Member Info for Stupmy

I'm not short LO. Stated my position reasonably clearly without making a fuss. You're starting to sound like a complete T i t

Now they've removed the new post with SP guesses. What is happening? Am I breaking a rule that I'm unaware of?

I've just had another post where I discussed where I thought the SP might go, removed. What is going on?

You might very well get your wish pmf. I had thought it might try for some upside, but it's not so keen on that for the moment.

I'm not saying at all that Kier is the same as WG, let's be clear on that. But, my point is that hedgies are not normal funds, they don't always expect profit, they often aim to prevent loss. So if there was a change in general market sentiment, those companies with a cloud of flies hanging over them are likely to drop faster than those that smell like roses. Hedge funds underperform in bullish market conditions, but rich folk invest in them knowing that. They do it as a hedge, because nothing lasts forever and when it all turns on you, it's best to have something that might perform well. Just saying, don't simply disregard the shorts. WG is now number 5 most shorted company on the UK markets.

It's not a slam dunk. Shorts have a rationale, we don't have to understand it, but their aim is to either make money or to hedge losses. They are not a typical fund.

Do you remember Keir Group and it's shorting history? Here's a quick AI search on that as a taster. When I first started watching the shorts increasing there, I was skeptical and it took a long time before they moved to good profit, but they did.

Kier Group has faced significant challenges with short positions and share price volatility in recent years. In September 2018, short positions in Kier's shares increased dramatically as hedge funds bet against the contractor2

. This was an early sign of the financial troubles to come. The company's share price experienced a series of sharp declines:

On November 30, 2018, Kier announced a £264m rights issue, causing shares to drop by almost 33%1

.

By December 5, 2018, Kier was demoted from the FTSE 250 Index1

.

On December 10, 2018, shares closed at 376.4p, a 15-year low1

.

By June 14, 2019, shares fell to 130.8p after reports of potential sales of its housebuilding division1

.

On June 17, 2019, the share price fell another 17% to 108p, a level not seen since the company's 1996 flotation1

.

By July 15, 2019, Kier shares were the most 'shorted' on the London Stock Exchange, with shares falling 12.7% to 72.95p1

.

The increased short positions and declining share price were driven by several factors, including:

Failed rights issue in late 20181

Accounting errors and revisions1

Profit warnings and unexpected losses1

Management changes and restructuring efforts1

Concerns about the company's debt levels and financial stability1

Oct, I just tried to watch that. It's very 'soft' and 'nebulous', do you value Starkey's views?

Short data is typically 48-72 h out of date (normally 48h) Knot. At least that's true for the free data that most of us have access to. No reduction reported this morning, suggesting that any change in SP on the 3/4th was unrelated to short closure.

Done.

Not very measured ICE, starting to realise why James isn't a fan of yours.

This run up is almost certainly on hope. The contracts this morning are positive, I accept that. But they'll change nothing for WG immediately. The hope of today will evaporate over the coming days. Newsflow is everything, news outlets are not benign. Any hint of a bad outcome of this review and the SP will fall below 52/53. Don't fall into the trap of believing that this is only one possible outcome here.

I've held a good few as I accept that like everyone else, I can't see into the future. My belief is that over time WG will be fine, but the newsflow could have the price bouncing about

Very good chance of seeing 53 or below in my view. At a complete guess ICE, the shorts will not have changed and they will not be sweating it at all.

That's not what they said in the RNS, but the market appears to favour you view of Rahul's departure. At least it's theoretically structured and not instantly out of the door.

I thought exactly the same thing schleimiel. Looks like good news to me

Thanks for that BD, nothing like a bit of charm on a wednesday afternoon to brighten a day up.

Good volume all day and it's increasing at the moment. Suggests that something real is happening. Could be FOMO, but I suspect something is afoot. POO looking quite good too.

I don't see a resistance at 66. For me the SP is currently at a zone of resistance between 63 and 64.5. Volume is reasonably good. I'd say a close above 64.5 would auger well for long positions.

Oil on a bit of a run, maybe we'll see some upside due to that. I'll probably not add though if we don't see 10.2

I did the same Fang around 209.

That was through barclays. I've completed what I wanted to sell now, but it took a lot of effort. Maybe it's a problem specific to Barc? First sale goes through, then it seems I can't sell again for a few minutes. Weird.