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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Global Marine | LSE:GME | London | Ordinary Share | GB00B0SP6N19 | ORD 2.5P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 15.60 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 15.60 | GBX |
Global Marine Energy (GME) Share Charts1 Year Global Marine Energy Chart |
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1 Month Global Marine Energy Chart |
Intraday Global Marine Energy Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 21/2/2024 | 19:56 | The Game Stop Squeeze | 55 |
| 08/2/2010 | 13:39 | GME - The Truth | 346 |
| 08/2/2010 | 13:38 | Global Marine Energy. | 7,254 |
| 26/11/2009 | 19:46 | ***NEW*** High profile team & rise in orders boost prospects from Spring 2007 | 5,571 |
| 30/7/2007 | 14:01 | PATHETIC MANAGEMENT NEW CASH CALL ? OR GOING BUST | 104 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
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Posted at 03/2/2021 07:48 by imastu pidgitaswell 45 - spot on.At least GME has made profits before. And might do again. :-) |
Posted at 03/2/2021 02:02 by spob It was all the new traders that only heard about gamestop on the news last week that would have kept pushing this much much higher.The number of people downloading the robinhood app went exponential last week. And lots of people around the world in other countries were only just getting interested and starting to buy. But their ability to then actually buy GME and fuel the squeeze was stopped by trading restrictions put on the stock by brokers all around the world these restrictions would also have spooked existing holders if you remove all the buyers from the market or increase their margin to 100% or say they can only buy x number of shares, then the share price can only go down |
Posted at 02/2/2021 12:35 by spob Couldn’t trade this if I wanted toI have 3 spreadbet accounts and they all have restrictions on this stock Brokers around the world restricting the trading of this stock means the price is guaranteed to fall So the hedge funds trapped on the short side couldn’t be happier with the help they are getting The market in GME is now rigged in their favour |
Posted at 31/1/2021 15:52 by chaddie54 Hi guys n gals who owns gme shares? |
Posted at 31/1/2021 08:51 by sunshine today Possibly a far safer way to invest, buy very low cap companies, with a real business and cash on the books .My research, and independent sources. LSAI 0.78P Mid 1/ Tiny market capitalisation, just £4.6M , of that , Net cash £1.2M. 2/ Analyst , two months ago , projected medium term, annual revenues of $50M . 3/ LSAI company presentations, 80% margins on verify software. ( Found on LSAI company, investor page.) 4/ Based on a reasonable growth PE of 20 , that would equate to LSAI having a Market capitalisation of over £500M. ( 100 times plus , current share price ) 4/ £19M unused tax loss 5/ New report 2021, from LSAI client, (InMarket) , with annual $100 revenues ( 2nd from last paragraph) We’re The First And Only Company To Offer Certified Location Audience Data: InMarket is the first and only company in the industry to offer certified Location Audience data, third-party verified for data accuracy and precision by the industry leader Location Sciences. Location Certified audiences build trust and allow brands to buy with confidence, knowing an independent third-party review has assured the precision and accuracy of the chosen audience. 2nd from last paragraph from the report. 5/ Finally: About Location Sciences Group PLC: (LSAI) Location Sciences is the pre-eminent global location verification provider to the $160 billion digital advertising industry. Working in partnership with brands, media agencies and suppliers to reduce ad-wastage and improve the effectiveness of location-based advertising campaigns. The digital advertising market-place remains unregulated and un-monitored, with an estimated $19 billion wasted on ad-fraud in 2018. Location Sciences has developed Verify, the world's first independent location verification product. Utilising sophisticated machine learning and pattern recognition technologies, Verify detects location ad-fraud and shines a light on location data inaccuracy with the aim of bringing back integrity, transparency and trust to the market place |
Posted at 31/1/2021 08:35 by spob exactlynothing we didn't know already by stopping trading in GME they are protecting the hedgies restricted buying by the brokers means the GME price is guaranteed to fall which allows the hedgies to get out of the trap which they created for themselves by shorting more shares than were available in the market I can tell you one thing for sure if retail traders shorted more shares than were available in any stock it would be stopped instantly but the rules are different for the 1% |
Posted at 28/1/2021 12:35 by strollingmolby I can see the hedge funds having to reach out to GME and ask them to issue them with new shares at $500, or whatever price GME determines - the HFs have no leverage to negotiate here. GME thereby raises a few billion and secures its long-term future.There will be some good books written on this in years ahead! |
Posted at 28/1/2021 08:33 by spob Zero Hedge says GME short interest still sitting at highest levelat approx 140% of free float I don't believe hedge funds who say they have fully closed their short positions it would take days to do so and you can't close your shorts if there are not that many shares available in the market to do so |
