Member Info for Stupmy

That's a hell of a swing today. Was watching the rise and was absolutely shocked by the fall. What happened?

Did you also read the posts about Attabotics? Bearing in mind the amount of time it's taking OCDO to turn a profit, the failure of Attabotics seems relevent. Who knows, maybe both news stories are shaking the SP.

How does that solve the product picking side of things. It might interfere with OCADO's 'last mile' initiatives, but can't have any impact on automated basket filling.

Sorry, 14th of the 10th

Yeah, thanks burges. We've now seen 284.8 or so. Not sure if it completes the move to 280-285 that I suggested, but time will tell and the 10th of the 10th is not very far away. Fingers crossed there are only good surprises.

It's touched 285.5 and there are buyers. That could be viewed as the top of a zone of support, but to be honest I see no real sign that the fall is over. I wouldn't like to see it fall below 280 (daily close). If it does at some point soon, it brings much lower numbers into play such as 241 (the low on Apr 7th this year). It can turn quickly as it's very illiquid, so let's hope that 280 area holds as support.

You've got me there jg, I had strong feelings about it dropping to the 305ish level, I thought it quite likely it would drop to 299/301 level and now I suspect 280-285 is also quite likely, but I have less and less conviction at the moment about what's happening. Over time, I think the SP will rise (or I wouldn't have been buying this dip) and we might well see close to 400, but now it's more putting a finger in the wind and guessing, rather than having conviction. I don't think I will lose money, but it's possible. It's my intention to increase my position between 280-285 if we see it.

For the results, I'm hoping they will be at least in-line and that we'll see a relief rally. Only time will tell and no-one can see into the future. There are however ways of using data (TA/charts) to figure out what is more or less likely.

Lorenzo, you can't even read, or don't want to. I'm not short, I'm long. Stated clearly here. I believe in YOU and believe that we're close to a sensible entry point. I'll trade according to that. This bb is a historical record, if you cared you'd simply follow back and see the truth. But you don't care, other than the fact you're failing here. As you're failing, you're lashing out at an alternative view that has been pretty accurate and pretty profitable. What is wrong with you?

You're speaking for yourself, not for others. You are a fool and until you get a grip of yourself, you will continue to lose money. Grow up.

Lorenzo, you're a fool. And it's you who should be keeping quiet. For the moment I've been pretty close to the truth. If you're not interested in reality, you should not be involved in markets. If you're not interested in my views, you should filter me. You've just missed a great opportunity to keep quiet. You absolutely should care. You are here for one thing only, to make money. I'm guessing that's not working out for you, so the fact that my views are going against your hopes is annoying you. Grow up.

Thankyou jg. That's at least the truth. Not what people would like to happen, but the truth. Just deal with what is happening, forget what you think should be happening people. Forget 'Winner', forget those that insult others because they're unsuccessful. Look for the truth.

Unless this closes above 301, then there's a strong chance of us seeing 280-285.

It's often the same Xhita, very difficult to reconcile information from different quarters and make sense of SP movements. Sometimes best to just work on the SP movements and what's more or less likely.

Gotcha Gary, but it's the problem with bb's, full of fools who have no clue at all. Currently there are orderly changes in the size of the declared (>0.5%) nett short positions. The 'nett' bit is also important, those declaring above 0.5% could also be holding longs. A lot of folk on bb's don't understand a lot about shorts. The belief they will suddenly sh it themselves and close because OCDO open a CFC is nonsense. These shorts are carefully worked out positions that make up part of a carefully considered strategy by funds/institutions with a deep pockets. They know what they are doing and most of us do not. Almost 5% of OCADO shorts (nett) suggests that those in the know smell SP weakness. That's all.

Bug ger, forgot the link

https://screenrec.com/share/c7w6DLACnV

That's what I have from short tracker. If you go to their site and hover over the chart (see link, but go to their site for the hovering bit), it seems you're right 5.85% on Sept 17/18th. But if you look at the data in their table it suggests something different, not sure how to reconcile the differences. Overall there's a slight trend to shorts reducing from around May 2024 to now. That's pretty orderly movement and I don't think it's likely have altered the SP a lot. In theory, according the way most people seem to think about shorts, the fact that the SP had fallen over this period demonstrates that the short closing has not increased the SP. You'd need a sudden triggering event if you think you're going to get a short squeeze (or MOASS if you want to get reddit excited about it). These are orderly changes in the short positions declared on OCADO. I don't think it's something to be excited about.

Funny, I accept you did, but it's gone from 4.98 to 4.88. It seems the shorts increased by 0.21% in Sept and have now removed that 0.21% to end even on Sept. You're grasping Gary, but I hope the SP goes up. This level of short adjustments is not going to move the price.

Burges, how does JPM's view of YOU target price tie up with your 900p by tea time next friday?

With respect to shorts, how does the likelihood of shorts closing soon tally with this chart?

https://screenrec.com/share/4mTculA8e2

Why Gary, why do you think the shorts will reduce tomorrow?

I guess that would be the sustained rise that so many are hoping for. Fingers crossed it'll come sometime, but in the meantime, further falls are preferable for me. I have no position still, but would like to build one at the right price.

The money's not that transient, as the market remains high. What it suggests to me is that certain sectors are attracting investment, others less so. EZJ is apparently not attracting sustained investment so it's up and down. I guess over time, as long as it maintains or improves it's performance, EZJ will attract more investment, but it's creating a lot of opportunities for swing traders in the mean time

I think I posted this previously. It shows that Walmart are driving forward with their automation efforts and suggests they are seeing significant cost benefits to the technologies they're using. They're outsourcing the automation to an external company and expect to invest 520 million dollars in development. For their part Symbotic will continue to develop the tech and it will be available exclussively to Walmart for 12 years. I have no idea how Walmart's tech compares to OCADO's, but both companies see this type of tech as driving profits in the future. I guess the fact that Walmart is investing 520 million in continued development means that they thing what they have or will have, will be better or cheaper than OCADO's offering. OCADO has a 12 year window in theory before they have to compete head to head with Walmart's (Symbotica's) tech solution. I assume there are other players trying to take their places in the automated picking fields. Kroger's review seems likely negative in some way to their relationship to OCADO, but Walmart's decision to continue with their own development with susbstantial financial input, maybe suggests that there are no great solutions currently at the right price. Maybe OCADO is too expensive or maybe not good enough. I hope they are good enough as they state in the video I posted previously that they've pretty well done what they can with automated picking.

https://www.grocerydive.com/news/walmart-sells-robotics-business-supply-chain-automation-symbotic/737988/