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Thereal0007, with 4,971,476,010 shares in existence, I can’t believe that one hedge fund with a 0.73 per cent short position can be having that much of a negative effect on our share price, much as they would like to think so. After all, Qube Technologies currently hold a 0.99 per cent short position in EasyJet and it has not hampered their share price.
Thank you thereal0007, I appreciate your thoughts, apologies for my aggression but it was sheer frustration at the end of a very frustrating day. I agree with your calculations, there is not now an analysis website anywhere that is talking down IAG but again I say we know what happened in 2023 and with GLG increasing its short position I can’t help but feel the same movement is going to happen again. I really hope I am wrong.
Thereal0007, you really should stop the forecasting, you are wrong more times than you are right.. As an American you should stick to the markets you know, put your money in American Airlines and enjoy the ride up. As for IAG, if history is anything to go by, the share price was 165 pence on results day and by the 15th March it had dropped to 133 pence. I think we all know where this is going in the next few weeks.
We all know that if we had booked a £3b loss the share price would be well over two hundred pence by now. I now know for certain that no forecasting tool in existence can reliably track the movement of this share price in light of the ‘Millwall effect - No one likes us, we don’t care’
Just to keep a balance Sundezena, it is not inconceivable that the share price may also go down on results day. Just like you, my mum used to tell me these lovely fairy tales before I went to sleep at night.
Even Abdullah Sarwar of Investing Cube has given up following and reviewing IAG. Ten trading days in the last thirteen have been red. When the Grim Reaper Geng posts, you can be certain that lower lows are on their way !!
ARM Holdings revenue for the quarter ending December 31, 2023 was $0.824B, a 13.81% increase year-over-year.
ARM Holdings revenue for the twelve months ending December 31, 2023 was $2.305B, a 12.66% increase year-over-year.
ARM Holdings annual revenue for 2023 was $2.679B, a 0.89% decline from 2022.
If you compare the market cap of Arm with the constituents on the FTSE 100 they would be the third largest ! The difference is Arm chose to list on the NASDAQ rather than the London market. Since listing they have doubled their market cap despite lower revenue than many London constituents. I note also that TUI are planning to ditch their FTSE 250 listing in favour of a single listing in Frankfurt.
Thereal0007, five days ago you were forecasting 163 pence plus, now you forecast sub 140 pence during February. This illustrates to me just how inept these forecasting tools are. No forecasting tool knows on a day to day basis who is buying and who is selling.. these tools simply react to price movement. I respect your greater knowledge in share trading but I’m not sure you are any more informed than the rest of us. For me it’s all just guesswork.