Lonmin Share Discussion Threads

[umitw] 19/7/2017 09:20

I think it's in auction

[evil_doctor_facilier] 19/7/2017 09:14

That 220k at 99p must look tempting to one of the closing parties..
If that goes this spikes over a quid.

[dealy] 19/7/2017 09:13

All the hedge funds sit in Mayfair and go around looking for things to short. They only understand the uk market so invariably it's uk mid caps that get shorted to death

[umitw] 19/7/2017 09:12

IMO , £1.10 may be due!

[glenkaz] 19/7/2017 09:10

How high today🤔 I watched this drop kaz Glen style will it keep going🤔 Way too low! Gla keep firing 🚀🚀

[umitw] 19/7/2017 09:10

I think shorts are closing or winding down their holdings !

[dealy] 19/7/2017 09:07

1% of the shares traded today and we are up 8%. Shorts are totally screwed

[dealy] 19/7/2017 09:03

No way out for the shorts. Trapped. It fell hard on tiny volume and now any volume buying will make it explode

[dealy] 19/7/2017 08:46

It's still only valued at 250 m usd enterprise value. Worth triple that

[glenkaz] 19/7/2017 08:45

Burn you shorting sc/m 🤒👌🏼

[evil_doctor_facilier] 19/7/2017 08:37

after the customary slow LMI start, shorts now fighting each other on the order book to close.
Let's hope there is much more to come.
100p could come very quickly!

[moneybags] 19/7/2017 08:10

It's had a 'great wee run' whatever it does today.

Regards , MoneyHoldingLonminBags

[empirestate] 18/7/2017 22:30

Looking pretty keen, which is nice

[glenkaz] 18/7/2017 21:01

🚀🚀 Fire away chaps!! We were raped! 😱 Big movement back IMO! Gla!

[glenkaz] 18/7/2017 18:07

I might have a cheeky top up with fortunes from poor Clln! O and Ukog

[kulvinder] 18/7/2017 17:49

EDF, slightly increased my holding today - hope we see that vertical move up... Rockets and all.. GLA for tomorrow.

[evil_doctor_facilier] 18/7/2017 17:04

Kulv, today examples the very subject matter i was documenting last week on this thread.
Small acorn closing gives way to almost panic like buying once short positions are desperate to close to lock in profit.
We are not at that position yet,the closing is still relatively orderly only going up in 2-3p increments every 3 hours (mini spikes).
However tomorrow could be a huge day as shorts are now clearly on the back foot following that update.
Good luck all.
evils short term target - a test of 100p

[glenkaz] 18/7/2017 17:01

I'm calling £1.10 tomorow! IMO 🤒👍🏻

[dealy] 18/7/2017 17:00

The generated cash in the last 2 quarters, have net cash yet these brain dead analysts talk about fund raising. Hope the shorts get massacred here. Volkswagen style

[kulvinder] 18/7/2017 16:53

I really hope so Glenkaz...if only it can go back to the last high of 240p, I would be extremely happy with that.

[glenkaz] 18/7/2017 16:32

Could this go on a megga run🤔 Look at kaz Glen when shorts closed kaz 70p now £620 foooooooking hell! See ya over £ tomorow easy.

[evil_doctor_facilier] 18/7/2017 16:32

1.5 mil shares put on the auction bid side at 89p. real strength here now.

[dins1249] 18/7/2017 16:21

I agree shorts better start closing otherwise more losses to come in the near future

[glenkaz] 18/7/2017 16:21

£ target tomorow 👍🏻 where's pjm 😱

[evil_doctor_facilier] 18/7/2017 16:12

very rewarding after last weeks testing days. Obviously, continued short closing could quickly take this over a quid in the next few sessions.
aimho