Sirius Minerals Share Discussion Threads

[not my real name] 12/9/2019 10:43

prmoldoaks,

"RNS due later Major interest in sxx shares reducing lets wait and see just a hunch ;-)"
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Hunch is completely wrong! They don't issue an RNS for shorts whether they go up or down!

If a major interest is selling shares, why is the price going up?

Want best of 3 guesses? :)

NMRN

[prmoldoaks] 12/9/2019 10:38

RNS due later Major interest in sxx shares reducing lets wait and see just a hunch ;-)

[alphapig] 12/9/2019 09:23

Pi's ain't driving this anywhere, the big boys decide where it goes.

[prmoldoaks] 12/9/2019 09:15

Just Be careful its not a pump and dump small trades all PI's

[alphapig] 12/9/2019 09:12

But moneypenny is taking messages.

[jw30] 12/9/2019 09:06

Bonds away?

[pazzuzu] 12/9/2019 08:53

I Agree, and don't believe they will. One mp has already told me they have been advised not to gamble public money on such a risk.But, I will sign the petition, why not, as I say, can't hurt.

[kirtonender9] 12/9/2019 08:47

Why would the Govt support such a risky venture? Because there are a lot of hurdles to overcome before the mine is completed.

[pazzuzu] 12/9/2019 08:33

Although frankly at this stage 10ths of a percent mean Jack squat, we need to see a drastic reduction for my optimism to increase, sort of near 2.5% and below territory.

[pazzuzu] 12/9/2019 08:27

No worries. It was too the affect jpm reduced but citidel increased, thus taking the fizz out a little. I considered it postive though overall as it was jpm who did the reducing.

[alphapig] 12/9/2019 08:15

The increase was delayed in being published by an extra day, hence confusion.

[not my real name] 12/9/2019 08:09

Morning pazzuzu,

Apologies if you did post that there was an increase on 9th September but I couldn't find any such post, from anyone, on any of the message boards.

NMRN

[pazzuzu] 12/9/2019 06:49

I did infact post that there was an increase. At the same time I mentioned jpm reduced. I don't just post my book.For balance

[not my real name] 11/9/2019 23:51

"Just for balance, no agenda!"
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Sorry kreature,

I can't be any clearer than that!

NMRN

[kreature] 11/9/2019 23:26

Seller’s remorse ?

I’m not opening any more short positions until you start buying again ; )

[not my real name] 11/9/2019 22:59

pazzuzu,

Shorts did indeed reduce today but I find it strange that no-one posted they increased yesterday and that increase was slightly more than todays reduction.

Just for balance, no agenda!

NMRN

[1234gold] 11/9/2019 19:41

perhaps the shorts are reducing because the CB owners are selling their CB's. Genuine CB holders will short the equity as a natural hedge because mandates generally mean they can't own the equity.

If I was an existing CB holder I'd sell. Simply because there's a chance I could re-enter over the next few weeks via a new issuance that will pay a coupon 60-70% higher than the one I'm currently receiving.

[pazzuzu] 11/9/2019 18:22

Shorts reduced again, plus one or two massive buys today say to me that a large chunk of shorts were closed today.

[1234gold] 11/9/2019 17:32

Surely CF and the execs can't fail to get the bonds away now...

[walkermike1] 11/9/2019 17:32

Ffs. You are another one.