WOW!!! This has shed so much light for me!!!Forgive me but isn't it the job of Long Biased investors' to positively ramp and spin ANY media release? We find your statement of "nothing announcement" as rather curious. Would many Long Holders also think this?? THat there is NO substance in the article?? Let me provide my take...
STATE STREET recently became a Top 20 Shareholder.
I did NOT know Star City was were in Lending Agreements with BARCLAYS BANK! So thanks @Runner2018 for that insight!!
So check it out
Wanna know what PRICES State Street been "BUYING" stock at?? Wait....first off, we all know to BUY LOW and SELL HIGH right???
Well, how does one explain Market Professionals who KNOW what they are doing, like State Street,..... Why are they BUYING HIGH? Like really high, at EVERY price??
Here's their prices
And hold up let me continue......
Wanna know what they DO with these shares??? Have they built a position with their unlimited funds to keep paying high, high, high because they "KNOW" about the license being re-instated? NO!! I'll tell ya what they do...
THEY LOAN THEM OUT!!! TO WHO?!?!?! U.B.S Securities
GOLDMAN SACHS (I am sure J.P Morgan) too
Morgan Stanley
And here's the best one....
STAR CITY'S VERY OWN LENDER...... BARCLAYS BANK!!! Is this NOT a conflict of interest in any way at all?!!?! Investors are too silly and lazy to read through just 9 basic pages. They stop any further reading at "Becoming A Substantial Holder"
They have done them at key points in the chart too... They bought at the TOPS ie getting positions on and then loaning them at higher prices so that insto's cover them lower, rinse repeat. The attachments below show MORE LENDING than securities being RETURNED
Funny the amount of research this "TRADER" does. It's all a skillset being developed for when I have larger bankroll so for now I am really limited to taking short term trades and scaling my account size to do more damage later with it.
Barclays AND Goldman Sachs BOTH took shares from State Street as a Short. This was at 47c level on 21st Feb
Prices have been rejecting 47c quite a bit
We still don't have any other data so imagine,
WHO took borrows today?
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