Monday 29 February 2016

Bears tuck into Avanti but ... - part 2

Avanti Communications, the small cap satellite operator, has seen its shares open up over 6pc this morning.

That's because, according to one my moles, one of the major shareholders in Avanti - Scottish Widows/Aberdeen Asset Management - is thought to have "recalled" 1.6 million shares that have been lent out to traders who have taken short positions in the stock.

In case you don't remember, Avanti shares have fallen over 50pc over the last six months despite a number of major contract wins, such as today's news about a deal with Turkish Isbank .

An organised short selling attack has been blamed for the share price decline (if you look around the internet, you will see understand what I mean).

But now the bears could be in for a mauling themselves as Avanti's institutional investors start to ask for their shares from brokers who have lent out the stock to short sellers...

4 comments:

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  2. My life became devastated when my husband sent me packing, after 8 years that we have been together. I was lost and helpless after trying so many ways to make my husband take me back. One day at work, i was absent minded not knowing that my boss was calling me, so he sat and asked me what its was all about i told him and he smiled and said that it was not a problem. I never understand what he meant by it wasn't a problem getting my husband back, he said he used a spell to get his wife back when she left him for another man and now they are together till date and at first i was shocked hearing such thing from my boss. He gave me an email address of the great spell caster who helped him get his wife back, i never believed this would work but i had no choice that to get in contact with the spell caster which i did, and he requested for my information and that of my husband to enable him cast the spell and i sent him the details, but after two days, my mom called me that my husband came pleading that he wants me back, i never believed it because it was just like a dream and i had to rush down to my mothers place and to my greatest surprise, my husband was kneeling before me pleading for forgiveness that he wants me and the kid back home, then i gave Happy a call regarding sudden change of my husband and he made it clear to me that my husband will love me till the end of the world, that he will never leave my sight. Now me and my husband is back together again and has started doing pleasant things he hasn't done before, he makes me happy and do what he is suppose to do as a man without nagging. Please if you need help of any kind, kindly contact Happy for help and you can reach him via email: happylovespell2@gmail.com

    ReplyDelete


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