Plus500 Share Discussion Threads

[markbelluk] 12/10/2019 14:08

paso1 you fail to mention on HL over 6 months PLUS shows +61.13%!!!

[andrewclarke99] 12/10/2019 12:49

I thought the idiots have left this BB. Yet here we have another, just newly registered. Same old agenda

[valentine73] 12/10/2019 11:41

Just ignore the monkey. He cant even spell

[bazildonbond] 12/10/2019 10:58

for 50 new plus1 faucets

[markbelluk] 12/10/2019 10:44

FXClearlyNotPro you are simply poison. There is no place for you here

All the best with your short

[fxprotrader] 12/10/2019 10:25

They are short 7%. Thee is a decent fact for you sonny jim

[markbelluk] 12/10/2019 09:16

Three large funds have all reduced short positions recently. I prefer facts to poisoning of rumors!

[fxprotrader] 12/10/2019 08:29

hsdege funds dont think it looks good either

[paso01] 12/10/2019 06:44

Metis20 Ref short’s interesting....thanks

[metis20] 11/10/2019 19:55

Shorts decreased from around 13% down to about 1% over a two and a half month period to early April 2019, but presumably shorts only truly burn when those shorting are selling at a loss.

Not sure how many of those shares shorted in the run up to early April were bought back at a loss. A good number would have been bought back at a lower price than they were borrowed and then sold.

At a quick look, I reckon that at least 5% of the current 7% shorts over 0.5% were borrowed and sold when the share price was below 650p.

[chucko1] 11/10/2019 19:40

The shorts rarely seem to burn on PLUS. But then I really don’t think they’ve ever properly understood this stock, so let’s see how they react to further non-volatile price ascent. PLUS can afford to keep repurchasing their stock almost without end.

Volatility has been pretty OK in the markets in Q3, so I would not expect to see diminished earnings.

[valentine73] 11/10/2019 18:29

Ig an cmcx had very similar performance to plus today

[valentine73] 11/10/2019 17:04

Yep, and the higher it goes the more out of the money shorts will be closed. That plus the buybacks, and a sniff of good results will all feed the momentum.

[metis20] 11/10/2019 16:54

Voleon down 0.08% to 0.63% yesterday - help move the share price up yesterday. (Voleon moved up on 1st and 4th October!)

Looked as if shorts might have been burning today too....

[valentine73] 11/10/2019 14:19

Let the trend be your friend ;-)

[metis20] 11/10/2019 11:28

Had not spotted those October changes in shorts over 0.5%

Voleon up 0.19%

Philadelphia down 0.12%

Marshall Wace down 0.09%

[valentine73] 11/10/2019 10:59

The 3 and 6 mth charts tell their own story, nice upward trend.I think if this gets past 800 it will motor ahead nicely

[josh 32] 11/10/2019 10:40

I think all things considered and relative to the all time highs of both igg and cmcx plus share price should be at least 10 pound 50 pence

[paso01] 11/10/2019 10:29

Metis20 with respect taken from HL over 1yr CMC +0.64%// IG -3.66%//PLUS-37.00%

[base7] 11/10/2019 10:05

If the forthcoming trading update is as positive as with CMC & IGG our share price will no doubt remain firm,aided by the continuing but backs over the next 2/3 months.Presumably if we continue generating cash surplus to requirement there is a likelihood of a new buy back program being announced in January,possibly to coincide with a full year trading update-which will continue the pressure on shorters to close their positions.Some shorters made substantial profits earlier this year but those shorting since sub 600p are either in substantial loss or they are seeing their (paper) profits reducing substantially.

[metis20] 11/10/2019 09:32

josh 32 - interesting to compare the PLUS and CMCX charts.

From that comparison it is clear that PLUS had not come down as far as CMCX 12 months ago so the current PLUS share price is about 40% below the share price at this time last year.

Perhaps CMCX has risen more quickly from the April lows because of the positive trading update 3 October. PLUS did not produce a corresponding pre-close TU, presumably because Q3 trading was in line with Q2?

[josh 32] 11/10/2019 08:45

Cmcx now 6 percent of year high why is plus not doing same

[fxprotrader] 11/10/2019 07:26

soon as buy backs stop the slide will start

not looking good, same dodgy stories circulating

[metis20] 11/10/2019 07:04

At current rate of spending, about 11 more weeks of buybacks before the US50mn used up - so early January.

(Buybacks started on 19th August - about a third used by the start of this week.)

[paso01] 11/10/2019 06:26

The shorter’s are now starting to rethink there position on Plus as a positive update upcoming imo.