Ig Share Discussion Threads

[langy_1] 09/1/2017 08:37

Where are you seeing the France news?

[woodhawk] 09/1/2017 07:56

Yes, "no impact" AND "could ultimately enhance the Company's future competitive position in the country". The writing is on the wall for the shorts now.

[nw99] 09/1/2017 07:45

France in impact should continue towards £7

[raffles the gentleman thug] 06/1/2017 15:35

well they do actually because most are locked in, but as those locks expire he's gonna be in trouble. No one does a 40% plus drawdown and gets away with it in this industry, and especially if they are a self publicist spouting off about the £300m he was supposed to have made over the referendum ...

[langy_1] 06/1/2017 14:54

They don't need to walk for it to be worth less, it'll be worth half that now anyway.

[raffles the gentleman thug] 06/1/2017 14:47

You mean he used too run $13.5bn - with drawdowns like this clients do tend to walk

[dusseldorf] 06/1/2017 14:38

Langy - thanks - I did just google the fund. It may not be him controlling it, but a 1.3% position is neither here nor there with the ultimate direction of the SP, though agree it may exaggerate short term positive movement if it runs against them and they reverse.

[catcheemonkee] 06/1/2017 14:35

Doesn't stop him being wrong on this one though. ;)

This is yer man:

[langy_1] 06/1/2017 14:31

Odey runs funds managing about $13.5 billion and is a billionaire himself so his actions may be a bit more relevant than you think.

Doesn't stop him being wrong on this one though. ;)

[dusseldorf] 06/1/2017 14:14

Not sure who Odey is, but more to the point he and his actions are irrelevant on a £2bn mcap stock.

[thepunter] 06/1/2017 12:37

spot on tsmith2 - no smoke without fire - 414K shares bought at whatever price they could take..

[thepunter] 06/1/2017 12:35

Plus500 down 1.25%, IG up 4.5% - looks like Odey is having his balls squeezed....

[tsmith2] 06/1/2017 12:29

That 10% move the other day..telling

[nigelpm] 06/1/2017 12:18

The swap back into CMCX looks worth doing once again.

[mister md] 06/1/2017 12:13

starting to look like a V-shaped recovery ;)

[rubberbullets] 06/1/2017 11:45

BOWLTASTOIC

[mnomis] 06/1/2017 11:45

Yes, in fairness, Odey has a lot more money long Plus than short IGG

[mister md] 06/1/2017 11:40

he went long on PLUS and hedged with short IGG I think - best close his IGG short asap imho

[kmann] 06/1/2017 11:16

Yes, those sub 500p shorts looking poor. Ironicaly IGG going to make more as punters make the most of the freedom to go large for the next two years.

Odey also suffering from redemptions, he's a one trick pony on the wrong side of the bet.

[mnomis] 06/1/2017 11:05

Saw on BBG yesterday that Odey was down 49% for the year on main fund. Maybe close the IG short pre dividend eh? On a personal note, happy to see my IG position turn positive, with divi to come.

[mister md] 06/1/2017 10:45

think you mean certain. Certainly hope its not curtains ;)

[t 34] 06/1/2017 10:43

It is rather curtain that the upward pressure will persist until the result day.

[smurfy2001] 06/1/2017 10:00

600p target plus a dividend. I'll take it

[thepunter] 06/1/2017 09:54

Strong move today, it has broken some resistance levels at 512p and 523p (first fibonacci hurdle, the 23.6% of the move from 788p). The 38.2% sits around 575p and is the next target - this was a supt/resist level in 2013/14 too. This could be 600p by the time results are out and the dividends are paid.

[raffles the gentleman thug] 06/1/2017 09:34

Yep remove the 6% and you back to a paltry 487 share price