Steve You are right but at least we now have an active investor investigating things. But we need some posiyve news to keep the markets happy. L2 book improving anyway - fairly stable ATM
Not its being held anywhere. Just no buyers and few sellers on L2. Trades that are happening are off book and likely not on LSE but smaller exchanges and broker pools so nothing moving.
I assume everyone here is aware that IG (the biggest PI spreadbetter) have not been taking any more money on THG(long or short) for many weeks anyway (since Trading update) - closing only. Private Investors never move the price either way anyway but at the moment there is absolutely no chance what so ever even if they all got together! Let's of PIs misled by bull.. on these BBs.
Agree but without an RNS confirming contracts this will move on the technicals driven by algos not PIs. PIs don't move the price. The only way this is breaks to the upside is an RNS or other positive media reports. The US markets wont help much short term as drifting sideways ATM. IMHO
Algos will trade the technicals. MA5 is at 60.44p MA10 at 57.66p MA20 at 57.77p MA50 at 56.76p MA100 at 54.29p MA200 at 71.12p If we loose the MA50 this will be taken much lower by the market.
I tend to agree about the imaginary whale. Every BB poster just following MMs story and nothing confirmed. It's all fiction sadly. Hopefully this moves sideways although history is not on our side. Bought back recently and will hold a while until it shows signs of tumbling again. Shame we lost 60p as Friday looked good hitting 63p at close. Technicals not great since yesterday's close.
Absolutely nothing to do with shorts just no one wanted to buy in closing auction despite low volume offered! Clearly no one wants to hold overnight. Market needs a deal confirmed.
He made his money during the first few months after floatation take his shares, salary and importantly his pre-negotiated huge bonus. He is now minted and his shareholders are considerably poorer.
Why should we? Matt Moulding has single handily destroyed the shareholder value in THG whilst making himself and his mates very rich! Absolutely disgusting.