Ripley94
08 Aug 2017
Re: Broker update 1/08/2017.Tom Winnifrith is not agreeing with Morgan Stanley hes post six articles today alone maybe hes short and gone a little manic ?I do not recall anyone like Morgan suggesting Globo fall was overdone ( might be wrong )
KEEPING CALM MIKE
08 Aug 2017
Broker update Morgan Stanley today reaffirms its overweight investment rating on Telit Communications PLC (LON:TCM) and cut its price target to 269p (from 350p). Ozzi buys 400K at £1.71 after selling down last month. K.C.M.
dazurtrader
08 Aug 2017
Back in on the bounce I was lucky enough that my stop sold a while back at over 330p. Back in today. I like shares that have very large, sudden drops as 90% of the time there is a bounce back - not necessarily to where they were but a decent way up towards it. TCM seems to be on this bounce back and I'd like to think that 210p will be seen within a week.I've put a -10% stop on it though and will monitor daily.Good luck to all those who bought in today, and respect to those who bought in yesterday!
Ripley94
08 Aug 2017
Re: PLACING... 340p.. What was it i was not learning " Am sharecrazy "Wish i could trade with hindsight like you appear to do.
Ripley94
07 Aug 2017
Re: PLACING... 340p.. Well i am 2% up on today's top up crazy.Did you take a short position seeing your all knowing.Maybe you could say before markets open.
II Editor
07 Aug 2017
NEW ARTICLE: Can Telit Communications recover from 44% crash? "Investing successfully in LSE:TCM:Telit Communications has always been about timing. Traders who got it right cleaned up, but holding too long was always the risk. And owning Telit over the weekend would have been expensive after the AIM techie ..."[link]
IAmShareCrazy
07 Aug 2017
Re: PLACING... 340p.. You don't seem to be learning Ripley. Big amount of shorts open here for a long time. Red flags highlighted in past. A big wedge was sold when the share price was just below the 50 day moving average.
warwick5763
07 Aug 2017
Re: warwick5763 no problem pleased to help.. Just include www.shortracker.co.uk in any future research.
Ramptastic
07 Aug 2017
warwick5763 Big thank you Warwick!Without your short alert I would have gone into this price crash holding the shares.A bulletin board triumph!I sold last week.I'm not so keen to rush in. Conventional wisdom is that the first profits warning is often just the start of a series.J
Ripley94
07 Aug 2017
Re: PLACING... 340p.. Id suggest the dip last week was due to some sellers trading on this information , there is a note on RNS stating they are "released from Article 7 as now considered in public domain".Share dealing is not a level playing field.
Ripley94
07 Aug 2017
Re: PLACING... 340p.. Logged on late for once, and saw TCM top of fall list down 44% on two RNS.Bad results and new joint broker.Doubled up holding @ 147p ... i never get bottom or top .. but best so far. @ 9.30 am
Ripley94
05 Aug 2017
Re: short Shorts keep increasing now top of table @ 11.2%.. larger rise this week.
Ramptastic
02 Aug 2017
Informed opinion "Telit Communications (LON:TCM) - a positive-sounding trading update today. However, bear in mind this company has distinctly iffy accounts. I ripped apart its interim figures here, and demonstrated that it didn't really make any profit at all, it was loss-making, on a conservative accounting basis. Also, cashflow was very poor.Today's update sounds more positive though. It's also noteworthy that net debt has reduced a lot, suggesting that cashflow may have improved. Also it does pay divis.There is a very large short position in this share out there. The improving trading update, plus a chart that looks ready to breakout, could conspire to create a short squeeze - where the share price suddenly shoots up, forcing short sellers to panic buy to close."Seems a fair summary by Paul Scott of Stockopedia. I don't normally reproduce content that is behind a paywall - but you need to be aware of the risks if you hold this stock and I wouldn't like anyone to get burned.Of course this is just one view - you may well have your own.J
Ramptastic
02 Aug 2017
Re: short Thanks for the heads up about the short Warwick. I've dumped my holding today.I expect that someone will publish an expose about the accounts at some point and the shorters will clean up.Plenty of other stocks to choose so why bother with this one?J
Ramptastic
01 Aug 2017
Re: short I bought a few knowing this, but the slightest hint of trouble and I'll be selling. The shares looks to be good value, but that's only because of the fancy accounting - which the company have state they will address.
