RE: Foxykiwi re shorts in control23 Jan 2019 16:20
SS - I agree entirely with your posting - I warned last June that a meltdown in SPs was coming as early as October and I sold all my shares and stayed in cash till this January, I was doing very well on day trading until I got into MTRO today at £5 - warning bells were ringing but I thought that 30% down would lead to a dead cat bounce ! Stupid boy Pike ! With so few shares in free trading the shorters have a paradise to work their evil trade and unless the BOD can inject a "good news" RNS tomorrow I feel that the slide down will continue.
I would love to be wrong and see the SP back above £5 soon but IMO MTRO is a zombie at the mo
Regards