Thomas Cook Share Discussion Threads

[technicalinveztor] 24/5/2019 16:01

Atb aladin.Enjoyed your posts here

[aladin1033] 24/5/2019 15:58

Guys good luck im out. I really wish it goes up for everyone but i couldnt risk it put money in eog moroccan licence due any day should be 6p there soon made abit of profit here u never know migh be back sime really nice guys here good luck

[technicalinveztor] 24/5/2019 15:57

100p coming in the months ahead.

[technicalinveztor] 24/5/2019 15:57

Easy to fish out eh ;-)

[jfb1510] 24/5/2019 15:54

Well as a mug punter at Jet2 I wouldn't touch this even if I had been on an all nighter with Ken Clark.

[franki8] 24/5/2019 15:44

To be fair, you seem to make a valid point wagner. my question is, when bond holders can enforce debt for equity? I would imagine asset sell off will keep the company afloat for a while.

[rakepat37] 24/5/2019 15:42

Massive incoming news over the weekend .... always a leak ... as the old saying goes ... u don't want to be out over the weekend

[wagnerlove] 24/5/2019 15:36

technicalinveztor, reading your posts on here is like watching financial Darwinism in real time. Clueless wouldn't even begin to describe it.

[deltalo] 24/5/2019 15:36

What ! You haven't managed to get a short.You will be saying that many times next week.

[technicalinveztor] 24/5/2019 15:29

Afternoon. Sp holding fine while the sellers, erm...sells.Mug punter starting to throw the towel in on jet2. Price will fall there. Holders will buy Cook instead.

[whatsthepoint] 24/5/2019 15:29

Bloody heck maybe my timing is back NFX up 10% since I sold these above 13 double whammy. Feel way happier holding NFX for long term rather than this which is a bit unknown.

[hammopj] 24/5/2019 15:16

Let's see... hope I'm wrong.

[deltalo] 24/5/2019 15:14

Lol no chance , watch this rise for the weekend news. Triton will be all over the business pages on Sunday.

[hammopj] 24/5/2019 15:09

I think a Friday sell off is coming...

[whatsthepoint] 24/5/2019 15:04

Yes very good summary of what has been going on for many years YELL was the first I saw this happen too !! But many many more examples

[tidy 2] 24/5/2019 15:03

Massive gold nuggets reported by ECR. Wtf. Bucket of them

[deltalo] 24/5/2019 15:02

I've bought more on the dip, 13p bargain price .This will be double by next week .

[floydymagic] 24/5/2019 15:01

News will break over 3 day weekend.
Should spike into close.

[mallorca 9] 24/5/2019 15:01

Wagerlove,

good post.

[hammopj] 24/5/2019 14:57

I get that. As I have said all along. The DEBS similarity is startling. Another great brand taken by d4e. Awful.

[floydymagic] 24/5/2019 14:55

Nice shake ready for hard push up into close

[rumobejo] 24/5/2019 14:54

ECR say no more

[wagnerlove] 24/5/2019 14:53

How many people on here understand the following?: Lots of the hedge funds that are short Thomas Cook shares are specialists in distressed debt that at the very same time as shorting the shares are long the Thomas Cook bonds/loans.

This means: 1) They are short the shares as a hedge for buying into the debt ahead of an expected restructuring. They have been buying up the debt at 50c or less in the € and less from forced sellers. If the shares go to zero, the bonds will also fall further. So they lose money on the bonds, and make money on their short. If shares go up, then bonds go up in value. So they lose money shorting shares, but make more on the debt. THEY ARE HEDGED. They don't care if share price goes up, so will not be "burning" in the slightest.

2) MORE IMPORTANTLY: Because they own the bonds they call all the shots at the company when it goes into a debt restructuring. They will absolutely screw common shareholders, and wipe out the equity, meaning they make 100% on their short of the shares, and then will take control of company through debt to equity swap. They can then sell the company, and make even more money.

In summary: A bunch of very nasty American vulture funds are about to F you if you are a shareholder. It seems almost no one on here has the faintest clue what is actually going on.

[hammopj] 24/5/2019 14:52

13p support now eroding.