Posted at 28/1/2021 01:05 by spob ‘Short squeeze’ spreads as day traders hunt next GameStopWhite House is ‘monitoring the situation’ after surge in targeted stocks on both sides of the Atlantic European companies targeted by Reddit traders include Poland’s CD Projekt, maker of the Witcher series of video games, the pharmaceuticals group Evotec and the battery maker Varta Robert Smith, Laurence Fletcher and Madison Darbyshire in London and Eric Platt in New York Financial Times 27 January 2021 A “short squeeze” that started on Wall Street swept across the globe on Wednesday, triggering another day of frenetic moves in the share prices of companies with large bets levied against them. The White House press secretary Jen Psaki said the Biden administration was “monitoring the situation” as shares of companies including GameStop, the hard-hit cinema owner AMC and BlackBerry surged in a volatile day of trading. The dramatic moves highlight the growing influence of retail traders, who have organised on the message board site Reddit. The group has focused on pushing up stocks that are the subject of large short bets by hedge funds. Their success in rallying the stock price of GameStop has vindicated a group now targeting companies on both sides of the Atlantic. Stocks such as US home goods retailer Bed Bath & Beyond, Finnish telecoms group Nokia, German pharmaceuticals company Evotec, former Financial Times owner Pearson and Polish games developer CD Projekt rose sharply in intraday trading. Shares in AMC, which earlier this week clinched a rescue financing, rose 301 per cent on Wednesday, while the retailer Express more than tripled in value. GameStop, which has been at the centre of the retail trading bonanza, shot up 135 per cent. We are recently detecting some European stocks being touted as 'the next GameStop’ among retail investors Ivan Cosovic, Breakout Point The gains stood in stark contrast to a broad market decline triggered by concerns about the rollout of vaccines and pandemic risks to the economy. The US S&P 500 index and tech-heavy Nasdaq Composite both slid 2.6 per cent. “It’s like a wolf pack seeking out the weakest member of the herd,” said Steve Sosnick, chief strategist for Interactive Brokers. The flash rallies prompted TD Ameritrade to put trading restrictions in place for several securities, including GameStop and AMC. The company said the limits could include restricting short sales or requiring 100 per cent margin for certain trades, moves it said would mitigate risks for itself and its clients. “We made these decisions out of an abundance of caution amid unprecedented market conditions and other factors,” the brokerage said. The Securities and Exchange Commission on Wednesday said it was aware of the volatility across equity and options markets and it was “working with our fellow regulators to assess the situation and review the activities of regulated entities, financial intermediaries, and other market participants”. William Galvin, the Massachusetts secretary of the commonwealth who last month sued the trading platform Robinhood for “gamifying&rdq Some of the companies whose shares surged were targets of Melvin Capital, a hedge fund that has been singled out by day traders. Those included Evotec, which was up 9.6 per cent; CD Projekt, which rose 5.3 per cent; and the German battery manufacturer Varta, which rose 12 per cent before trimming its gains to trade up 6.2 per cent. Melvin on Wednesday revealed it had closed its GameStop position, having sustained a multibillion-dollar loss on its shorts since the start of this year. Retail investors are using “a tried-and-true hedge fund strategy of swarming crowded trades held by weak-handed investors”, said Andrew Beer, managing member at fund firm Dynamic Beta Investments. In contrast to the US, which has limited disclosure on short bets, hedge funds and other investors have to disclose when they have shorted more than 0.5 per cent of a company’s stock in the EU and the UK, making it easier to target a fund’s positions. Melvin’s latest disclosure shows it has bet against more than 6 per cent of Evotec’s shares, making it the largest single wager against a European company by percentage of shares shorted, according to the data provider Breakout Point. The US hedge fund’s bet against Varta is the fifth largest. The “short squeeze phenomenon fuelled by retail investors’ discussions is spilling over to Europe”, said Ivan Cosovic, founder of Breakout Point. “We are recently detecting some European stocks being touted as ‘the next GameStop’ among retail investors.” The targeting of hedge funds will be viewed with irony by many financial market insiders, given that such funds are often the protagonists in short-selling attacks on troubled companies. Heavily shorted shares with no link to Melvin also rose on Wednesday. Shares in Pearson, the British education publishing company that is the third-most shorted stock in Europe, according to IHS Markit, climbed 14 per cent to close at its highest level in 16 months. Daniel Sundheim’s New York-based hedge fund D1 Capital Partners, which has also been shorting Varta, has the biggest bet against Pearson, at 3.8 per cent of its share capital. The real estate company Wereldhave, in which Woodson Capital has disclosed a 4.2 per cent short position and London-based Adelphi has a 3.6 per cent bet, rose about 5 per cent. Hedge funds in Europe are now fervently scouring lists of most-shorted stocks and message boards such as Reddit for any signs that their short bets could be in trouble. “Any good hedge fund group will be looking at this,” said the head of one multibillion-dollar European hedge fund group. One European hedge fund manager who specialises in short selling described the recent stock market rallies as “insane” Additional reporting by Patrick Temple-West |
