Member Info for Synycom

Stockdale. Yes, of interest as they have crossed the3% EU Transparency Diprective and both are now subject to FSAP. So I can't think they would have done this good reason. That's why before they sat at 2.99%,

Looks like UBS the market maker have recently increased their stake from 2.99 % to 3.07 %. UBS has previously held a view Qatar would consider larger stake or full takeover.

It is an absolute certainty the divi will be cut. At its current SP the div yield is just unsustainably high. It is very likely that only some dividend reduction has been priced in. The issue for dividend is by HOW much it will be reduced, the degree of future cash cover which is a function of retained profit and then thirdly a probably most key is what is the strategy going forward and how costly to support it. My best guess is anything more than a 25% div cut will reduce share price. Rather perversely if div no cut city will take the view this isn't sustainable and will cut SP because they will think to keep it at unsustainable levels is just bad cash management.

Not so funny for the Tesco holders Tesco confirms delivery of Gulfstream jet worth £30m

Wasn't challenging just asking as you were specific about shorters being back late morning which made me think you had access to info I could not get. Having more shorters in at a time the price has fallen so steeply would have been a very very negative sign. Ordinary sellers of stock is quite different. But as you have now explained you didn't in fact know.

Stockdale. Can you enlighten me. You say shorters were back late morning. I can't see any change to the publically declared end of day short positions...... Except Sainsbury now no longer has the dubious position of being the most shorted stock

The fact is the press and british public love having someone to give a good kicking to. Big retailers look like the present target now that the old bankerster story is stale. Nothing better as well than having a target that everyone will have an opinion on. I have lost a lot of money on this stock but I believe in the long term it will survive although there will be consolidation somewhere probably morrisons. The latest view from all analysts is: Eight research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the company. J Sainsbury plc has a consensus rating of Hold and an average price target of GBX 307.08 ($4.99)........hold tight I think within 6 months we will be back to 300p

Thanks didn't realise that.

Yep nothing would surprise me now

Folks have just double checked the LSE website against this one. Look at the last trade of the day a big one done at about 10p more than what's quoted i.e. 234p. LSE say its a negotiated trade.

About time the Qataries took these shorties out. Amazingly Pelham Long Short Interest investment fund has had a short position on Sainsbury for a long, long time.

JJSS yes, i would probably have agreed with you were in not for the fact I literally trawled through hundreds of pages of share dealing. There were hundreds of small trades at 523 shares or as I say combined making 523. That in itself is very strange when matching the share price movement over that period it went down quite a bit. I could not find one very large trade today?! Perhaps I should contact LSE for comment? ....probably being paranoid :)

Have been looking on LSE site to view SBRY share dealings. Interesting that between about 9am and 10 am a lot of small individuals trades going through for 523 shares or combinations of shares that added up to 523 shares. Is this a brokers way or hedge fund of (assuming here as price plummeting) of firing into the SETS computer many small sell trades of 523 to get SETS to think lots of sells taking place so it automatically reduces price down creating a domino effect. The hedge shorters can then move in to buy back stock at what is an artificially low price. Any views from posters?!

I have to say other than the tremendous pressure the short are putting on SP I am at a loss as to the massive shift in SP. i see many comments about SBRY. Et al ripping us off and yet they are operating very, very thin margins and its not as if staff are living banksters lifestyles. How Lidl and Aldi are cutting so far below on shopping items has me baffled....whilst all do do sourcing in uk ( so you'd think those prices would be comparable across all supermarkets) the rest is a global food market place..think grain commodity, coffee, additives etc etc , so again you'd think a relatively flat playing field. Where is. Warren. Buffet when you need him ......there is something in the overall picture I do not think any of us are getting. I can only think someone is determined to see consolidation take place...perhaps Ali or lidl are the short positions with the hedge funds doing their dirty work?

Likely he is hoping shorts will unwind by 12 Nov. All the big 4 are down. Looking more broadly I think the hedgers are looking for consolidation and are driving prices down to see which one squeals first. Whilst the banking crisis was always about too much credit it reality it was really about too much banking capacity...like we have too many big retailers.

Sorry link keeps getting deleted for stocks being shorted look up short interest tacker run by Castellain acapital

My post had link removed the site is shorttracker.co.uk ......very hrlpful as gives list of shorted stocks

Glad to see some optimism here. I invested £70k in various trances from 330 down to 285. Could not believe it still went south. I learnt a valuable lesson albeit expensive lesson about checking out shorted stock. It took me a while to find but folk on here might find this website very helpful http://shorttracker.co.uk/company?sort=1&d=desc