Member Info for Rock8

As usual this is primarily traded out of minor CHiX, AQZ and BATS exchanges not LSE

L3 shows 508k Buy side vs 389k sell side but was 1.2m vs 300k up to mid day auction.

The buy side of the L3 book is not low volume.
It's twice the size of any day for months.
There just are not enough sellers.

Looks extremely strong.
Best for months.

Thats more like it.
Buying from US?

I agree but the difficulty is that this the second strong market day and it's not moving much.
What happens on a weak market day?
Amazed that there are no shorts closing or accumulation given the recent Newpaper and social media bid and active investor coverage.

Now 1210 and still going nowhere!
Shorts adding again on low volume
Frustrating

I used to have a L2 account on this platform but as it does not show CHIX, AQX and BATS data it was useless with this share in particular.

The minor exchanges that seem to drive this share price are only shown on L3 (I believe L2 is just LSE). Usually L2 is good enough with FTSE100/250/350 shares but not THG.
You need to see the minor exchanges live - L3

Not convinced the bots tell you much.
I use bots and only trade long.
Bots just get you a good overall price when trading volume.
The shorts tend to pop up will volume on the sell side to stifle any rise.
Given the volume of off book trades and the shorts using the minor exchanges CHIX, AQX and BATS its controlled across these as well as the LSE.
The recorded AT trades on the LSE are just bots both long and short trades (with DMA acess) not really moving the price its the minor exchanges that tend to move the price often to accommodate larger off book and broker pool trades.
Just IMHO

Looking at L2 the shorting continues halting the opening rise at least for now.

I am surprised actually.
Clearly they don’t believe the reports of activist investors buying it.
The percentage on loan must be dangerously high if you were already short?
But adding?
The available free float will be tiny when they need to close.
Absolute lunacy.

Added Friday and certainly looked like it was happening again today.
Absolutely relentless despite second activist shareholder buying in.
Level on loan must be huge?

UNCOOKED ALERT: THG said to ... - Part 19
Loyal readers may have noticed that little old Betaville teamed up with chums from The Sunday Times this weekend to figure out which activist fund had secretly been building a shareholding in THG, the London-listed online retailer that has seen its share price battered since listing a couple of years ago.

Eventually Sam "Sammy" Chambers, the diligent retail hack at The Sunday Times, got to the bottom of it. It is Sparta Capital that has been building a small stake in THG. Below is the link to yesterday's story in case you missed it:

https://www.thetimes.co.uk/article/activist-investors-take-thg-stake-and-pile-pressure-on-matt-moulding-0xh9wtdvm

Sparta Capital was set up by Franck Tuil, the former European fund manager at Elliott Advisers, the most feared activist. Tuil was involved in some the fund's most punchy investments, such as the takeover of Italian football club AC Milan, and investments in Pernod Ricard and Bayer.

One of Sparta's most high profile activist campaigns has been at Wood Group, which is in talks with private equity firm Apollo about a potential takeover offer at a 60pc premium.

Apollo's interest in oil services company Wood Group comes after Tuil warned last year that the company could become a takeover target if it didn't start using cash on its balance sheet to start buying back shares.

Anyway, Tuil versus Matt Moulding, the controversial founder and boss of THG, should be interesting...

Bloomberg are very bearish tonight.
The two of them were salivating about a collapse ahead the futures opening.
They were the same last week.
Their reporting of the Saudi Banker last week started the CS run.
Bloomberg are beginning to lose their impartiality mantra.

Sorry their own!

I don’t play with cryptocurrencies but each to there own.
Gold has worked well recently.
If markets remain as now THG should be good tomorrow given today’s press reports.

Not so sure.
I am more optimistic.
But as ever it’s a tough call

Improving
VIX down 2%
Markets up 0.5 to 1.0%
FTSE100 up 37pts

On Friday the market priced in much worse so I am hopeful at least short term.
Medium/ Long term?