Member Info for Stupmy

I forgot that RR, I wasn't trying to bring back bad memories I promise.

It's an interesting world. If you were right, it could have been a test of apetite and buying power for PI's. But, at the end of the day even if it's a possibility, we don't know why it jumped the way it did. You could perhaps view it as indicating

1) nervousness on the part of undeclared shorts

2) money sitting on the sidelines and waiting to enter

3) some kind of test from MM's/funds/Shorters to see how the market lies?

I would love to understand this.

Apologies, wrong board.

Infinity and beyond brigade. Looks like we might not be seeing 500 plus by tea time on Friday.

We're below the 375 I suggested, just have to figure out how much of that rise from the 340 area to 414 area we're going to give up. Would also be interesting to understand what drove the rise. For me it was so rapid that I was happy to believe it was short covering, but if it was, it wasn't the main declared players. It would have had to have been smaller players below 0.5% or not related to Shorts.

Infinity and beyond brigade. Looks like we might not be seeing 500 plus by tea time on Friday.

We're below the 375 I suggested, just have to figure out how much of that rise from the 340 area to 414 area we're going to give up. Would also be interesting to understand what drove the rise. For me it was so rapid that I was happy to believe it was short covering, but if it was, it wasn't the main declared players. It would have had to have been smaller players below 0.5% or not related to Shorts.

I still had this tab open from checking this morning. It was claiming 1.81% at that time. On refreshing, it's claiming 1.81%. No change. I don't know who's right.

https://screenrec.com/share/Z86emj5hPK

TT1981, I filtered him as all that c r ap was just too irritating for me. I guess he thinks it's cool in some way.

Retireguy, I have to say I find it offensive that you say 'end of' as if you've just written something so compelling and deeply 'in the know' that you've put all discussion to bed. Of course what you mean to say is that nothing you know of has changed and that whatever beliefs you had a week or so ago, you still have. You do spout sh ite sometimes.

I agree Kipper, I think director buys are poorly correlated to predicting bottoms in cycles, but I also believe it's a signal to us PI's that at the time of purchasing (presuming a decent sized purchase) that there are no plans for a dilution.

For the shorts, 1.8% sold short is not that large and for the moment, those companies shorting CPI are losing money. But, there must be a rationale and shorts seem to be slowly increasing. The rationales behind shorting by professionals often turn out to be quite complex so I struggle to interpret the importance of the shorts. What I can say is that they don't always make money on the short side. They are taking risks too, although professionals might have better hedging policies in place than a lot of PI's.

To be fair, it's not a good ride. I'm not convinced the pain is over either. But you never know. There's a rising tl support from Feb 13/Mar 1th/today. 3 touches. Maybe it holds and bounces, if it doesn't there are good reasons to believe 13.25 or lower is not unlikely. It's not necessarily directly related to the company. It's what I view as 'market mechanics'/stuff that completes a lot more frequently than it doesn't (black box to me largely, but I have to accept it based on probabilities). I haven't sold any shares, I'm currently at a loss on all positions and have been running profits elsewhere against losses on leveraged trades to gradually bring that side of my risk down. Would happily buy back those leveraged trades though under the right conditions.

A close below 14.5 doesn't look great to me. It would increase the likelihood of us seeing 13.25 or lower again. That'll have KO soiling again.

Shorttracker is not showing any significan treduction in shorts. It's showing 8.1% or therabouts. ShortEurope is showing a small drop and 7.8% when you look at the front page (top 10 shorted in UK) and 8.1% if you look at the detail. Maybe there's been a small drop that hasn't been fully accounted for in the details? Whatever the truth is, it seems to me that there has not yet been a significant change in shorts.

I agree AL75. I think 375 or lower is likely

Melab, I think you'll see 527 or higher, pobably 533-535 at which point it'll make a decision on direction. As long as we don't slide into a terrible recession or something sector/EZJ specific doesn't happen my guess is you'll be ok. At the moment even fuel costs are remaining ok. That's not to say that we couldn't see further falls first though, so might be a stressy time. Also, don't forget 'no-one can see into the future'.

I've been tempted back in around 395. My positions are getting smaller and smaller though. I'm wondering if we'll see 415ish or higher. If this is the start of a short squeeze, it could go a lot higher than that.

It does look good and I imagine it is shorts closing. I wish I understood the rationale behind the increasing shorts over the last few weeks.

I hope I didn't come across too negatively PIW. I've never had the level of confidence that you seem to have for OCADO, in anything at all. I'm always worried about what I don't know. I guess that's just personalities. Having that high level of confidence must make investing/trading low stress I guess. Let's hope you're right

PI W, have you ever had a negative thought about a stock you invest in? You are so much the perma bull. I'm not saying you're wrong and personally I closed out friday so have no current exposure, but I don't ever remember you even coming close to hedging a post with a the downside story?

P a rse! A new one. Cool.

So you think chasing Getir's client list is likely to pay off? Be interesting to know how much they paid for that data