CDPROJECT profitable trade afterallLosing GPW:CDR trade on double bottom turns into a profitable trade. I have not sold because of the upward trend, then increased the position, which turns out was correct.
Took profit early because several times on GPW:CDR I have not sold at the top and saw reversal right after, just like today.
CREEPYJAR rebound with a PS4. Xbox one game releaseGPW:CRJ shows sign of rebound.
GreenHell game released on PS4 and Xbox One on June 9, 2021
Solid 2020 results
GPW:WIG.GAMES showing signs of rebound in the past weeks, likely increasing investor's interest in the Polish video game sector
I will buy on the first correction, perhaps around 900.
Note: The information is not intended to be and do not constitute financial advice, investment advice, trading advice or any other advice or recommendation of any sort.
[UPDATED] CDPROJEKT CDR short position changesThis chart shows recent changes in short positions by 5 funds currently shorting GPW:CDR and how these changes likely affect the stock price. You can scroll the chart to the left to see earlier changes.
GPW:CDR short positions reported in KNF Short Selling Register stand at 3.21% (~3,3M shares) as of June 18th 2021 reporting date:
0,85%: Eminence Capital, LP
0,70%: Citadel Advisors LLC
0,60%: SCGE Management, L.P.
0,56%: Marshall Wace LLP
0,50%: Arrowstreet Capital (new!)
GPW:CDR as it is the most shorted stock on GPW, also it is one of the most traded stocks. Some analysts estimate that the actual short position could be as high as 16% of the free float, that is as high as 10M shares - reporting requirement starts from short selling position of minimum 0.50%, so there are likely many more funds shorting the stock that have not yet reached the reporting level.
The huge price drop after a very positive news on 16th June, i.e. announcement of return of Cyberpunk 2077 to PlayStation Store was used by short sellers to increase position and stop further stock price increase. Volume Accumulation Percentage Indicator (VAPI) shows strong sale of stock by short sellers.
Given that CDR is the most shorted stock on GPW and also one of the most popular, the large short position increases chances of short squeeze. High amount of borrowed shares could increase the stock price by over 20% when these positions are closed.
Note: Short Borrow Fee Rate (%) on OTC:OTGLY currently at around 5.42%, which is quite average.
This chart is based on the KNF data. The KNF Short Selling Register data for the Friday 18th June session will only be available on Monday 21st June:
- rss.knf.gov.pl
Disclaimer: The information is not intended to be and do not constitute financial advice, investment advice, trading advice or any other advice or recommendation of any sort.
4MASS 4MS2/C Wave is reached and shall be finalized today. I am expecting a serious incline in following days.
XTB, Robin Hood, José Mourinho, Euro 2020, Emirates = UPSIDEwww.xtb.com
XTB is technology company that is cfd and stock broker. They are like European Robin Hood because you can purchase stock for 0 commission up 100000 euro turnover per month.
XTB is present in most major European countries and they want to grow further to be Broker NR 1 in the world. Next place for them is Emirates. All seems to be finalized. Market awaits information that company started operations there. All social media and webpage is already in place and updated. www.xtb.com
Inflation times are best times for such business as people tent to play with money and lost them at casinos. You can call CFD casino so market situation is extraordinary for XTB that have its own technology and want to grow.
marketing: www.youtube.com
Strengths:
- xStation 5 proprietary technology developed inhouse, really nice simple yet powerful platform
- stocks for 0 commission
- 30 minutes open account time
- dividend 1.79pln per share which gave 10% yield
- record rate client acquisition
Weaknesses:
- number of stocks, etfs, cfds could be higher
- cryptocurrencies spreads are pretty high
- company has dividend policy but payments are dependent on market situation
- missing possibility for filling W8BEN for us stocks, to reduce tax from dividends for not us citizens (they promised to add this)
Opportunities:
- XTB hired legendary European football coach José Mourinho that is widely considered to be one of the greatest managers of all time to be face of XTB
- Euro 2020 biggest football event started on market that XTB is mainly focused
- Emirates favorite sport is Footbal
- great marketing idea
- cash that could allow payment of double dividend
- ambition to become Broker NR 1
Threats:
- other brokers also see market opportunity and act after XTB which seems to be leader so TMS and eToro also introduces 0 commission stocks
- end of inflation and cheap money, notice rising rates do not mean inflation ends
- hack, data leak, ransomware
[UPDATED] CDPROJEKT short position changes and insider tradingThis chart shows recent changes in short positions by 5 funds currently shorting GPW:CDR and how these changes likely affect the stock price.
