Plus500 Share Discussion Threads

[andrewclarke99] 08/1/2019 10:40

Also worth noting is the days that these shorts were reported the share price finished higher and the share price has not dropped below the close on the 4th since then.

[metis20] 08/1/2019 07:21

Yesterday's share repurchase at wav 1487p – the highest wav to date. (The previous share repurchase to that was on 18th Dec at wav 1285p.)

Aggregate number of ordinary shares of ILS 0.01 each purchased: 20,000
Lowest price paid per share (GBp): 1,470
Highest price paid per share (GBp): 1,490



£2.061m (excluding expenses) of that initial $10m has been used to date.

[gettingrichslow] 07/1/2019 20:48

I think we need an ElCapital2020 too!

[metis20] 07/1/2019 20:35

Shorters over 0.5% are not having much impact.

Three of them at work on 3rd of Jan - increased their shorts by a total of 0.37% while the share price went up 50p.

On 4th Jan one shorter busy - increased by 0.07% - share price up another 50p.

Its all a bit like trying to catch a rising rocket?

Maybe shorters below 0.5% have been reducing over the past 3 days and/or perhaps the market has finally taken on board those three very positive trading updates - October23 November20 and December27.

Great humour Elcapital2019 - keep those posts rolling out..

[fenners66] 07/1/2019 19:19

So he has missed out on £4 then ! That would have bought a comic....

[dj trading] 07/1/2019 18:07

Hey REAL Elcap - Do you realise that if you followed ElCap 2019 and closed your short on the 3rd Jan and opened a long you would now be 200 points better off in just 3 days!

Or better still if you closed on 27th Dec (ahead TS) and went long you would be 400 points better off in under 2 weeks!!!!

You really need to learn to trade the story when it changes not HATE!

Watch and learn as you would say! lol

[rackerrs1] 07/1/2019 17:15

Nice close here by the wayGlad I'm long this

[rackerrs1] 07/1/2019 16:28

genius !

wish i had thought of that.

so glad we have someone on these boards with so much experience, knowledge and sheer wit and charisma like you.

we truly arent worthy.

[elcapital2019] 07/1/2019 16:25

The friendly account manager at my broker said not to worry about margin calls any more. Also mentioned something about a demo account but the line was a bit fuzzy.

Anyway due to the ingenuity of Plus500, negative balance protection is now industry standard so no longer need I be concerned as I just get zero'ed (theoretically of course as I am always right).

I am informed that this is even the case at IG Group - although it makes me wonder why they never came up with the idea in the first place.

My friendly broker also thought my equal sized long and short strategy was unlike anything they had ever seen - they said it was truly unique and brilliant.

[rackerrs1] 07/1/2019 16:02

elcapital2019 - i hope you found out what a margin call is from your request two days ago. I realise you are ALWAYS right and in some circles some think you are God.

is this true ?

[elcapital2019] 07/1/2019 15:29

Given the current market volatility my strategy is to take out equal sized long and short positions in the same companies. It never fails.

[rackerrs1] 07/1/2019 15:01

hahahaha
keep the anger coming pig filth

this price aint going down - thats for sure

lol