The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Hydrogen, thats interesting, I should read about that .. if you might have a resource link ..
Oh right, it looks like they have been increasing the short to try cover the previous short, but I wouldn't really know.
I don't really understand shorts but are these guys in trouble? https://www.lse.co.uk/share-prices/short-positions/funds/whitebox-advisors-llc.html
Your wish is granted Rooks :)
Well, having fear sold @17p, I am back in at 17.5p, 430k shares and happily in profit today...
"lube up guys" - yeah Fugu is heading for ya jacksie
What I don't understand is what actually happened this week.
PMO hardly moved on the news of the vaccine on MONDAY but oil moved sharply north.
PMO only moved on WEDENESDAY
The only thing I can think of is insider trading - the knowledge of deal progress in the RNS, big players in the know buying in, and players who know nothing getting in on the excitement.
Someone might have already said this, but looking back over the week the evidence is there.
(On a side note - I actually dumped all my 300k pmo shares yesterday on the dip for 17p, fear of further drop. I really did have the family silver in it and the temptation of getting it all back at break even was too tempting, after months of sitting on a huge worry. It took some effort with a mistake purchase at 50p in my rogue trading in my history)
17.5 lol
lol is short for lolly
"After lunch I believe we will see increased buying activity again"
agreed, into the 20's zone..
imho
Even at 19p there's a very likely rise of 20% in just a few weeks.
Quite an investment opportunity..
imho
dbno, lets see what tomorrow brings. look fwd to everone's posts :)
Brent seems to be dropping in the evenings then taking off again in the mornings, this week anyway..
Mags you average 1000 posts a month here, nothing wrong with that but crikey! Dbno you have postaholic competitor ;)
Mags - you celebrating on the pop? But who know - lets hope you are right!
Looking good Rooks, ya may get your 22p+ sooner than expected ..
Can anyone see the outstanding short trades on PMO?
Presumably we are loosing our shorts.. and they are losing their shirts..!
I am sooooo happy :) yipeeee hurray - to finally be above & beyond my break even!!
It was risky buying hefty to get my average down - glad I did though
Fireworks & fizz :)
Awesome, GLA
Well you can't say this chat forum influenced the SP the last couple of days!
Presumably LSE web server has been creaking under pressure..
Lack of trading - mm increases spread to trigger stop losses. Guess!
Fugu - I looked it up (excuse my ignorance,) you prepare potentially very poisonous fish!
Interesting!
After merger Tricky? might take longer than by xmas, not that I would know.
Post merger, 18p to 30p club
imho