Member Info for sj1313

smartie; you cant deny that you must be gutted about this one. I sold out at a profit after doubling down at the bottom but seeing the rise today I am!

I have through a negotiated trade and if this pushes through 2p today I’m retiring from the board

Very happy to play with fire. Just bought several bits around the 1.36 mark and I can see this pushing back up to 2. I will make more money today than the whole year!

Smartie I guess all you can do is go more extreme with some nuts idea of share suspension because Debenhams have no problem making the rent payment. Time to pay up Ashley or lose 200 million!

Amazing how one article based on speculation can have share holders hitting the panic button. Good old sky

The sky article is rubbish. The guardian article lays out the facts.

Smarties admin theory could only have worked if they could not make their quarterly rent payment and financial commitments. Every article clearly states they can make the rent payment, pushing the focus back on the share holders meeting where Ashley will put his proposal forward and so will Debenhams in an attempt to win over share holders

The bears on here are worse than the Labour Party spin doctors quoting parts of an article and missing out key bits;

‘Administration if the funding deal is not agreed’ is the guardian article. And the other key point is Debenhams have until the 9th of May to convince share holders to vote for their deal rather Ashley’s. so what share holder would chose to lose all the their shares rather than vote through Ashley’s deal? End result Ashley gets control.

The battle continues. New deadline 9th of may

fair enough meta. This sp spiked from 2.97 past 4p on the news of the 40 million loan a couple of weeks ago and I expect it to do better on news of a 150 million loan

ive got to laugh meta; your argument just went from I cant see a short squeeze to oh yeah I see your point! Ive tracked every sell off on this share since October and every spike

I agree Daniel on the spikes, but then I would because ive made a lot of money out of it, but I disagree that a 150 million refinancing package would be looked at as a tiny piece of good news. The danger for a private investor taking out shorts is that big boys might start to close their positions. I fancy my odds at the bottom up

Daniel to be honest I welcome the negative views. I like to hear the best counter argument and take a balanced view. I do as I said yesterday though genuinely believe administration isn't going to happen, but that's my view and im going to put money behind it

so we are at an historic low on the sp which is holding up despite larger investors pulling out and being one of the most heavily shorted stocks, and this sp has a track record of spikes and that's the odds you give?

I better go and check for martians because ive pulled off the same coupe three times in as many months!

Daniel what would you think to the potential of breaking 5p in the next two weeks? bearing in mind two weeks ago we jumped from 2.97 to 4p in a day?

middle of april is the final deadline. the media have set a series of speculative dates with no substance such as the rent due date. Until the middle of april this sp has the potential to bounce between this range upwards but if you get a major short linked to mike Ashley closing position you are deep water

another question when we talk about what mike Ashley buying Debenhams; if you go to buy a car would you offer the top moeny first? I mean mike Ashley started by offering a 40 million loan, then a 150 million loan which doesn't look like it will get through so how far will it go? good luck bears, going to need it!

smartie, Daniel and meta; I'm impressed how confident you are with the bearish position. With Mike Ashley upping the anti to take control today because the refinancing is imminent its a bold stance to take. Good luck over the next two weeks!

smartie can you not see that Ashley has been controlling this situation for the last 6 months? and you think he will just let 200 million sail away? he now controls the board room, he decides what gets voted through by forming alliances. we wil see but i think you've majorly underestimated how ruthless Ashley is in thinking this will go to administration without him taking the prime assets first

ask yourself this; do you really think mike Ashley, being the ruthless billionaire business man that he is would ever let Debenhams go into administration without securing the prime assets first? we already know he controls the board room after kicking out Cheshire and Sergio. i fancy my odds

I disagree. i think a CVA would pass way before any chance of admin. We've all thrown are cards in the hat and will see over the next few weeks

smartie google cva without administration. its like talking to a moron. Google is great research tool for your share buying deals