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What a disaster. Closed at 21.32.

Shorts still have to buy 381,546 shares and that's 1.23 percent of the shares based on shorttracker. Think think is a ridiculous market reaction for a circa 10% drop in revenues, which im sure they can possibly find ways to recover. I suspect this might rise later today gradually when shorts start to close their positions.

Top up time as shorts will also have to close their positions from here. Quality outfit and will recover.

How low will Smith and Nephew go? Surely underperformed the broad markets despite what looks like solid progress and future potential on the face of it.

I wanted the share price to rise, but I suspect that this might drop tomorrow based on a couple of points.
Mexico oil spill payments will take the shine off the profits
Market still doesn't look convinced that strategy to delivery hydro carbons and transforming to green energy

£2.85 sudnal
£2.89 MarkGo
£2.95 zac0-4
£2.99 Sigma1
£3.03 45Bob
£3.05 sb
£3.06 Grezzz
£3.10 emgomg
£3.14 Emerald
£3.15 Rjb92
£3.17 ShareNinja
£3.19 HJMN
£3.20 NSS
£3.24 Android
£3.25 Jeffrey
£3.42 Spights

Don’t understand these engineers wanted to punch holes in the ship they’re sailing in bring it down and themselves along with it. World always looks green and rosy on the other side unless you make that change and the realise that’s not the case.

Agree. Have listened to the conference and think there will be broker upgrades on Centrica in my opinion. Market is responding to extension of price cap beyond 2023 and hence the downward movement. Engineers and their demands have now been put to bed. They can recruit 100 fresh graduates as engineers as they've mentioned and move on, which i think is a wise move. Patience and this will re-rate. Spirit news will come sooner rather than later. Pension issue will get resolved only by June 2022 as per the webcast as there are lots of moving parts. Balance sheet has been largely repaired and Spirit energy sale will make this look even better.

Looks like a very good entry price to get in. Only thing holding me was the short position that was disclosed last week, but doesnt seem to appear subsequently in Shorttracker. Something fishy going on. Will take an initial position if this gets to 180.

I m not a short on Capita and I have burnt my fingers on this one before. But honestly any talk of dividend is a mirage and is not going to happen for another 2-3 years. Numerous assets were already sold off to clear the debt and they are back again with more than 1bn debt. They should first make a profit to sustain the business operations. Learn to crawl, walk before they can run.

Don't understand how volumes sold and bought can be different. It can't be in my simple mind. It's demand supply relationship and value is decreasing because people who bought higher are selling at lower price reducing the overall value of the company. Did i get this right?

Perhaps fevertreeman can throw some light as he advised caution earlier. But staying away for now as 12% short is a very confident bet of share price going down.

This has been on my watchlist and have been thinking of opening a position. Fundamentals look spot on from outside with revenue and profitability growth over the years with dividend payment as well. I'm nervous now after seeing such a large short position and will stay away for now. I suppose some possible negative news to do with Cum-Ex or integration challenges with Liquidnet or possibly they've overpaid for acquiring Liquidnet. Time will tell.

Not sure of the significance or accuracy, but a 12% short was opened Phase 2 partners announced today. Is there something cooking?

Concerns I have picked up from the H1 report are - revenue per customer has come down, travel and other marketing expenses will increase with COVID restrictions being lifted which was circa 17.4 million in 2019. Think shorts are predicting some of these scenarios in their calculations. On the flip side new shares were issued at an average of 11gbp in apr last year. Jason Kingdon spent 1 million purchasing shares at 11 gbp. So there must be value here and plenty of patience. Market would have expected acceleration of sales during the pandemic as most companies are in cost cutting mode but it’s not reflected in prism sales figures as much as investors expected and hence they might have dumped. But this tide will have to change at some point no one knows when of course. They have 311m gbp in confirmed revenue for future years and 96.7m gbp in cash. So, I agree had this been listed across the pond the valuation would be much higher which inevitably might be the path they will take.

I don't think many people would disagree that this is a good price to buy the share. Broader markets have all recovered and this share was lagging quite a bit compared to FTSE 100. Debt might be a playing a big role in share price performance. But I have no doubt long term this share will be a winner. World is moving towards 5G and Vodafone developing their own micro 5G grids will be a game changer. Patience is the key.

Thought 9.17 was a good price to buy and have bought a few last week. Seems the drift downwards has not stopped yet.

I suspect it must a fund reducing or shorts loading. However, given where the company is heading with $27m USD profit in the first quarter, it appears that they've turned around a corner compared to HSX which is yet to make a profit. Not just this share, but i think the specialist insurance sector is overdue a re-rate. Travel and hospitality shares have risen a lot and most of them are loss making and yet to make a profit. Also, this company is surely a M&A target.

That's correct. Here's the link to the article.
https://www.cnbc.com/2021/05/13/colonial-pipeline-paid-ransom-to-hackers-source-says.html

Looks undervalued and has taken a position.