Iofina Share Discussion Threads

[wardy333] 07/2/2014 14:26

Netley we know your only life is haunting these boards trying to make friends, shunned at school led a very shallow life, go and try and find someone who likes you, birds of a feather and all that, get out of that bedsit and try to find a life away from these Monthly Blue payments, if you are still at home at 54 tell mum its time to go, try it mate before its too late.

[n3tleylucas] 07/2/2014 14:10

alfie,

You are talking to a top boy, so behave.

I know how much has been shorted here, and I know what has been dumped by pi's.

[worraps] 07/2/2014 14:07

Thanks, rhwillcol.

[alfie4048] 07/2/2014 13:40

Netley, you are completely wrong.You are getting confused with spread betting.Spread betting is a muggs game in which over 90% of pi's loose money.When a large institution takes a short position, they borrow stock from a broker and sell it into the market over a period of time.Fool.

[rhwillcol] 07/2/2014 13:09

I wonder if the US opening will bring out more buyers? As perhaps in the UK, maybe those sitting on the sidelines waiting for the turn etc, and IOF being a US-based company? Well I really don't mind one way or the other. Maybe Ennismore will need a little more time to close their short? The total volume so far today seems to be far lower than what they need to close this: and there's no hurry, is there? There must be a Warren Buffett saying somewhere which covers our little scenario today? Also, here's wishing you a very Happy Birthday, worraps!!

[n3tleylucas] 07/2/2014 13:04

worraps,

I'll be a little kinder than I was to wardy :)

Just because I like to think I'm a gentleman.

There is a reason why people short, but they do not drive the share price down... that comes from the people around you. The shorts simply take a bet that they (you) will sell.

[che7win] 07/2/2014 13:04

Worraps,
Understood. The whole point of the deramping is to maximise profit positions or help a 'client' get in or out of a position cheaper. Works especially well were a company has a lot of PIs. That's why I kept posting these last few weeks.

I get into my stride when blood on the streets, what an opportunity we had.

[worraps] 07/2/2014 12:49

You're right there, phoenixs!

[phoenixs] 07/2/2014 12:44

worraps, you are only stating what I am sure many feel.. and don't worry about the rdt brigade. I don't read them and most of the time they are wasters with nothing better to do.

[worraps] 07/2/2014 12:43

diggulden

Yes, the tea and toast were a help, although I nearly choked several times along the way.

Yes, a long way to go.........as I said earlier, let's hope this is just the start. And a very nice start it is too, for my birthday weekend.

[tackems] 07/2/2014 12:41

Agree engelo, I have the app on my Samsung mobile and think it's great!

[worraps] 07/2/2014 12:40

che7win,

Well, one of my problems was I too kept buying more and more smallish tranches, all the way down. Every time I thought it couldn't go any lower, it did. Which is why I found it so scary and dispiriting. The word 'patience' didn't really help soothe my nerves, as my confidence was shattered over all the hiccups as Bobsworth recently outlined and reminded.

It will probably take quite a few days like this before my confidence is fully restored. It's one of the reasons that I dislike the concept of shorting, as it plays on, and takes advantage of, any weak situation, and makes the reaction to short term problems so much worse, and in my view causes market havoc unnecessarily. But, I'd better stop there before I stir up another can of worms, and the 'red thumbs down' brigade have a field day!

[diggulden] 07/2/2014 12:16

Worraps, welcome back from your tea and toast break..... seems a while since we had a day like this doesn't it. Long way to go hopefully.

[che7win] 07/2/2014 12:10

Plenty still on the side lines, those who sold out now have to get back on board, they will have been waiting for a turn.

[cheeseandbiscuits] 07/2/2014 12:08

This got L2 legs for the arvo?

[che7win] 07/2/2014 12:08

worraps,
that's why I said 'patience' is needed.

The shorters with their one liners just made it easier for the astute to load up and these crazy prices.

I reckon most of those shorters were loading up at the bottom, that's the game they play.

[engelo] 07/2/2014 12:08

Just in case anyone else is equally thick realised that the Ipad app gives better data than the free service on here. Eg (subject to warning notices from ADVFN) monitor switched on and bid/ask updated apparently real time.

[freshvoicem] 07/2/2014 12:05

I smell a leak, is it gas or RNSs ?
Edit

Could even be perfumed water?

[peterz] 07/2/2014 12:03

I think the Ennismore comment could be right. Didnt they do well :-(

[woodpeckers] 07/2/2014 12:01

It was just a matter of time!

[worraps] 07/2/2014 11:59

Wow! I'd given up ever seeing a day like this!

[woodpeckers] 07/2/2014 11:57

I guess Ennismore must have decided to call it a day at last!!! :-)

[malachey] 07/2/2014 11:55

50k buy at 90p. that's the spirit!