Globo Share Discussion Threads

[scantrader] 11/12/2015 19:24

Well when ETX have refused me a short they told me "they can't get the borrow".

I think the regulators make them cover their positions - if the bulls sold en masse on some bad news they could suddenly find themselves heavily exposed.

I don't know exactly how the system works though - I think Shareprophets have a video on it from the recent investor show that I mean to get round to watch.

[andy] 11/12/2015 18:26

scantrader 11 Dec'15 - 18:03 - 25449 of 25450 0 0

The exasperating thing I find about all the sb providers is whether they allow shorts for a particular share is all a bit random.

---


I think it's to do with their outstanding positions, and if all the bets are going one way they stop taking any more, until some close.

IMO they don't necessarily offset their position in the market, rather they offset against their own clients betting in the opposite direction, and then take some risk themselves to make all the money on a position rather than just the spread.

[scantrader] 11/12/2015 18:03

The exasperating thing I find about all the sb providers is whether they allow shorts for a particular share is all a bit random.

And when they do one day they won't necessarily the next.

It would be a bit tedious to sign up to a dozen of them in order to shop around for availability.

[scantrader] 11/12/2015 18:03

The exasperating thing I find about all the sb providers is whether they allow shorts for a particular share is all a bit random.

And when they do one day they won't necessarily the next.

It would be a bit tedious to sign up to a dozen of them in order to shop around for availability.

[hpcg] 11/12/2015 17:40

Interesting, thanks. That is certainly one up on IG.

[scantrader] 11/12/2015 17:18

Interactive. They paid up a lot quicker with Afren for some reason.

[scantrader] 11/12/2015 12:54

My short position has been unfrozen today and I've been paid off today
at 0p.

[napoleon 14th] 10/12/2015 10:13

You can include me in.
I've substituted the GBO thread in my favourites with this one.
Seems to be the only way to get anything more out of GBO!

[hpcg] 10/12/2015 10:06

Month
Savings


January
$100

[muffster] 09/12/2015 21:33

Forum gruppe latest fact sheet not available unless logged in. Wonder what it says? Surely they are pressing for arrest

[7kiwi] 08/12/2015 07:51

One has to ask why a European Arrest Warrant hasn't been issued for Costis.

[poombear] 07/12/2015 15:54

Firede this was the link



Tragic stuff

[hpcg] 07/12/2015 15:12

It would seem the situation is so bad that the administrators just need to lock the doors and turn off the lights and that is it.

[firede] 07/12/2015 09:53

poombear, can u link to the source of that article? I guess it's a Greek article translated to English?

[firede] 07/12/2015 03:31

Is Globo Technologies shutting down now too? Their website (hxxp://www.globogr.com/) was available up to recently and now they only present the annual reports (up to 2012).

[hpcg] 06/12/2015 23:08

poombear - the administrators wind the company up and the shares get cancelled from Crest. They are duty bound to get as much money as they can for debtors and creditors so it could take some time. However GBO is a small company, which if it is not generating any revenue will have to be shut down ASAP to protect creditors.

[elcapital] 06/12/2015 16:23

amazing how the bulls always want to try and blame the bears. Fault here lies with the fraud that has been caused not because it was highlighted so much by the bears

[poombear] 06/12/2015 16:10

There is a big difference between AIM cancellation and the shares themselves being cancelled. What is the process that has to happen for short positions to be paid out?

[hpcg] 06/12/2015 13:55

Bagpuss - your comment doesn't make sense. We just have to wait for the shares to be cancelled.

[funkmasterp12] 06/12/2015 13:54

Yes, that's the way it works I'm afraid Bagpuss.

[andy] 06/12/2015 13:53

bagpuss,

They have to.

[muffster] 06/12/2015 10:56

Baggy, course they will. Lawsuits otherwise