GPW:CDR short positions in KNF Short Selling Register stand at 3.37% as of June 2nd 2021.
The significant stock price increase despite raising short positions possibly indicate a start of a short squeeze. It's also worth to note that Short Borrow Fee Rate (%) on OTC:OTGLY spiked to 8.09% on 4th June from 4.78% on 6th June, currently high at around 7.74%.
Volume Accumulation Percentage Indicator (VAPI) also gives a BUY signal.
Note: This chart is based on the KNF data and ESPI reports. KNF short selling register reporting requirement starts from short selling position of minimum 0.50%.
Sources:
- rss.knf.gov.pl
Note: The information is not intended to be and do not constitute financial advice, investment advice, trading advice or any other advice or recommendation of any sort.
Recent CDPROJEKT short position changes and insider trading
This chart shows recent changes in short positions by 5 funds that currently short GPW:CDR and how these changes likely affect the stock price. Arrows indicate the period (day from start until the end of the arrow), they don't point the actual event.
GPW:CDR reported short positions in KNF Short Selling Register stand at 3.04% as of 27 May 2021 and this chart is based on the same KNF data and ESPI reports. KNF short selling register reporting requirement starts from short selling position of minimum 0.50%.
OFE Aviva Santander also recently purchased 115,329 shares, but I'm not sure exactly when. If you have more information, please share.
Sources:
- rss.knf.gov.pl
- stooq.pl
- www.bankier.pl
OTC:OTGLY
Note: The information is not intended to be and do not constitute financial advice, investment advice, trading advice or any other advice or recommendation of any sort.
CDR is moving in 160-day cycleAfter bad earnings we gapped down by 7%, I'm not expecting that this is the end of fall due to momentum. If cycle will react once again we can expect low between 14'th of June and 5'th of July. Basing on previous structure level 87-125 seems to be good level to go long and wait until next game release. ;)
Disparity index (13) on level -0.30 should be nice confirmation for long.
Recent CDPROJEKT short position changes and insider tradingGPW:CDR short positions in KNF Short Selling Register equal 3.04% as of 27 May 2021.
OFE Aviva Santander also recently purchased 115,329 shares, but I'm not sure exactly when. If you have more information, please share.
Note: KNF short selling register reporting requirement starts at 0.50%
Source: rss.knf.gov.pl
OTC:OTGLY
Grodno GRNThere is an ambigouos situation in Grodno chart. We are in most probable 4th wave correction wchich tend to be complex ones.
If the correction is over now, we shall see some serious inclice in following days, otherwise C wave is yet to come and bottom shall be on lower boundary.
Nevertheless afterwarda we are expecting new ATH on Grodno stocks
4MS 4massC wave technically needs another little drop before serious rebound to confirm another rally up.
Hitting support line soon. Bounce back possible.CD Projekt Red was trading perfectly in the downwards channel.
Interesting spot will be at ~141 PLN. Intersection + Support Level.
Major bounce back possible:
Earnings at 22nd April will be best earnings of company's history
Short Interest is currently very high (51%). When shorts get covered there will be a big impulse.
Cyberpunk DLCs and addons in the making
Possible Multiplayer of Cyberpunk
Witcher Franchise gets extended
Earnings at 22nd April will be best earnings of company's history
$CDR EWT Analysis - The dip has bottomed?$CDR making it hard for traders with its recent price action. The most obvious would be to call the 5-wave down from B an ending diagonal, but $CDR could potentially face more downside in the coming months since they have a Class-Action Lawsuit on their hands (and maybe other lawsuits on the way). The earnings report coming out in March might also be a flop because of the refunds and removal of CP2077 digital copies from online stores.
Consider the following chart as an alternate EWT wave count before buying the dip.