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The stock market is a place where fortunes and despair can happen in a flash of a second.
Selling high volumes of shares multiple times at a strategic time often turns the share market into a downward spiral (2 million shares can do that, if placed right).
A private investor can turn into a trader without a conscious decision , a private investor can turn into mms without realising it.
A mms is not just a firm it can be a private person suppressing/or creating a run in order to buy in later strengthening their hold( Holding high volumes of shares is needed to accomplish this task).
If you sell high volumes of shares multiple times you can look like a mms or by default on your next actions you could become a major trader or MMS.
My position is quite simple to protect the small or inexperienced investor, I m in this for both short and long run . In the long run we will need the small and medium investor that's in it for the long term ( because all together we are stronger than individuals)
I think its time to draw a line on this and move on .
Have a lovely weekend, keep safe to ALL
Best Wishes Schalf
Completely agree, a little Argie bargie today all good fun. Ultimately even if this company doesn't make it, which is highly unlikely I feel we will hit 30p off the initial steps towards making this into a monster return. I think a year from now and we will all be discussing Tax avoidance and holiday homes. We are all running on our inner conscience on this one which is the most powerful element of any human being , sounds crazy but its how we map out our lives. So good thoughts guys & girls and the rest is history!! have a great weekend. If you believe or not google my name and it may open your eyes.......
In my previous life I was a FRA trader in a French merchant bank in the city. Now run my own conservation contracting business.
Thought I would open up a trading account back in May as I love the buzz.
This board is full of very experienced investors and I totally respect and listen to all that is said but make my own decisions.
This share will fly in due course and I hope we all make some decent money.
Have a great weekend all, I will be going fishing!!
Heartily agree with you Rktech. For the record, I'm holding a little under 780k shares, and I'm doing just that - holding them!
I also think we're in for a good flow of news over the coming weeks and months. The more I've looked into this company, and read articles and links that others on here have posted, the more I'm convinced there's only one way this is headed in the long run. I think the management here are too experienced and too savvy to just be 'dipping a toe in' as it were. I'm looking forward to the coming months for sure.
Best regards and best of luck to all invested.
My thoughts exactly ramp.
People buy and sell and that's a market.
No point in getting worked up about the mm's trying to make a living......'bless em.
( That was a bit of heavy sarcasm schalf ).
Lovely day outside and even tried a glass in the garden......now need to turn the heating up to thaw out.
We're all here to pool knowledge and help each other with our research.
FWIW I think we'll be getting a steady flow of news soon and remember that GST is just a vehicle for GS Fintech UK and GS Fintech Singapore.......not bad for starters.
Good weekend and good luck to all.
Phyxius, it`s not a matter of throwing anyone under a bus,
as you put it, it`s about making money, that`s the function
of the markets, that`s why we`re all here!
He sold he sold. Let him sell. 2m isnt a lot over the course of the day
Lovely day up north! Let’s enjoy it
Schalf, it's good of you to want to help those less experienced. I feel there is a good group of people on this BB pulling in the same direction and it remains a largely friendly tone
But there are people on the BB who wouldn't hesitate to throw all under the bus to make profit. It's the nature of the beast.
Shall we start thinking about the small or inexperienced investors.
Or do you we leave them to the mercy of someone
Kindest Regards schalf x
P.s if these are the million sells of mag pi then you got a 5 million buy in still that is dormant (major trader or mms) take your choice.(which is something to be weary off)
Mag pi......you have made an accusation ' you stated ' you think were sell trades'
No it was lse trades announced, kindly retract....thank you
Kindest Regards schalf
SP a lesson to learn that ultimately whilst this BB is friendly, there are people here who are only looking out for themselves.
There's nothing wrong with that, nobody should be willing to lose money (or profit) in this business for the sake of others.
When the news hits we will all be in profit hopefully, and we can laugh about it all the way to the bank.
The data being broadcasted yesterday by lse was inaccurate, however unless I have other information that can be trusted, I have no choice to rely on that data.....
Secondly I am concerned, that you are this board but have not been transparent till now (only then to try and discredit someone else).
Is it not fair to say if this drops to penny you will buy back in???
