Glencore Share Discussion Threads

[russell250] 14/3/2016 16:03

yes only 30k and 30k lonmin - took lot of profits - but still upside if oil holds

[rackers1] 14/3/2016 14:31

are you still invested here russell250 ?

[russell250] 14/3/2016 12:54

oil weakening

[panic investor] 14/3/2016 09:46

Chart looks good after pullback imho

[tsmith2] 14/3/2016 09:05

Are bears as thick as bulls in a bear bull market?

[tsmith2] 14/3/2016 08:49

Jan 2016 end of commodities bear market?

[tsmith2] 14/3/2016 08:25

Look at chart...

[dremel] 13/3/2016 22:18

Most of the big miners have dropped by about 30p from their highs, not just Glen.
It was obvious to most seasoned investors Miners were getting too far ahead and a retrace was coming.
But if anything it just shows how fast they move on a bit of good news, so better to be in then out. See the usual bunch of Gutless trolls are back, sadly in human nature they will always be around, the shat Has to go somewhere.

[umitw] 11/3/2016 16:33

I think they are buying the oil, not producing and waiting to get paid!

[not my real name] 11/3/2016 16:14

Yeah. Great business, fantastic margins but..............do you get paid?

Check out GKP (ready to go bust) and GENL (maybe take them over after deal with bond holders)before they go bust as well?

Risky business but Glasenburg is famous for getting his hands dirty. Bless him!

[not my real name] 11/3/2016 14:00

Seconduser,

Yeah, I read that with a smile on my face this morning but your post makes it clear they've added to their positions!

Good luck with that short Robrah!

[hvs] 11/3/2016 13:44

Is it NOT BANKRUPT ??????

[not my real name] 11/3/2016 13:30

Hi seconduser,

Loved the Bloomberg link. So Lansdowne shorted 31.7m shares on the 4th Feb. I just checked and the price was 99p that day.

I reckon Robrah must be the head trader there! Absolutely brilliant piece of foresight, strategy and analysis at Lansdownes!

[wisteria2] 11/3/2016 12:49

Back to 142 then! mini ears

[heaven above] 11/3/2016 12:43

intraday mini batmans ears just formed

[binladin] 11/3/2016 12:42

Then we should expect a freefall..

[heaven above] 11/3/2016 12:12

because they can

because the TA says still hugely overbought even though it is a great company

the Algo's trade the TA

first real support is about 116p with movements along the way of course

they (the snorters) also at the same time play with the metals prices to suit the equity position

so they own the world long and short

that's just the way that it is

[umitw] 11/3/2016 12:08

What's the reason Glen is being shorted?

[heaven above] 11/3/2016 12:07

Don't fight the Algo.

The Algo never sleeps.

It never gets tired.

It never loses patience.

It never gets distracted.

It has no emotions.

It has the power of one million human brains thinking simultaneously.

Go with it but never bet against it.

[binladin] 11/3/2016 11:51

Dow futures higher...

[seconduser] 11/3/2016 11:44

Now you're being very silly!!!

[binladin] 11/3/2016 11:35

Ok then 200 p...target