Micro Focus Share Discussion Threads

[montyhedge] 01/10/2020 15:34

It's called covered bear, for traders it's good to do. For investors, no just put in bottom draw and 3 years time all being well these will be 1000p.

[scepticalinvestor] 01/10/2020 15:09

no. it is not easy!that is the problem!

[montyhedge] 01/10/2020 15:06

Then buy back lower you traded your position, made a profit and still retain 10,000 shares. Easy game really. Lol

[montyhedge] 01/10/2020 15:00

Of course legal, if you have a 10,000 position just sell in batches of 500 constantly with buyers not playing shareprice soon be down. All legal.

[dr knowledge] 01/10/2020 14:50

stormcomings post of yesterday re what is happening is 100% spot on (IMO) - this is legal stock market share price manipulation by short sellers, nothing more, nothing less - the evidence is in the trades and the volume. The only way not to lose money here is not to sell unless you genuinely think the company is heading for bust (& rarely do execs purchase stock under such circumstances!). See it out is my humble advice, I even took another couple of hundred today & have opened a new long position as I firmly believe that this will turn. ;-)

[sr2day] 01/10/2020 14:47

the algos are selling,so human investors need to stay calm and not panic into selling. this is the aim of the robots and what they are programmed to do,so human investors not selling will frustrate the robots change direction.so hold on until the update no matter what.

[montyhedge] 01/10/2020 14:41

It could be a stale bull position unwinding, one spreadbetter clients in Micro were 98% long, just looked its now only 93% long. This could all be technical with bears selling small amounts bull position unwinding, double whammy.No news so that's all it can be. Roll on November.

[clemoc] 01/10/2020 14:36

Monty, what price do you you feel shorts will exit?

[scepticalinvestor] 01/10/2020 14:22

still holding with gritted teeth lol

[montyhedge] 01/10/2020 14:19

Easy to manipulate when no buyers. Just sell lots of 100.

[scepticalinvestor] 01/10/2020 14:16

tiny trades timed perfectly.

[scepticalinvestor] 01/10/2020 14:15

f#ck but these shorters are good

[sr2day] 01/10/2020 14:00

historically oct is notoriouly bad for equities and with the US elections in november,MCRO would do well to stay around 240p.

[dplewis1] 01/10/2020 13:55

Lol.. same here. MCRO needs to pull out a 'materially ahead of expectations' sharpish..!

[scepticalinvestor] 01/10/2020 13:46

my gain in RWI has thankfully more than mitigated the paper losses here...

[dplewis1] 01/10/2020 13:38

FTSE up MCRO down - check ?

[sr2day] 01/10/2020 12:37

caution still required here.hopefully no bad surprises in update.

[scepticalinvestor] 01/10/2020 12:24

naah, the tide is slowly turning...

[montyhedge] 01/10/2020 12:20

Bears got a free run for 5 weeks until trading update, which may contain some positive news. But in the meantime bears in control.

[earwacks] 01/10/2020 12:18

I agree, no big sells as yet, just loads of small Bot sales. Any decent sized trade is a buy. The two most recent substantial buys are the Chair, Greg Lock (ex CCC) and Blackrock. A lot of institutions bought in July, currently holding 35%.

[scepticalinvestor] 01/10/2020 12:07

so not advice, but because of this, does not make sense to sell now.each to their own.

[scepticalinvestor] 01/10/2020 12:05

based on volume, we should see a bounce from here - maybe wont end blue today but the RSI / AP is positive

[scepticalinvestor] 01/10/2020 12:01

very small auto trades causing this crash - imo shorts are pushing for 240 as many will have stops at that level imo