Member Info for Sharebel

The asset sale has to be announced to market as soon as it is agreed likely imho this weekend for Monday as FCA wants certainty I expect and surety so they BOD can’t hold that back obviously. Agreed that completion of the sale will likely be mid-end November but the key point is the agreement and whom & how much. Bidders may even take us over the actual target amount now that would really burn the shorts, shorts! IMHO GLA DYOR

And another buy to add to the list buying in 49.74/5 chunks before 11.30 sellers you are officially being mugged. Market Makers we see you lols does the overseeing authority see you too? Not like this is some obscure O&G stock on AIM under FCA radar. I think they may start behaving now? IMHO GLA DYOR

13-Oct-23 10:36:09 46.6749 106,563 Buy* 45.55 46.80 49.74k O

13-Oct-23 08:09:12 48.0604 103,516 Buy* 46.20 47.95 49.75k O

13-Oct-23 08:08:32 47.95 103,754 Buy* 46.20 47.95 49.75k O

Rab yes I know nothing that’s why I have a lot of money to invest. Not sure I’m going to be schooled by you. I’ve just bought more. I see the needlers are back needling negativity working their tickets in the boiler rooms. Simply encouraging more buying so many thanks. There’s no large sells this sl*t drop bait and switch totally outrageous by the way is being exacted to fill those large orders which must be filled soon! Rumour mill is actually extremely positive as is the projection of profitability here! IMHO GLA DYOR

Rab - amateur the mechanics of this have gone over your head I’m afraid. Actual analysts citing 70-80 short term I’m afraid! The majority equity holder has average of 76 he isn’t here to sell for 30 lol he’s here to double/triple his money like the rest of us so he won’t be wiping out himself! IMHO GLA DYOR

SOME of the potential buyers names are out already whilst they need to conclude the actual sale in final quarter 23 the announcement of agreement has to be very soon to act as underlying surety. Obviously the mechanics of transfer via the asset sale take time but conclude by end of Q4 but bidding from buyers to effect an agreement I expect will be concluded over weekend. Obviously even before they announced on Monday MTRO equity deal the asset sale would’ve been well underway in terms of bidding and potential suitors. So shorts can’t be left exposed to this that imho and others would be disastrous for them as calls to cover/margin calls will come in - hence the constant magic hands on the share price to shake and shake stock. Everyone is holding very much higher than we reside currently and it’s now clearly oversold and undervalued. Take it or leave it but the majority stake owner average is 76 now so he is here like the rest of us to make money. Once asset sale cash is in MTRO free to reinvest it and grow commercial/specialist loan book etc. I think we will do very well and accelerate our growth next year! IMHO GLA DYOR

‘‘The lender also confirmed it was “in discussions” with firms over a sale of up to £3bn of its residential mortgages, which will add to its capital buffers and reduce its risk-weighted assets by up to £1bn.

The business has approached a range of lenders, including Lloyds Banking Group, JP Morgan Chase and NatWest Group, according to reports. It is unclear what bidders would be willing to pay for the portfolio of loans.

Metro Bank expects to complete a sale in the final quarter of this year. The sale is being handled by Morgan Stanley.

The lender said: “The transaction and asset sale will put Metro Bank in a strong position to accelerate earnings growth.”

Is mental is it not - all designed for smoke and mirrors action but reality is there’s chunky buying on this opening treeshake - who’s helping them well just take a look at Level 2 for your answer! I don’t think their gamble is going to pay off the tiny trades are not going to muster up much stock to get them covered whatever algorithm wizardry they conjure up! I fully expect RNS announcement Monday - FCA won’t want this hanging around they I would think want surety and would want it sewn up quickly so on RNS saying deal is agreed and with whom it will go mad here! So a few names circulating already we may have some press suggestions ‘leaks’ over weekend. But this can’t last forever and they will be going into 50’ 60’s today only way to find that volume for starters! IMHO GLA DYOR

13-Oct-23 08:09:12 48.0604 103,516 Buy* 46.20 47.95 49.75k O

13-Oct-23 08:08:32 47.95 103,754 Buy* 46.20 47.95 49.75k O

Rifleman don’t be stupid man. You think the new single equity stake holder is selling up at the price he paid. He was the majority shareholder with average now of 76 so think again with this silly analysis. He’s here to make money and lots of it not lose it. Yes that’s why shorts have been beginning to exit here at 54 lols - you wish 30 you and me both but that’s fantasy land now. Asset sale announcement coming here soon will put a firework up the shorters agenda. How much longer do they have to cover as margin calls will grow louder each day! Analysts marking this at 70-80 short term! IMHO DYOR GLA

What clarity do you mean exactly? The price is being played for sure but time to take advantage as you can see some have made some chunky buys today & past few days including me! Wait for the delayed trades that will come in from yesterday and today. How much lower can they take it before they become overwhelmed by buying and defeat the object it’s a balancing act and one they can’t juggle forever -tick tock time is running out for exposed shorts once news of asset sale conclusion comes they may be caught with their trousers (or shorts) firmly round their ankles! IMHO GLA DYOR

