Shares to watch

bigbob

Member
Messages
8,972
Looks like the profit of the short would have been reduced but not by considerable amounts so the short would still have been very profitable. Or did I miss something?

https://thebull.com.au/10104-what-h...ital-rising-like-a-rights-issue-or-placement/

Not sure as I don't short things myself as I think it should be banned along, therefore, with stock lending. My point is more that if you bought pre-rights at sub 250p then you are still in the money - was just trying to turn it round to explain it better.
 
Messages
6,001
Exactly. I’m an existing AML shareholder and am taking up 100% of my 4 for 1 allocation. The brand will always have some value, and now that it has tanked so far, its market cap makes it a prime target for a hostile bid, possibly by a major manufacturer who wants to add a prestige brand, just as BMW and VW did with RR and Bentley. At 30p it’s worth a punt IMHO
Not sure the brand will always have some value
Marconi plc did not (I know)
best of luck though
 

rockits

Member
Messages
9,172
Not sure as I don't short things myself as I think it should be banned along, therefore, with stock lending. My point is more that if you bought pre-rights at sub 250p then you are still in the money - was just trying to turn it round to explain it better.
I agree that short selling should be banned as well. That is why my moral compass has difficulty executing a short on that basis. Just very counter intuitive for me.
 

Wattie

Member
Messages
8,640
Here’s a list of companies developing testing and treatments for Covid. Keep an eye on their share prices.
Gilead and Abbvie have previously been highlighted.
6794867949
 

Contigo

Sponsor
Messages
18,376
Dow and FTSE up 4% today wow! Shorts might have to be closed for a bit. WTF is going on?
 

rockits

Member
Messages
9,172
This is my fear as what you think should happen might not or might not as bad as you think or expect. Or it might. I'm trying to be set up for both!

Normal rules don't apply anymore. It is anyone's guess. A kin to black or red.

I bought into the 3 banks again late on Friday. Normally the opposite to what I would have done. They seemed low and I had a gut feeling with the sun out that there might be a burst of positivity over the weekend.

No solid underlying fundamentals there at all. Seems to have worked so far today.

I am medium/long term long buying in on dips/lows and getting back out again after a little profit.
 

Delmonte

Member
Messages
878
This is my fear as what you think should happen might not or might not as bad as you think or expect. Or it might. I'm trying to be set up for both!

Normal rules don't apply anymore. It is anyone's guess. A kin to black or red.

I bought into the 3 banks again late on Friday. Normally the opposite to what I would have done. They seemed low and I had a gut feeling with the sun out that there might be a burst of positivity over the weekend.

No solid underlying fundamentals there at all. Seems to have worked so far today.

I am medium/long term long buying in on dips/lows and getting back out again after a little profit.

I agree. Its more and more like roulette by the day
 

Contigo

Sponsor
Messages
18,376
TLW performing well with a bagger since Friday. MOS up 40% today and stocks liked PDL and PFP doing very well. The mind boggles on FTSE and DOW, they see the death rates dropping in Europe as a signal to move 4%. Very bizarre taking a positive out of a still never negative situation and missing the point that many are jobless and will continue to be for a few months yet.
 

Contigo

Sponsor
Messages
18,376
Sadly not, no. Jumped on bandwagon last week at 190. What price you get in at?
In at 74 and out at 200 on the first rise. Out for now as I think it has run its course. I'm not in COVID stocks now. Shorting the DOW and FTSE and in a few tech co's.
 

rockits

Member
Messages
9,172
I've been in and out of NCYT a bit over last few weeks. Currently still in at average of 139 but not sure whether to close all, half or leave it running. France and Thailand just gave FD approval on NCYT this morning. I am not sure if it has a little way to go yet. There will be a strong need for testing but they have sold 18m already. How many more can they sell?

Strong buys this morning and a new high so really not sure.