3Wk·

Intellego Technologies shorted

$INT (-2.11%) is probably haunted by short sellers. Short interest jumped from 0.5% to over 7% according to Marketscreener.... Reasons are probably suboptimal capital management from what I could find out. However, the financial information published before earnings is actually quite solid.

Could be a good follow-on opportunity.

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37 Comments

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I did and doubled my position.
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@Multibagger what is your avg buy in ?
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@Multibagger I have also just bought some more
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@timsnty too high at €12.80
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@Multibagger hmm, you mean...🤔, I have 12.65
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@Dividendenopi today there are just under €10. Never mind in the long term.
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Tradegate closes at 8pm and I still have to cook, I'll have a look on Monday. I'd also have to invest everything in the trading portfolio and use up my 5% to gamble 🤔🤷‍♂️.
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@Multibagger take a look at today's over-the-counter trading on L&S and the last price... 6.40 has little significance, but it will be extremely exciting on Monday.
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@Dividendenopi I had seen. That's why I said that it may well fall below €7.
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@Multibagger then I'll add another one, it's a really hot gamble and will be a wild ride over the next few days
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@Dividendenopi in any case
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View all 8 further answers
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They apparently want to make SEK 100m in share buybacks. Maybe that was the trigger, but the crash is completely exaggerated.
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@PikaPika0105 Share buybacks generally trigger a positive reaction from the market.
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@HoldTheMike You can't say that. In most cases it is, but with small caps the situation is somewhat different. Especially when it comes to small companies in the growth phase, share buybacks are often seen as a waste of important capital. With large and stable profitable companies, on the other hand, it always triggers a positive reaction, as you said.
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@PikaPika0105 You never stop learning - thank you!
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It's completely unclear to me where this fantasy comes from. Ok, I've only skimmed through it, but the figures don't look convincing at first glance and the product - ink that changes color under UV light - phew, I don't see the great application there.

Reminds me more of P&D penny stocks of the "syringe with retractable needle" variety (if that means anything to anyone else) ...
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I thought so too at first, but the product is actually mission-critical in quality assurance for industrial bonding applications and medical disinfection. Intellego holds the patent, production is not expensive and the margin is very high and indispensable in QA - at least until there is no player with a better product. I think there would be a moat and once the customers are locked in...
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@doyoueventradebro How can that be mission-critical? Medical disinfection with UV light has been around before. But - as I said: I haven't read any further into it, as there are too many question marks even at first glance.

Of course, it's not proper research, but I only invest in things that I can understand quickly.

I'm just very simple-minded ... :-)
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Runs inversely positive I would say 😁.
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@Singulus some trades have to do that 😇. I've just seen that my stop loss also took effect recently and kicked me out at €8. Adding a sum to the loss pot is also necessary from time to time
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@Dividendenopi Yep, thinking strategically about the loss pot is also good.
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@Singulus was not my strategy with this stock 😉, but the rest went and is going so well in my trading portfolio that it hardly matters
I am still waiting, I think we will end up at 6-7€.
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@j0keR61 How do you come up with €6-7?
@HoldTheMike There's always someone around the corner who says that € xy will still be paid. It's usually justification for waiting, I think
@HoldTheMike Technical analysis shows that resistance levels have been breached, which points to a further decline to EUR 6.
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Just entered with a small position
So we bought again at €6.80 and set the next buy at €4. Let's hope it doesn't come to that and things finally calm down.
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@j0keR61 oh then you probably got my shares 😉 I had my sl at €6.8. It was just triggered at some point. Finally something for the loss pot again. Then I'll realize a few profits directly with Irish 😀
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