Bless the market makers trying on a tree shake last hour yawn 🥱 like anyone and I mean anyone is going to fall for this it will simply encourage more buying I think I’ll take some more thanks! This is what I can’t abide about shorting and fact market is happy to work in hand with them to appease and try and sway retail from their positions. Not happening and you will feel the squeeze no way they can get even a few percent collected at these paltry low levels. You paid 54 you’ll be paying very much higher to cover! IMHO GLA DYOR

Asset sale announcement of who’s buying tomorrow? Or by Monday I will put money on maybe a few things to tweak over weekend. Once this is done the margin calls grow loud hailer style to cover. As we’ve seen today the Market has not got any volume here as investors now unwilling to part with their positions with such a pathetic price. Shorts paid 54 this week to begin to exit! Millions more borrowed stock outstanding so why would anyone give up theirs to them at these prices? As day closes and into tomorrow the pressure and the push to rake in stock to cover will get very squeezed indeed! IMHO GLA DYOR

It seems they didn’t like my post re them needing to close on impending Asset sale news and have had it removed! There was nothing that could upset anyone apart from them. Edgy getting nervous and not much volume down this low. Yesterday US immediately bumped us up I expect same and another attack on that pivotal 56 region! See some chunky buying even with this tiny volume in competition with shorts. TAKE COVER all you shorts still open! IMHO GLA DYOR

Well look at that US popped 51 back on the Ask and cheap as chips still each day nearer as calls grow louder those shorts won’t cover themselves- all morning I’ve been filling my boots on the ridiculous dips. Thanks sellers IMHO GLA DYOR

Quite a few chunky buys coming through -the endless switching is the only way the market maker can try to extract a few in tandem with the Algos it’s very much smoke and mirrors action. Another big buy trade will be popping up soon. I simply don’t get why anyone would sell and not be buying when dips are presented even the shorts beginning their exits paid 54 yesterday so I’m not about to hand over my position down in these murky lows. Back to 50.10 as I type how many ‘tree shakes’ zzzzz can they get away with before buyers take the MM in hand? IMHO GLA DYOR

10-Oct-23 16:14:48 54.5948 501,181 Unknown* 49.05 49.80 273.62k O

Sellers you’re seriously selling down here when buyers are paying 54.59 have a word with yourselves - a confident ii buy or part of shorts closing either way no way we should be giving away our hands at current price. I’ve bought more! IMHO GLA DYOR

Well once a certain market maker is forced off 51.40 we will be up more than just 3% how much longer before it breaks away. Confidence and confident buying has resumed now I very much doubt even with MM switching constantly that the share price will stay here. We smashed through 56 yesterday 58 previously with no bother. More time passes more pressure builds on shorts exposed to the Asset sale announcement and more brokers will NEED their borrowed stock returned. The calls are out - yesterday a tiny % reduction for one ii short resulted in SP reaching 56 they paid 53-54. The volume can’t and won’t be found anywhere in 40’s that will attract even more buying - now the game is up and the short squeeze begins to tighten. IMHO GLA DYOR

Still remains that shorts in the very near term will need to close before Asset sale confirmation which has to be soon. It may be concluded by weekend so that leaves millions of shares needing to be bought as call margins ring out to cover which will get louder as each day passes - we’ve seen that one has already begun to reduce paying 53-54 but that’s a tiny percentage in reality of what’s still got to be covered - 70-80 is doable in even short term alone but yes, his average isn’t 30 that the naysayers want to quote it’s reality at 70! He’s here to make money so longer term double, triple? IMHO GLA DYOR

10-Oct-23 17:32:07 53.284 246,331 Unknown* 50.30 51.40 131.26k O

10-Oct-23 17:32:07 53.055 229,032 Unknown* 50.30 51.40 121.51k

Well they’ve paid more than me lol. They’re just getting in first I’m not sure they’ve made money. Shorts don’t always win. More to close as margin calls come in. They can’t leave it to the last minute when deal on Asset sale could be announced anytime soon!Millions still need purchasing what a problem they all have! We should open a lot higher! IMHO GLA DYOR

That was definitely a 150k buy checked it out - what is your problem Cyber anyone would think you were short or on a spreadbet here. It’s getting tiresome now. MM trying a wee tree shake into close however after hours auctions I’m sure will tie us into a finish above yesterdays close. IMHO GLA DYOR

Nice to see confidence in that and why price was batted back and forth in that region IMHO GLA DYOR

10-Oct-23 13:42:07 53.0792 282,887 Unknown* 51.70 52.50 150.15k O

I refer you to FigTreeHarry’s post earlier today which hits nail on head! IMHO GLA DYOR

‘Remember the statement

...Metro BOD’s 3bn mortgage Asset sale is In discussions ...

Real reason why shorters HAVE to go buy-back in asap, or be wiped out for good. Cruel as it sounds, margin calls are brutal.

Mr 53% will be 3-4 times richer as a result .

Asset sale news could come anytime‘