Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Nice to see it flkatlining at £4, clearly a big buy order in at £4 they'll be trying to fill. The only reason for the lack of volume so far is the fact they're trying so hard to keep a lid on it.
At this rate I cannot see £4 holding today, within the next hour or two they're going to have to admit defeat and let their foot off the brake.
Yeh they're all hovering below 0.5%, they always do and then show their face from timke to time.
They wanted to exit, but now they're stuck in and if inlfation and interest rates ease, and the retail index imprives between now and next results they'll be deeper in the doodoo.
The main issue for them is this is a fabricated price, it's only this low due to the masses of short selling. I can't see there being much appetite/stock available at this price if not shorts so where will it come from?
It's been priced to go bust OR priced on the expectation of further cash raises, and currently neither look likely. This is where the TOPMAN rumour is good, because there's potential liquidity there without placings which they want.
Lol def a buy, they've been filling it all day, and I bet they could have filled more if it was available.
Loving the price movement today, looks very strong. Guessing a large buy order being filled.
Give it to me Mikey
Nice to see some people bucking the fashionable trend to bash ASOS.
The amount of negative articles is unreal, and makes you wonder if people with interests against us failing have contacts in the press.. Yes of course they do.
That said despite everything they are throwing at it, it doesn't seem to want to go any lower.
I don't think they have the right to sell any time prior to the date, I had thought that they only become active on the date. So when it gets to the date if it's below they can sell and do well, but if it's higher they just let it lapse. As you say Ashley has the premium paid for the option.
Just the 1? I reckon 2 atleast, maybe 3.
On the hunt for shorters shares, sniff sniff
I'd happily take that
Big Mike's cracked out the rolled up 50 pound note, and the shorters are supplying the snow.
Some shorts are closing newboy mark my words and Big MA is filling his boots. This time next year Rodney.
We both want asos to be a success so why waste energy arguing, if I was a deramper I would understand it but I want the shorts to exit.
I'm calm NewBoy don't you worry, very comfortable here and don't need to proactively try and say people are wrong to build my ego. Unlike Lucky Two Sheds.
Dude wipe your tears away and stop focusing on trying to say I am wrong to make yourself look intelligent.
I just made a statement about what I think/thought like evrybody does on hear, stop trying to be the one to call people out.
I know people like you, always right even when they are wrong. You're probably a bit of a barry two sheds too. h you have 1 share? I have 2! Oh you have a house? I have two!
Wind your neck in champ.
Closing is a process, I would have said close if I meant close.
You really do have some kind of ego problem, why do you care so much about my comments? Not the first time you try and be right, and make yourself look like some kind of intelligent investor.
Here's a tip focus on yourself, your inner energy, forget about me I'll be just fine.
P.S Nothing was 'opening', as all the positions were already open.
My average is about £3.75 so no losses here.
#byebye
Yes I said shorts are closing, and others are reselling, I never said the total short position would decrease.
Sorry to embarrass you because you made a very righteous post trying to claim I was wrong. I think you need to re look back at what I said champ.
#tara #focusonyourselfasyouseemlikeaveryangryperson
One of the larger put options close to 5% expires this month, but no specific date on it annoyingly. Unless it expired on the 1st.
My bubble? Because I said some would decrease and some would increase?
Well I am sorry to burst your bubble champ but 3 increased and 1 decreased, which is what I said would happen.
#burn #learntoreadshorttrackersbetter
No because they are not obliged to post it until 3:30pm today for yesterday, and it will likely be later than that.
Only from this PM will we see who's playing what hand.
Are definitely closing, the problem is that as they close, more becomes available to borrow and I suspect oterhs are selling it again. Just hope FG are there buying as well as that's the only thing I can see that will take this north.