Member Info for Rock8

I already told them that.

Not the smartest.

Check Holy1’s post here at 0935 today

STE on ADVFN is not the same as on LSE.

“I have the daily RSI 14 at 61.212 as of Friday close “

That makes THG a BUY

Just in case you didn’t understand

The daily SOCHRSI 14 is also 19.606 Oversold

I have the daily RSI 14 at 61.212 as of Friday close

From Investing.com as a neutral source.

Sp28

My last nagging doubt on Friday after dismissing the much FUD that started here Thurs night was the Sunday Papers? It’s still possible but if there was a damaging story I doubted it would be circulating at 0830 Friday?

I do dislike Matt as his behaviour is damaging to THGs valuation but hate’s too strong a word to use. I believe THGs low undervalued is because of Matts behaviour but it should be an easy fix EVENTUALLY.

Let’s hope you’re right as I added late Friday as I also couldn’t explain/understand Friday’s 9%+ fall?

Hoping for better things on Monday and a quiet dry Sunday.

Anacottsteel1

Agreed, I don’t think his comments contributed to yesterday’s decline but his behaviour and narrative against the city has greatly contributed to the share price decline from over 800p to 37p since the IPO.

Let’s hope we get a bounce on Monday whatever caused Friday’s fall?

Best way out is an MBO or Take Over as the market is less forgiving of Matts behaviour than either you or me anyway.

IMHO

So you think short positions are increasing again?

Holly’s data was very useful but not sure how it explains yesterday?

Anacottsteel1

Agree yesterday’s Linkedin remarks did not spark the sell off. I said that yesterday.

I don’t have a clear idea what sparked the sell off at 0830 after the initial rise.

Been much speculation and idea’s mentioned on here but none seem to fully explain the sell off? In fact many have been disproved.

Remember Matt’s behaviour is feeding the shorts in the first place.

That’s what needs to change.

Anyway let’s hope there is nothing negative to tomorrow’s papers and that we climb back up on Monday?

Well all need to encourage Matt to curtail his destructive behaviour - Destructive to all shareholders.

That’s my view but you are entitled to your own.

I view Matt’s behaviour as continuing danger to all us shareholders.

I don’t make him do it.

I want him to stop.

Discussing it hear doesn’t feed the negative - He is generating the negative so ignoring it is frankly stupid.

More importantly ignoring it won’t encourage him to stop it!

You are missing the point.

He is continually driving the share price down with his behaviours.

Yorek

Certainly looks that way so far.

No family connections or anything similar mentioned anywhere?

Certainly this board was swamped by short traders from Thursday night.

The Mail write up came out at 1058 am yesterday before the major sell off developed.

The Times was after the close.

Let’s see if there is anything to tomorrow’s Sunday papers but nothing so far to justify fall should help at Monday open?

The Times

“The announcement sent shares of THG, formerly known as The Hut Group, down by 10p, or 9.3 per cent, to 97p last night. “

Doesn’t sound like the reason to send it down 9.3% to me?

Sum’s it up and leads to speculation.

HTTps://www.thisismoney.co.uk/money/markets/article-12323405/Online-retailer-THG-sells-OnDemand-division-ProBikeKit-4m.html

To be fair it does sound like they sold a couple of Turkeys?

Anyone with a long IG a long position will be pleased that they were forced to close.

Next week will reveal all.

Enjoy Saturday and hope there’s nothing negative in the Sunday Newspapers?

Today sadly shows Matt is still a liability.

A wake up call.