Jtc Share Discussion Threads

[3ootuk] 29/1/2021 13:10

If the company was forced in to administration by the powers that be, could trading be frozen and all shares be declared valued at 0p.
Shorters then close with a massive profit.

[alphorn] 29/1/2021 12:37

lef - the short positions that are closed leave that investor flat after their purchase. It will be the long only that will suffer on a share blow up.

[lefrene] 29/1/2021 12:23

Alp, the buyers will be the hedge funds who desperately need the stock to close their short positions. Hence the brokers will take sold stock as they have a near bottomless shorters pit to fill, and more importantly the clearance houses know they will get paid, although quite likely some of these big hedge funds do their own clearing so there's no delay in payment. It will be the 'indigestion' between the brokers and the clearance house that has caused this situation, although the players on Reddit and Robinhood won't see it that way.

By not selling their stock, these players will create an interesting situation come settlement day for the shorters, although I daresay the big boys will create ways of rolling things over into another time period.

It seems silver is also a target, as it's very undervalued against it's 1971 price when the dollar ceased to be under pinned by gold and silver. I'm guessing JPMorgan will win that game.

[honestmarty] 29/1/2021 12:18

Then you sell shares you don’t actually own.

Hoping to buy them cheaper in the future before you have to ‘deliver’; them.

The nudie bit is very important.

[honestmarty] 29/1/2021 12:17

First of all you take off all your clothes...

[honestmarty] 29/1/2021 12:16

Johnv

Naked shorting

[johnv] 29/1/2021 12:12

I read somewhere that they shorted 120% of the shares. How can they do that?, more than there actually is.

[johnv] 29/1/2021 12:10

They just mentioned what happened to Gamestop, nothing else. Don't try to manipulate what I said.

[mroalan] 29/1/2021 11:53

CLICK ON THE GOV POLE.

You,d have to think that can not be true,but for myself i know nobody who fits in either category ,mro

[spittingbarrel] 29/1/2021 11:04

Looks like GME up another 100% in pre market trading. The only thing I know is that it's going to end in tears.

[alphorn] 29/1/2021 09:55

lef - "He's urging holders not to sell". The sad part of that advice is when the share price blows up who is left holding the crumbling stock?

[idriveajag] 29/1/2021 09:07

UKOG about to start potentially transformational drilling in Turkey.UKOG Turkey Presentation dated 20/1/2021:and Press Release on License agreement completion:

[taurusthebear] 29/1/2021 08:58

No-one would call the BBC a doyen of the investment World.

[johnv] 29/1/2021 00:17

Even the BBC mentioned the Gamestop buying by Reddit investors on the 10pm news.

[lefrene] 28/1/2021 23:33

I found this interesting, a player in the Gameshop situation. A private investor explains what the situation is all about, pointing out that the little guy always gets screwed and the big guys get favoured treatment. Shows Gameshop at $196 to sell and $5000 to buy. He's urging holders not to sell, in order to force the big boys to pay a fortune to close their oversize short positions. No doubt the SEC will intervene to rescue the Hedge Funds.

[bahamasoil] 28/1/2021 10:02

This article is a good historical summary of the EU struggles procuring vaccines.

[7kiwi] 27/1/2021 23:41

Well said MT.

The mafia-like EU (that's a nice vaccine factory you've got there, shame if something were to happen to it) are vindicating Brexit with every passing day.

[jkitwm] 27/1/2021 21:36

Well said MTIn a nutshell

[chestnuts] 27/1/2021 20:57

Mount

Good post

I couldnt believe when i read the article this afternoon, i just hope the UK government puts it foot down over this, after all the usless EU have only them selves to blame.

[mount teide] 27/1/2021 20:29

The sight of the EU pleading and begging the UK for British designed and produced vaccines just 4 weeks after Brexit was fully implemented is just too delicious for words.

Well, sorry, you're going to have to suck it up because as Mr Obama once said "you're at the back of the queue"

So, there's a problem with production in Belgium, an EU country last time I looked, resulting in a shortage in EU supplies. The EU arrogantly demands that AZ breaks it's contract with the UK and honours the EU contract. Can you imagine how much they would have laughed had it been the other way round?

Yes, reversing the situation is the acid test. And no, we would get nothing apart from a lot of snide comments about Brexit, and how the Brexiteers still haven't understood that the EU is a rules based organisation!

I think the EU choosing to conduct its commercial negotiation via tabloid smears over the AZ vaccine’s efficacy, and generally bashing the Company in the media, is the best indication of the paucity of their legal and contractual position.

The 'hopeless', 'neanderthal, 'back to the future' UK having vaccinated more than 5 times the average achieved by the clueless, bureaucratic EU is the stuff of brexit dreams, especially when all we hear from the incompetent, sharp elbowed, whining EU officials is outrageous demands they must be allowed to jump to the front of the queue.

Game, set and Brexit!

[chestnuts] 27/1/2021 17:13

serratia

I read her post and laughed i have used a microwave for warming things up for 40 yrs, then i realised the problem , if you boil water in a microwave then pour it on the plant it will kill it, but and you have to laugh in how stupid her post was,

[serratia] 27/1/2021 16:20

No problem with being suspicious. I only looked further as I came across a Mabel some time back when she said she won't own a microwave . If you microwave water it becomes toxic. I asked for an explanation and was told microwaved water kills plants.
I asked her for a reference and she said she read it somewhere ! Best to avoid her comments.

[mroalan] 27/1/2021 16:00

Kiwi,my problem is i,m suspicious about everything to do with conglomerates/government and i don,t have time to check out all my posts,but being anti helps, as most times i,ll be right ish.

[7kiwi] 27/1/2021 13:50

mro,

Buying a unit of Pfizer, is not the same as owning Pfizer.

I think it was the French who helped the CCP build the Wuhan lab, but close to the end of the build the Chinese took full control.

And Blackrock funds will own some GSK shares through their funds, but that is not the same as managing the company.

How can Soros own Winterthur if Allianz bought it?


There's plenty to be suspicious about in the current situation, but that post is almost total BS.

There's quite a lot of evidence that the virus escaped (probably accidentally) from the Wuhan lab, without invoking the lizard people. No evidence of zoonotic transmission from pangolins has been put forward as far as I am aware.

I'm much more concerned about the UN Agenda 21 and 30, as well as the Great Reset and "Build Back Better". Not to mention the Big Tech and WEF - a bunch of technocrats who want to rule our lives, without even the pretence of getting elected.