The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Speaking of numbers: the shorts are currently on 64M (millions) borrowed shares, which might consist of 30M (Chase Nominees Ltd) + 17.1 (HL) + 16.6 (bought Standard LA) = 63.7M and If my theory (imho x 2) is correct Schroder might have another 60M shares after 'possible exchange'
JB, thanks likewise for your posts/information - always a good read.
It seems as corrections (reversals) of the original trade: Oct 7 2019, 10:16 197.83 396,986 Sell 785,349.46
-220,441=-396,986+112,335+64,210 but it's not clear what is the result of corrective trades.
Good morning Falkland. What if you lose 10M shares again as that happened on 20/08? Just got under 190 p and someone took the big chank from your stomach. And it took more than a month for 'the city boys' to recover and start the next attempt. As you often said - 'be careful', friend.
Good evening Redceo, I still believe in that theory. My guess is that there were two unsuccessful attempts of the (assumed) exchange - in June and in August. The shorts %% is up again - I guess we might witness the third attempt shortly. IMHO-IMHO
Good morning Falkland,
In my opinion, you have skin dense enough to withstand the assault rifle' bullets for a couple of hours and you are complaining about mere complains.
Dazzag, I am not trying to be a 'devil's advocate' here but Falkland might be (eventually) correct.
The current shorts ~48M shares, the volume strangely (enough) close to the sum of 30M 'Pensioners' (presumably holding in favour of JPM company) + 17M LH ~ 47M
IMHO (!) - potentially, another (last?) settlement between BR and Schroders at low SP - "strike/Brexit/etc" is a smokescreen (IMHO).
There is a possibility that the 'assumed' exchange might not happen because of the monetary markets changed rapidly and as the exchange in August had not happened because the shorts were (my speculation) screwed 20/08 for 10M shares, the same kind of surprises might be well expected now.
Many thanks, Fruitster
Good morning Falkland,
What is going on @ FTSE if you have any info?
US indices compete with RMG today - so far they are winning as a team but we are ahead in singles.
https://uk.finance.yahoo.com/world-indices
Redceo,
I sold 1/10 of holding before the current attack. Buying by two-three lots daily 1.5K - 2K shares each. The current attack is lighter than those we already survived but nonetheless persistent.
Falkland, the second attempt?
Share Price: 200.00 Bid: 205.00 Ask: 189.00 Change: -5.40 (-2.63%)
Yesterday it was all Trump's interference!
Good morning Falkland,
It seems that you already irritated people at the place, where you have been yesterday and had the 'lovely morning' and they kicked you out?
The shorts 'rationing' their sales (supply).
As I see the current state: shorts got down SP, staying @~202 with no tangible intent to go deeper and limited automatic trades. When you buy - they meet your buy but with a 'sticky' response and if there is no enough supply to meet demand.
Today's play: Moses parting the Red Sea (the shorts's vision/version)
Falkland, you can not get sub 205 stably enough ;-)
Falkland,
You frighten me - you who are so gifted to be a SP oracle but engaging in words twisting around. Some thing going south in your life, friend?
BTW that kind manipulation drove me mad in the past - I noticed more than few times when making few consecutive buys with a substantial number of shares - SP went down anyway.
Redceo,
Judging by today's troll activity we might see anything...
Low volume for half of the day = 600K traded shares, flat ~@208.5
As if waiting for something, imho
And yourself