI short so high in the UK.
My IG account They give me the information under market data /market sentiment
IG Private Investors with PFC short positions (the most shorted UK market share) only 14%. Both shares in the same band for IG Client total positions.
….positions back up to 36%. Incredibly high again.
Given the current extremely low volumes traded it’s clear no one is bailing or adding at the moment. We are all awaiting news.
Their holding moves a bit between 1.1% and 0.95% rather erratically since early Feb. Never stays still.
Need something as just drifting down on low volume
HTTps://bnnbreaking.com/finance-nav/a-strategic-move-in-the-fashion-world-ian-james-kellett-spouse-acquire-a-stake-in-superdry-plc
Nothing on sky new
He can bid whatever he wants as long as his position does not rise above 30% prior to bid.
Nice dream. How it’s crashed. How many stores left 200 odd? After current review how many left?
Should calm down waiting for the deal to drop next week assuming no news over weekend? Odds of favourable deal much enhanced IMHO.
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