Member Info for Uscita

Being a Brombarb before Brombarb was a Brombarb

Brombarb does more work keeping this stock alive than Dave Wall. He deserves more than he's getting thats for sure.

There will be next to no shorts on a stock this size. It's impossible to borrow with this liquidity.

The only short positions will be people like IG or other deriv houses not hedging out their retail clients long positions

No worries, anytime

Yes because staff at Market Makers don't have Bloomberg terminal chat or whatsapp or a even a phone.
They have to communicate with each other in code via a publicly viewable medium.

Looks like he's been deleted

Yeah they knew something - that this CR was coming. Hence the silly buy target, to create the buzz and volume to sell it into. I'm struggling to see how people don't understand this.

Well it's a good thing for Dave, not so much you

Come on lad, tell everyone why this is actually a good thing and not at all done to keep Dave in the life to which he is accustomed.

We can have a 30,000 post party instead of a £1 one soon

Create some volume, forward sell the CR into it. Sit back and watch how everyone falls for it for the umpteenth time.

Thank god for that, nearly ruined my day not having that useless information posted for the 10,000th time.

Funny how Brombarbs AUS update is missing today then

Its a sell side accumulation phase and its been going on for a while so this is going to pop one way or the other for sure.

If it is going to 'pop' then we need this period of sideways accumulation so the sell side here (market makers in Arc's instance) have a chance to build a long position to be able to sell into. The longer the accumulation period the more volatile/tenor'd the move will be.

I would suggest this relative lack of volatility lately bodes well.

Ah the Swedish Teachers Pension fund - interesting. Must have an aggressive investment mandate. Fair enough, hope more follow as we move up.

Which one? I'll have a look

I doubt Pensions funds could invest in a stock of this size due to liquidity constraints as part of the their mandate. Family offices and private funds are more likely.

As an aside, it looks like a period of accumulation at the moment as it's been bouncing around the 4-4.5 level for a while, if the buy-side is accumulating a long position we could be in for a serious pop up soon.

Like you have you mean?

Poor (suspiciously poor) management, a track record of failure and an imminent requirement of cash.

No one with any Oil/Commercial experience is going to invest in this now are they, be realistic.