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02-09-2020, 01:07 PM
#4441
Member
Could someone want the price to be kept around these levels?
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02-09-2020, 01:09 PM
#4442
Originally Posted by mistaTea
So now you are cheating on me with Balance is it?!
lol, I have secrets, yeah.
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02-09-2020, 01:12 PM
#4443
I believe the large 7m trade was UBS clients closing out positions and rebalancing accounts with each other before results next week. Shorts have also recently been dropping. Stock price is likely to bounce. Only question is, will people sell into the rally.
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02-09-2020, 01:30 PM
#4444
Member
Originally Posted by Ogg
I believe the large 7m trade was UBS clients closing out positions and rebalancing accounts with each other before results next week. Shorts have also recently been dropping. Stock price is likely to bounce. Only question is, will people sell into the rally.
Or maybe, just maybe, it's Ogg shorting SKT, ahead of the announcement............
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02-09-2020, 01:42 PM
#4445
Originally Posted by Akane
Or maybe, just maybe, it's Ogg shorting SKT, ahead of the announcement............
Who in their right mind would genuinely short the stock here a few days before results with such a clean balance sheet and guidance already met. Even if the unthinkable happened, what would you make, a few pips?
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02-09-2020, 01:59 PM
#4446
Member
Institutions can. eg, short $5m at 14c , then buy back at 12c at the same amount of money. Then they have more % in shares.
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02-09-2020, 02:08 PM
#4447
Member
Originally Posted by Ogg
Who in their right mind would genuinely short the stock here a few days before results with such a clean balance sheet and guidance already met. Even if the unthinkable happened, what would you make, a few pips?
Well, you did say something about "if there is no takeover......" you'll carry out a few drastic measures, so who knows. I've made my seat belt click and have my popcorn ready, bring on the 10th!
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02-09-2020, 02:13 PM
#4448
Originally Posted by Akane
Well, you did say something about "if there is no takeover......" you'll carry out a few drastic measures, so who knows. I've made my seat belt click and have my popcorn ready, bring on the 10th!
Yep, will personally see to it if something isn't done and the shareprice remains suppressed at these levels.
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02-09-2020, 02:16 PM
#4449
Originally Posted by Ogg
Yep, will personally see to it if something isn't done and the shareprice remains suppressed at these levels.
Ohh la la, I am sure Martin Stewart would enjoy a good 'seeing to' by Ogg
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02-09-2020, 02:17 PM
#4450
Originally Posted by mistaTea
Ohh la la, I am sure Martin Stewart would enjoy a good 'seeing to' by Ogg
Gone by Christmas bro.
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