Member Info for shamI89

Basically shorters are providing that buying volume or being forced into closing shorts.I am surprised though as it is really rare to see a sustained rise on these sort of updates.

It is illiquid stock, you have buy backs plus day traders and may be shorters involved here too.So does not take much of stock to swing it either way.

Update was good but not special but share price has risen sharply۔

Than expected to this mediocre update, may be it was heavily shorted and shorters have been forced to buy them shorts back.Lets see how tomorrow goes.

Any buying is being used to dump these shares into market.100 is key resistance here!

I did tell you that wait for three days.Pshychological barrier is 100 and once that is gone, we dont know where it will end.

Things are about to get heated in Middle east again.Nathan Yahu wants to drag whole region into war .Lets see if Trump ditches him as dont think Trump would gamble his presidency for him.

Iran and besides that he cant be trusted with anything.Why would Iran take a deal without any gaurantees?

Not confident with "Middle east crisis" affecting Laundry buisness in France but drops seems over- done.

It is trading in a narrow range and we have large sells appearing over regular intervals.

So it is better to wait for three days.

Is literally free and there no over heads.While Ocado CFC costs about 200-300 million.It is ten times fast and efficient however it is no use if there is no volume and that is why it failed in certain parts of America.Lets see how it pans out.

That system has to be justified as there is not enough volume to back it up why would you want to spend hundreds of millions?

The way I understand is Super market deals with picking and packing and third party aggregators deal with delivery.

Is whether Ocado can compete with third party aggregators like Uber-eats,Just eats and Deliveroo who employ self employed drivers and drivers have their own vehicles and are responsible for their maintenace.

Only reason Uber eats, deliveroo and Just eat make money is because they dont have to employ their drivers and drivers are only paid per delivery.However end customer ends up paying 20% for grocery and food if not more.That option is only suitable to certain people.

Problem with orders placed through third party aggregators like Uber-Eats,Deliveroo and Just eats is Customers have to pay at least 20% more to order through them and most of their delivery drivers make less than National minimum wage.That model is not sustainable.

Company is operating in a very capital intensive competitive industry.So this cycle would countinue.You can always count on Laura's "p&D" but looks like he has run out of mug punters.

It used to be a go to "p&d" for Laura but he snuff out whatever liquidity this share had.

What is stopping company from issuing a new profit-warning.It is surviving on placing for time being.Plenty of these sort of plays on Aim.