Member Info for Stupmy

OK, so you see it as a deliberate attempt to push it out of the 250, in order to get a last push down. You don't see the shorts as pushing down and, as a consequence of that it risks falling from the 250.

I get your logic re there likely being a lack of buying pressure for the moment

Bob/Beamer, anyone interested: So with the declared short being a net position of the entity involed (e.g. Qube or MW), it seems to mean that the short entity could buy shares thereby reducing it's net short position, without reducing the number of shares/other financial instruments that it was selling short? Have I got that right?

If they were long and short at the same time and increased the long position, then the net short would reduce and, without ever reducing their short position, it could become invisible to us? Would there be any advantage to a company doing that?

Why would someone actively want to push it out of the FTSE 250?

Thanks Bob, so it's a net position as stated by Beamer and it relates not just to stock/bonds, but to other instruments used that might have an impact on SP.

Not an easy read, but I think I've got the gist of it. Thanks Beamer also, I've learned something

It's not pineapple, I've not filtered him. He's not offended me at all. I suspect your green box is gjsrg.

You see, you're a physicist at heart. That leaves only me as a true, die hard moron and I'm proud to be that.

Back to the physics again. Go on, admit it you were a physics major!

If it falls back to 220ish, I'll try to buy what I was aiming for yesterday. There's a pretty good chance it will, in my view.

Is that true Beamer? I didn't know that. So short positions on shorttracker are net short positions. If that really is true (I have some doubts), then the net position calculated on on short/long stock positions and not puts and calls etc?

I'm struggling to see how that works with the rules on declaring all longs over 3% and short positions over 0.2% need to be declared to the FCA. In the past when the position exceeds 0.5% it had to be declared to the public (not sure if that's still true).

MOASS!!!!

Yeah, business school is nothing, physics is what you need. I don't mind being a moron to be honest sheltie, particularly if it pays the bills. What I am disapointed about is the fact yesterdays attempt buying failed somehow. It looks like I might have been pretty close in my suggestion that we were about to move to the upside.

pineapple, woodford was regarded for a long time as being pretty special with respect to investing. He got caught out with too many illiquid stocks and lost his investors a lot of money when he had to liquidate at huge losses. He's quite rightly seriously disliked because of that and in hindsight his decision making with respect to those illiquid assets was poor. But think about the mark to market losses forced on those 3 US banks. They also thought they were doing great until they had to sell their 'hold to term' investments at a huge loss. We all make mistakes and although I feel woodford made some poor decisions on risk, for a very long period he wasn't regarded as a 'non-physicist'.

Sheltie, I oten think the same "God help me then!!", almost everything I read is telling me that I shouldn't be succeeding in trading and yet I am. It makes me think that the day can't be far away that I'll come a right old cropper!

Judging from this quote from pineapple "give me someone thats done physics to 3rd or 4th year uni level as the very bottom of the barrel. everyone else is a moron (in terms of this thread)" he's in general agreement with everything/everyone that I read that is telling me I'm not capable of succeeding. He's put me firmly in the 'moron' camp, that also make me think life is going to take a downturn fairly soon!!

A lot of these brokers are very highly educated, bright people paid pretty good salaries and sometimes on bonuses that equal or exceed their salaries. I wouldn't underestimate their intelligence and skills. The disparity presumably comes from different models of risk and potentially, self-interest (they might very well have exposure one way or another; or want more exposure and need time to accumulate it). Also, I wouldn't think of investment banks or hedge funds etc as benign. They own the media and can give a steer with respect to angles on stories. At the end of the day, it's our responsibility to make a decision on what the risks are, where value lies and what the meaning of the broker notes/targets is. It's hard work sifting through all the info and interpreting it correctly.

In fact it looks like my buy into the close did not go through for some reason. Tomorrow's another day!

I maybe anticipated that price move slightly early as it's pulled back in the last minute. Still possible that a move to 260 area is close. Fingers crossed at least as I bought some more just before close.

Tuan6, I suspect you're wrong in your view that the SP will stay here 'for some time'. I suspect a move up to 260 area is about to start. However, no-one can see into the future, so I guess we'll have to wait and see.

Much of the selling will likely have been completed. I don't expect a sudden drop in SP. Doesn't mean there won't be some reaction, but my guess is that it will not be large if it happens.

Yes, I can see that and I don't see anything TA wise that makes me think there's a high probability of sustained falls from here. The opposite in fact, I even wonder whether 300 is around the bottom. I could still easily imagine a drop to 306 and potentially 300, but would be hoping that that would clear out most 'weak hands' (like me I guess) and maybe allow the SP to start a sustained recovery.

To me it sounded like a negative that they were putting a positive spin on. I sold as I had a small profit and was unsure. I'm happy to run with your view though chilting. I'll see where it settles.

Seem to be anticipating some bad newsflow.

Https://www.londonstockexchange.com/news-article/OCDO/update-on-shared-uk-cfcs/16785466

Reducing operations at Erith (Morrisons collaboration), but claiming it's a good thing as they'll expand operations in other parts of their network.

No idea how to interpret this. Others here will certainly be able to.