Certainly diluting shares would usually cause an equal effect on the price. But there is a school of thought that rather than the official number of 70m shares, the market maker has created 100's of millions of synthetic shares "for purposes of liquidity". So there's that consideration.
The best time to do that was last week/month/year.
Ideally I think Id like a bit of both, it'll be a long time investment though for my retirement.
If you’re not up on the ins & outs of company performances, and buying on sentiment it’s little more than a gamble tbh. You could do as others have suggested and slap regular top ups into something like the Vanguard trackers. It’ll not give any spectacular returns but typically (not guaranteed) consistent growth over time. You can choose between funds which pay out dividends or those which reinvest the dividends for greater long term returns.
I’ve got a fair bit in that fund and it’s taking a pasting. I buy in monthly though so hoping that a bit of pound cost averaging protects me a touch
How did I miss this at the time?!Im intrigued as to how you’ve done a portfolio analysis on someone else’s fund without having a scooby about where his money is invested?
Hedge funds will typically have a minimum investment of £1million so it’s fairly unlikely the man in the street will have much if any exposure to it. An alpha fund will try and outperform the mandate within its permissions, it’s unlikely an Alpha fund will have ploughed all its money into either Melvin or a single short position on one stock.
I’ve worked as a chartered wealth manager for a good 15 years and have plenty of experience of DFM’s and I’m questioning your credentials
Gamestop just released their 2022 Q4 financial report. They've turned into profit, beating all expectations by a factor of 2. They were expected to cut EPS losses from 45c to 15c, but instead turned to 15c in profit.
With $1.6b in the bank, zero debt and $700m of inventory in their warehouses.
Shares up 50% in after hours trading.
Oh, and Credit Swiss just happened to have a gigantic short position in GME. I hope UBS knew about that before buying them out
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GameStop Q3 results. Q4 was $42m profit (last year $148m loss), Q2 $51m loss (last year $158m loss), Q3 $3m loss (last year $109m loss).
Those improvements are amazing.
Company has completely turned around and is expecting to post a full year 2023 result in profit.
For a company *everyone* said was going bankrupt! They have $900m in cash in the bank with no debt, and $2.8b in total assets
Without any doubt, this is no longer a "meme" stock. Its a flourishing business that also has a time bomb attached for short-sellers.
$30m increase in sales
Oh, apparently UBS are shitting bricks about what's in those Credit Suisse swaps now anarl. lol.Oh, and Credit Swiss just happened to have a gigantic short position in GME. I hope UBS knew about that before buying them out
You got in at $112 in 2021, how's it doing?
Down about 25%.
