Evr Share Discussion Threads

[bobby1904] 03/10/2018 17:15

Doh! That's not the point! Well over £1m if buys in just 2 trading days BUT Merian (ex Old Mutual) still have 12m shares to buy back & they probably under pressure to start doing so soon before end up under water! Major short squeeze to come! + plus my theory (but only a guess) is the big buying has been Oppenheimer averaging down. If so this underpins another big bounce up in the share price over next few days...

[stevemace] 03/10/2018 17:11

But still nothing concrete to support the share price rise - just supposition. Needs an RNS and hope it's not one to say "no idea why share price rising"

[bobby1904] 03/10/2018 17:09

Public knowledge. FCA website. All shorts over 0.5% of issued shares have to be notified by 3.30pm day after. Already know they had 0.92% of stock short since 16th Aug. Today's update shows it still the same ie as at 3.30pm yesterday. Only change is that Old Mutual have rebranded and are now called Merian Global. Therefore they still have to buy back all 12m shares they shorted. If don't do so before share price gets to c.10p ish (approx. calculation) then they will be under water....

[andysand] 03/10/2018 16:51

I expected to see some huge late trades. Perhaps in the morning....8p doesn't look too much of a leap from here. A move through that should propel us to double figures. Down trend looks firmly broken to me either way.

[msufi77] 03/10/2018 16:25

news in morning then

[andysand] 03/10/2018 16:20

I think they are closing out right now. But if you have better info that you can show us, then great!

[andysand] 03/10/2018 16:17

How do you know this?

[bobby1904] 03/10/2018 16:15

BREAKING NEWS - just checked and Old Mutual (now called Merian Global) DID NOT close any of their shorts yesterday! So all that buying was from somewhere else! Maybe Oppenheimer averaging down perhaps? Merian still therefore have 12m shares to buy back before we get to 9-10p which is their approx average! This bodes very well indeed imo. This underpins another 30-40% uplift in share price from here imo!!

[babbler] 03/10/2018 16:15

250k trade just in at full ask.

[rjetrades] 03/10/2018 15:36

8p is the magic number here. We will see if it passes 8p

[andysand] 03/10/2018 14:54

OML must have taken their short position at between 8-9p. They will need to close out soon if they are not prepared to take a hit.

[andysand] 03/10/2018 14:48

Bear capitulation is upon us I think:)

[andysand] 03/10/2018 14:27

Dreams are what could propel it to the moon. It has the potential to be a worldwide company with billions in sales. We can't know whether that will be achieved but it is the possibility that could drive the share price. Just as it drove many of the tech companies in the dot com boom. VR is the next big thing and we could well see a VR boom over the next 2 years. Actually, this is very likely as the tech has now become cheap enough for mass market penetration. Will EVRH be able to capitalise on this? Well, they are doing a pretty good job so far so maybe they will!

[andysand] 03/10/2018 14:07

Closing shorts would likely be even more dramatic. I wonder where they set their stop loss.

[ferrisc] 03/10/2018 14:00

1 and 5 is my guess.

[babbler] 03/10/2018 13:56

All of the above.

[ch1rp] 03/10/2018 11:58

See no reason why this will not return to all time highs then rocket on good news. It's followed this patter before:)))

[andysand] 03/10/2018 11:35

Indeed. And it looks like it's about to blow again.

[frankie83] 03/10/2018 09:09

So can a rise to 7p

[hamidahamida] 03/10/2018 09:05

Drop to 6p can happen very quickly

[birtwhistle] 02/10/2018 22:04

Although of course he may be sulking over 'wondershares' bigdish and sbtx, which he looks to have screwed up .

[trumpingtonsmythe] 02/10/2018 22:04

Costax! Lol, he can barely string a sentence together let alone hold down a job! But enjoy his absence.

[birtwhistle] 02/10/2018 21:42

So maybe Old Mutual are closing. Certainly Costax, assuming he does work for them, is conspicuous on here by his absence, together with his cronies who've probably also dabbled. Tomorrow could be good!