Posted at 27/1/2021 22:26 by spob How GameStop found itself at the center of a groundbreaking battle between Wall Street and small investorsThe video game retailer has become one of the hottest stocks this year in a tale that illustrates the changing face of investing Edward Helmore in New York Wed 27 Jan 2021 The Guardian The coronavirus pandemic hit GameStop hard. Like many retailers, already suffering from the shift to online sales, the video games chain is losing money and plans to close 450 stores this year. And yet, surprisingly, GameStop has become one the hottest stocks of the year. The 37-year-old chain store group is now the focus of a David-and-Goliath battle between an army of small investors and Wall Street that shows no signs of abating and has highlighted some fundamental shifts in investing. Last April, when the company announced mass closures, GameStop’s shares (GME) could be bought for $3.25 each. On Tuesday they soared another 92% to end the day at close to $148, pumped up again by small investors hoping to ruin Wall Street bets that the price would crash. It’s a bet that has, so far, proved very costly for the professional financiers. The strange saga of GameStop’s cult status can be traced back to last September, when Ryan Cohen – investor and founder of the online pet food giant Chewy – took a 13% stake in the retailer and started lobbying for it to move more of its business online and become a serious rival to Amazon. Cohen and two associates were added to the company’s board in January. The company’s share price began to soar as small investors snapped up a cheap stock using the trading app Robinhood and other services, seizing on what they saw as an ideal buying opportunity. Wall Street saw something else – a chance to “short” an ambitious bet against Amazon they believed was bound to fail. Shorting a stock is risky. It involves “borrowingR About 71.66m GameStop shares are currently shorted – worth about $4.66bn. Year-to-date, those bets have cost investors about $6.12bn, which includes a loss of $2.79bn on Monday. Monday’s stock gain of 145% in less than two hours, which extends GameStop’s gains for the year to more than 300%, is the latest sign that frenetic trading by individual investors is leading to outsize stock-market swings. On Tuesday, the party continued. When, and how, it ends is anyone’s guess. GameStop has been the most actively traded stock by customers of Fidelity Investments in recent sessions, with buy orders outnumbering sell orders by more than four to one. The volatility prompted the New York stock exchange to briefly halt trading nine times. “We broke it. We broke GME [GameStop’s stock market ticker] at open,” one Reddit user wrote on Monday after the NYSE halted trading. Ihor Dusaniwsky, a managing director at the data analytics company S3 Partners, called the situation “unique” “Much like the revolutionary war, the first line of troops goes down in a rain of musket fire but is replaced by the troops next in line,” Dusaniwsky added. The battle has become a war of attrition between a new generation of investors and established, more diversified players. Investors on the WallStreetBets subreddit forum have been promoting GameStop aggressively, with many pitching it as a battle of regular people versus hedge funds and big Wall Street firms. “This is quite the experience for my first month in the stock market. Holding till infinity,” posted one user on the thread. Another user said: “We’re literally more powerful than the big firms right now.” In some cases, they’ve been right, with larger investors like Citron Research taking a sharp lesson in what can happen when “herd investors” squeeze a stock higher. Citron’s founder, Andrew Left, called GameStop a “failing mall-based retailer” in a report earlier this month and then predicted that the stock would plunge to $20 in a video he posted to Twitter on Thursday. According to CNN, Left has now given up on shorting the stock, citing harassment by the stock’s backers. ‘We broke it. We broke GME at open,’ one Reddit user wrote on Monday after the New York stock exchange halted trading. Photograph: Richard Drew/AP Another loser is Melvin Capital Management, a hedge fund that has lost 30% of $12.5bn under management this year on a series of short positions, including exposure to GME. On Monday, Citadel LLC and its partners announced it would invest $2bn in Melvin, and Point72 Asset Management (the New York Mets owner Steve Cohen’s firm) would invest an additional $750m on top of $1bn already in the fund. “As someone who started trading stocks in the late 90s in college, I would always remember watching when the small retail trading groups would get crushed by hedge funds and savvy short-sellers,” The battle has spread further, with some accusing the financial media of backing institutional Wall Street players. In an open letter to CNBC, one Reddit user wrote: “Your contempt for the retail investor (your audience) is palpable and if you don’t get it together, you’ll lose an entire new generation of investors.” But others warned that conditions represent market intoxication. “This is the new day and age in which no one listens to the analysts: ‘Why bother, let’s just go out and buy it ourselves?’ The short-squeeze war over GameStop stock is just the latest in a series of conflicts perhaps exemplified by the war over Tesla stock. Last year, short-sellers of the electric vehicle maker lost $38bn, which S3’s Dusaniwsky called “the largest yearly mark-to-market loss I have ever seen”. It is too early to say how long the GameStop saga will continue, or how it will end, but some analysts believe both sides in this skirmish could learn some hard lessons. “I think the millennials will temporarily be rewarded, and a short-squeeze is definitely conceivable,” the investor Erika Safran at Safran Wealth Advisors said. “The stock can get pushed up so that at some point the short-sellers will fold and make the stock go higher. Eventually, it may trend down to the fundamentals of what a stock like this is willing to accept.” Safran has in the past warned that Robinhood, the vehicle many long-investors are using to make trades in GameStop, is behind investment strategies that financial planners generally warn against. “It’s ironic to me and other professional advisers that over decades we have moved away from an individual stock-picking philosophy to broad stock diversification, and this is the exact opposite,” Safran says. “Investing is not just buying one stock.” Safran says the strategy of driving up a stock in the hope of forcing a short-squeeze and riding an a individual stock are hallmarks of a conflict between the new, individual investment strategy and the old guard that recognized financial success requires diversification. “Someone’ |
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