Member Info for tennents

Both Voleon and Squarepoint increased their positions yesterday.

Any guesses as to whether that was first thing in the morning or last thing in the afternoon?

BIrdsew

They opened here too late and have had to increase several times to try to average down.

I think they know they need to get out quickly before there is another announcement and they get crucified.

LLL

Why are you lying and seeking to panic people?

No voleon

Digitalis

ITM and CWR share the same shorter, Voleon.

cwr is being taken down by a low-volume surgical attack.

Picked this up from some sites i track.

Well I am Russian. And I will tell, in Russia we like to joke sometime in Kitchen Talk (private speech, not on Telegram). And here is one joke, that "makes the round" of Russia right now.

Vladimir Putin Visits a School One Day. And he gives a lecture about how great the government is, and how Russia is the best country in the world.

At the end of the lecture he invites people to ask questions and one kid stands up and says:

“Hello my name is Sasha and I have two questions”

Putin: “go ahead”

Sasha: “Why did Russia invade Ukraine? And why haven’t we won the war yet?”

At that moment the bell rang and everyone went to lunch.

At the end of lunch the Q&A continued and another kid stood up

“My name is Boris and I have four questions”

Putin: “Yes?”

Boris: “Why did Russia invade Ukraine? Why haven’t we won the war yet? Why was the lunch bell 20 minutes early and where is Sasha?”

Friday changes

Walleye down, now below min level.

Squarepoint up to 1.13%

So our remaining shorters are quant driven machine learners. They are about to learn how much this is going to cost them.

Bilbo, very interesting article.

Portfolio

Large-scale gas turbines, e.g., GE Vernova - but their capacity is sold out through 2028

Solid Oxide Fuel Cells, e.g. Bloom - their capacity sold out years ahead into many of those US data centres

In this country, Ceres has licensed its SOFC to various Asian companies, including China, India, & Tiawan. Several of them are targeting sales in the US data centres.

It will not be us, because these data centres consume very arge amounts of power, and the two technologies above are the best off-grid solutions.

However, loads of other applications where we are the best off-grid technological solution.

Bilbo

I do not believe we have anything like 8% shorting. The spreadsheet has a fundamental flaw as it presents the most recent transaction of:

1. current shorts (2)

2. the last reported level that former shorters dropped to as they fell below the minimum reporting level (13)

The current spreadsheet assumes that all 13 'froze' at their last reported level, with some of those levels dating back to 2021/22. There is absolutely no reason to make that assumption. As they were all reducing, why would they not continue to trend towards zero? Given they were all exiting bad positions, that would be the financially logical endpoint for most of them.

Courtesy of bigbigdave on ADVFN

CWR was deleted from the MSCI Micro Cap and added to the MSCI Small Cap index, ITM too.

That means lots of funds are now eligible and/or required to buy CWR shares.

Courtesy of metoo on ADVFN - Good news

🚀 Major Update: Today, 11 May 2026 Rothschild & Co (Redburn) has issued a major bullish update for Ceres Power (LSE: CWR) this morning, significantly increasing its price target.New Price Target: £10.00 (1,000p)Previous Target: £5.40 (540p)Rating: Buy The analyst, Skye Landon, cited the company's accelerating licensing model and its dominant position in providing clean power solutions for the AI data centre boom.

IFKA

691,405,563 per recent RNS

Much chat about Trump crushing renewables? The story may no be as it is hyped. Reuters reported last week:

Musk recently stated that Tesla aims to build 100 GW per year of U.S. solar manufacturing capacity by around 2028.

Reuters reported that Tesla has been hiring aggressively to support this expanded solar manufacturing strategy.

Industry reports say Tesla is in discussions to acquire roughly $2.9 billion of solar manufacturing equipment from Chinese suppliers for this push.

An insightful analysis that, for me, nails shut the scare story about the 'AI bubble'.

https://www.cnbc.com/video/2026/05/07/we-currently-dont-have-enough-power-to-light-up-the-data-centers-says-jim-cramer.html

Not very many days ago, you might have been saying, 'nice to finish above 300'.

Bilbo

I was watching a group of US-based oil industry analysts talking about impacts. Their 'collective wisdom' was that for every day of the war, it would take one week for the industry supply chain to normalise. That estimate excludes major structural damage to facilities as in the UAE and Qatar. Not a chance this will be 'back to normal' any time soon.

Sorry wrong board, those are theri reduction in ITM.

Down six times since April 13 April.

Appears to be coming to an end.

TACO is now on full throttle, and oil is down 10% this morning.