Yeah my retirement fund surely you buy big here.
Sell the yacht, buy big here!
(No chant coming on)
So it is Philosophy Capital Management picking up 6.5%, probably all in one go from Spruce. No idea who Philosophy Capital Management are, but the website is very shoddy.
What kind of philosophy is buying VCP?
Well, they're gonna have to pick up the rest of Spruce's holding and some to get the price moving. Looks like another big chunk of Spruce's holding cleared out on Friday, but not enough to get the traders excited.
Come on, show us some whoppers to see if 40p can break.
All imo
DYOR |
 Flooring Friday continues. From LIKE to JHD to VCP.
So Spruce have capitulated, knowing this pile of junk is knackered. Took em a while to work it out. Loads have been calling this down for a while. LIKE to mop up when this goes to the wall?
But interesting short term trading action here. So Spruce are bailing, shorts must be covering here too as the cost of borrow is too high, but who is daft enough to be buying big here?
There is a right ole ding dong going on at 40p. Been watching for a little while. Every time the buyers try and take control of 40p on the bid it gets cleaned out. If someone clears Spruce out here, could it actually pop higher for a short term bounce?
Even junk can bounce strong, before it gets sold into and continues its downward spiral to the crematorium.
The book is evenly balanced here with buyers in size at 39.5p vs sellers in size at 40p. Very tight range, probably move sharply depending on who wins the battle.
Watching in. Might have a quick go if it looks like a bounce is on, but boy will I feel DIRTYYYYYYYY buying even a small short term position here....oh yuk!
Let's hope the sellers win and close off 40p to avoid even being tempted!
All imo
DYOR |
Spruce appear pretty much out now. Time for a bit of a bounce ? It's been all one way for weeks. |
Pug, guess @ E900, I checked the wrong shop?
Good luck with your nibble, possibly the right turning point, no interest but agree, possible move up.
I don't win em all, short BRBY, not good at all.
Long AMRQ, being pumped by Tom,
All good fun.
Dud |
Agreed expensive but more like 250 - 300 euros.
Well done on closing short. Took a slight nibble yesterday Only time will tell. |
Pug,
Closed short, forget Cristal, E900 per bottle?
Veuve Click will do.
cheers |
I wonder if Morgan Stanley are also buying the bonds? |
Has the worm turned? |
Morgan Stanley might plug it.. |
It's been holed below the waterline. |
Rotrader
Are you still in the big yacht |
Someone dumped aggressively yesterday which washed out a lot of stops. I'd say market position favours a bit of a relief rally from here. Waiting for a signal. |
G'day,
Still hangin in with shorts but note that Lucien Mears has closed. Looking steady at
the bottom rung? |
bloomberg2 - Not sure if they know - |
They can't. |
Debt!! Seems very high ? Outrageous really For low cap company !! How can they ever pay it back !! |
Interesting observation from the other board:
Victoria often say property transaction volumes are the best indicator for near term demand. Government data released yesterday shows a strong uptick in both residential and non residential property transactions in October, as well as forcasting a significant increase overall in 2024/25. |
Watched the Investor Meet Company results, sounded very promising for when the upturn in the world economy's happens.Best of luck to all who are invested in the success of VCP |
Not sure the half year report was that well received. |
OOPS sorry, some took the bait/rise, it's back down to sell. |
rotrader,
Oh Contraire mon ami!
Short from 111, advised PUG not to go long, so cannot be placed in the same bracket as
me, The Shorter (along with long term short advisors, Tim and Steve).
Seems that you cannot read. History is a difficult subject to grasp.
And you a BLUE, research needs some beefing up Sir!
It's up today, enjoy the rise.
cheers |
You sad pair of parasites, i hope you lose everything |
G'day Pug, it keeps on giving.
Bet you are glad you didn't!!
Just a bike this way, no parking/garages (Port Grimaud).
Resturants and Fishermen's bar within walking distance.
cheers |
The smell of burning fingers for many is getting stronger. Down another 10% today. - Dudishes when are you taking deliver of the van of CRISTAL - or is it now a gros camion!
Have a profitable day. |
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