Glencore Share Discussion Threads

[younasm] 27/4/2016 10:01

I don't have any shorts left. The longs from yesterday are down -- but that's okay for now.Hopefully support will be found at 140-145p level.

[anley] 27/4/2016 09:54

With QATAR a seller and now below 9%..........never go a bear against GLEN.

[younasm] 25/4/2016 16:31

Gone long -- will start closing shorts tomorrow -- 150-155p will do.

[brahmsnliszt] 25/4/2016 14:51

(BFW) Herro Says Hasn't Added to Glencore Holding, Still Sees Upside+------------------------------------------------------------------------------+Herro Says Hasn't Added to Glencore Holding, Still Sees Upside2016-04-25 12:43:25.561 GMTBy Jesse Riseborough (Bloomberg) -- Glencore has been trimming debt throughasset sales and co. is more exposed to copper and zinc thanpeers, David Herro, chief investment officer of HarrisAssociates LP says in interview on Bloomberg Radio. * Herro sees 'significant upside' for Glencore shares but hasn't added to his stake recently * Says traders use Glencore as a "surrogate" for trading commodities which is why share price is so volatile * NOTE: Harris controls ~8.5% of Glencore making him 2nd biggest investorFor Related News and Information:First Word scrolling panel: FIRSTFirst Word newswire: NH BFWTo contact the reporter on this story:Jesse Riseborough in London at [e-mail] contact the editor responsible for this story:Lynn Thomasson at [e-mail]

[tallrugbyguy] 21/4/2016 15:09

Nice one Dragi, a negative speach just what the market wanted !

[demicauk] 21/4/2016 11:05

ireminisces

I think Glencore own 50% plus one share of the project. Zanaga own the other 50% less one share. It is possible Glencore would be happy to sell their share as may have been mooted by Ivan Glasenberg in the past and recent share price movements in Zanaga's share price seem to suggest something other than an iron ore price move may be occurring. However I cannot see anything to suggest they have sold their share recently. So in answer to your question yes I believe they do have a stake in the Zanaga Iron Project.

Hope this helps.

[younasm] 21/4/2016 09:42

All of the shorts from sub-100p are closed. The higher priced shorts can suffer a while longer 200-230p would be good level to take losses/ new positions.

[umitw] 21/4/2016 08:21

LMI is flying. I wonder if Glen is going to trade @ £2 soon?

[tsmith2] 21/4/2016 08:20

I wonder if we get shorts capitulating..v soon

[keifer derrin] 20/4/2016 11:40

I've just sold 50% of my holding - as think making 97% since I bought is good enough....but will carry on holding with the other 50% for the divi when hopefully it will start again in 2017....it's nice when you finally bank a profit which isn't always easy with this current jumpy market :-)

[younasm] 20/4/2016 11:17

I have bought some June put options to go short -- hopefully I can start taking some profits at 160p within 1-2 weeks.

[losses] 20/4/2016 08:44

I'm hoping for 200 ish before end of this month.

[tsmith2] 20/4/2016 08:41

Divi reinstatement pls..

[losses] 20/4/2016 08:37

www.barchart.com/opinions/stocks/GLEN.LS

[losses] 20/4/2016 08:36

Good results at Rio

[younasm] 19/4/2016 16:53

I tried to open short position, missed it by couple of pence -- looking strong so I expect a new high before another correction to 140-155p range.

[brahmsnliszt] 19/4/2016 15:25

been long GLEN since 140's and added this morning on the dip. remains in the uptrend and all indicators are way off being overbought. Longer term hold

[itr7] 19/4/2016 14:52

Ok so we've been here a few times now. 164p tends to be the top of the range trade going on recent weeks. Fundamentally I love this share and see long term £3 plus but on the other hand I see it hitting 140p before it. Hits £2

[tsmith2] 19/4/2016 08:05

Like look of graph..£2

[tsmith2] 18/4/2016 16:26

How long before talks of miners reinstating divis?

[tsmith2] 18/4/2016 15:48

Decent strength into finish would b v bullish

[aganatra20] 16/4/2016 10:02

Oh wow. That's great. Thanks for the information.