Member Info for Tricky_Dicky

Anyone promoting a belief that they got it right all along needs to wind their neck in.

If any of the big players were responsible for shorting, by selling, then an RNS would indicate a reduction in their holdings.

From instadeth:

" When a company is shorted, then wouldn't it make sense for the large holders to buy up the shares at the reduced cost, and put the heat on the shorters?".

That would depend on their motives.
They certainly wouldn't do that if they were acting as a cartel and allowing the shorters to force the sp down in the event of one of their members then taking the company private 'on the cheap'.

That is all wild speculation, but why would a high sp help, say Tosca, unless they planned to sell out one fine day, which would, of course, also force the sp down as a consequence and limit their attempts to clear up at a good profit, when there is much more to be gained by other means.

Can bumble have one too?
I like him a lot.

Soooo exciting they discuss Itaconix and dish washer powder.
Cute to see how bumble gently pets his mate, kinda sweet really.

baldy,

Yes! The U.S. rules and sentiment have to be considered, along with the Israeli law.
Tremor had to gain Israeli Court approval for the last buyback - it took many weeks to be granted.
Not sure if that is needed this time around, if and when.

From an RNS of 5th Nov/2020:

"Tremor International Ltd. (AIM: TRMR), a global leader in advertising technologies, announces that it filed a motion with the Israeli court on 4 November 2020 seeking approval which will authorise the Company to distribute a dividend and to repurchase up to a further $20 million of its Ordinary Shares, should the Company elect to do so.
If and when obtained, the Israeli court approval provides Tremor with the right to repurchase its shares from time to time over a term commencing upon the dates of the court's approval of the motion and ending six months thereafter"

So, presumably they cannot just announce a buyback and it will take months to initiate anyway, if approved.

curly,

stt1 always screws the pooch.
So many times it must be totally bored!

doggy,

I think 'Screw the pooch' needs no explanation.
You are just so funny!

Unless Ofer et al. really screw the pooch...
Visceral U.S. slang at its best!
Full-on vernacular.
I love it!

A joint-venture, with Tremor holding, say, 50%, along with another adtech company, can later be sold.
A merger or acquisition is another ball-game.
It will be interesting to see if the preliminary talks work out, either way.

An NDA is common before discussions between businesses about potential joint ventures.
Or a merger or takeover.
Speculation is all we have for now.

Radium,

I have not said what is happening now to Tremor is not a problem.
It strikes me that everything kicked off with the latest figures and the huge equity being issued (to Dirs/Execs),
seen by investors as definitely affecting the ebitda/eps going forward.
So a weakness arose and was not helped by a muppet-style 'investor call' which achieved very little.
.

The first ADR was introduced by J.P. Morgan in 1927 for the British retailer Selfridges on the New York Curb Exchange, the American Stock Exchange's precursor.
Now ADRS are used across the globe.

You might think the time zone overlap and trading hours would have presented similar opportunities elsewhere.
And then along came HFT, Algo and arbitrage.
Still, I can't believe what is happening to us is anything new.

balsy,

Wouldn't someone have to establish a definite link between the buyers here and the shorters in the U.S.?
I am sure hedgies are too clever to fall into that trap.

Tremor's management were unaware of the risks of a dual listing?
It can't be the first case of market manipulation.
The measures to correct it are surely to trade on only one platform.

Surely other adtech stocks have experienced huge volatility.
How different is Tremor's wobble?
Shorting must be commonplace in most markets.
It's the nature of the beast.

In a fragile eco-system the shorters yet have the upper hand, and for reasons that are not too difficult to determine.

The 'call' by Tremor failed to address specific private investor concerns.
Ofer was only presented with 'hand-picked' complaints/comments.
i.e. doggy has quite recently stated that his opinions were that management were (are) taking too much money out of the company and there is/was a lack of transparency over the latest two sets of CTV figures.
Ofer D. just stated regulatory mechanism relating to Dirs/Exec's reward mechanisms.
Ofer also stated that the company had shown transparency, so clearly he was concerned about the allegation but it was not a very convincing response.
It is my belief that he did not lay the ghost to rest at all.
Ofer, waffled on about the increased sp over the past 12 months. and ended up promising 'road-shows' to stimulate U.S. investor interest, after the rather disappointing response to the U.S. listing..

At some point the sp will rebound, no doubt, but it has fallen because of concerns, as above.

We were even told not to discuss him or reply to his posts or we would be put on filter.
Ostrich head in sand comes to mind.
Clear and present danger should be faced not just avoided, - imho!

Some on here don't, won't and can't accept that stt1 is a shorter.
He is highly manipulative and articulate and out for financial gain.
Why else would he be here?

Radium,

Many thanks for your link,

I listened and the message coming across seemed to be about the huge growth over the past 12 months.
And the U.S. adtech companies which are performing much better, for no good reason, by comparison.
And the need to address U.S. investors who may be unaware of the company, until Tremor next go about conducting roadshows and the like.
I have said before that people seemed to expect an instant success in the U.S. whereas patience, for a while longer,
would be more realistic.

Aye

TD