I'm not trolling you. Just pointing out you are not accurate with your calls. For some reason you are making a running commentary of what you think are sells. I pointed out to you yesterday that my buys were not sells. Today I am pointing out that the 2m were not MM's or institutions or whatever but just a PI going about their business. I am not in the habit of declaring my buys or sells but when you are inaccurately making reference to them on the board I feel it is worth correcting the error.
I'm not going to get into a long drawn out discussion on this, so good luck with your investment and I hope this goes well for all of us here. Perhaps filter me if I am an irritant to your viewpoint.
Mag pi .......
Now you sold 2 million shares in Gst ,(that you admitted too) , would you admit that I am now a thorn in your side if you wanted to get back at a cheaper price..
Kindest Regards schalf
Well done you! I thought that question would bring you out :)
fancy going against your own shareholders at the same time trying discredit others when you could of announced it was yours at the time, to save any confusion/mistakes . But no you kept quiet (strange)!
To be honest if you trading millions of shares my personal opinion is that you are a serious trader and I would certainly rank you in the mms range(my belief).
P.s I do think you are trolling me
P.ps since you have admitted to selling (which is your choice) I trust you waiting to get back in then when the price is different (cheaper)
Magnum, well said, lot of nonsense being spouted
here at the moment!
SP, at no time in my post did I say who the two
million shares belonged to, in fact if you go back
and read it two million shares is`nt mentioned
at all, I merely pointed out that it was normal
market activity, look at the charts, it was always
going to retrace, people taking profits, no big deal
You can wait all you like schalf. I have nothing against you, I am just pointing out to those on here who believe what you are saying about those trades that you are inaccurate with your assessment, the same as yesterday.
I sold 2m in two trades this morning, I did this to reduce my exposure during this current drift. I still hold 1.25m and as these are now nearly a free run will continue to do so.
ROK...South Korean Market... :-) ChainX.
Rktech...........Great post .
May I suggest for two of my devoted fellows that instead of casting (doubt) on information I share we go somewhere more private for that chat and keep it away from the public forum.
I have a fear that negatively can reflect on the current s.p
Regards schalf
That's about it.
This stock needs some real news to get the next leg up.
It's also true that if we hang on to our shares then it's more difficult for mm's to use all the tricks they have to engineer drops to pick up shares.
There are so many stories of people over at ARB who said they sold in the 3, 4, 5p range only to buy back in at 20 40 60 etc.
I wrote to Shayne Tan and asked if the API application had been made and if and roughly when the coal coin would be available on a more widely used exchange eg coinbase, binance etc and didn't even get a reply.
These things are price sensitive and I would think we're going to get more newsflow soon so just hang in there and be patient. Frustrating I know but there are companies where the shareholders have been waiting many years for real news only to be given jam tomorrow RNS's and podcasts which are worse than useless.
There is a roadmap here and the BOD are playing things very close to their chest which when you think of the prize is no bad thing.
With monster players like J P Morgan going after the same goal the rewards could be massive.
As an example, Jack Bai is wanting to target all the people in the far east who have no bank account. Many people work away from home and send money with western union who charge a big commision and take days to execute the transaction. Blockchain tech will make that instant and cheap........that's just one example.. He also wants to target the South African market for the same reasons.
HODL your shares and wait for the news to drop.
I m just reading some of the posts whilst waitin.
To confirm, truffle...you stated the sale of 2 million shares do not belong to a mms.
First of all describe an mms please?
Second what's makes you so sure?
Third point very clearly what happens to the sp when the ****ging off starts.
Mag pi .......I m still waiting for your answer from yesterday
Kindest Regards schalf
It wasn't the MM's selling 2m.
BS, I doubt very much if it`s mm`s or anybody else shorting
this stock, for a P.I. to short you would have to take out a CFD,
and to do that you would need an account with someone like
IG, anything under a 50mil market cap and they are not interested,
in fact they are stopping coverage of a large number of small caps,
what you`re seeing is simply normal market action!
BS You can probably put it in the same box as tax evasion by the very rich !!! there's always a way around rules and laws I suppose. It's a CLUB that very few are allowed to be a member of until.....