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Glad to hear it. You either believe in the company and what's to come or you don't. Bleating about it going over the same old directors selling etc etc every day won't change a thing so is a total waste of time and energy. Just why would any genuine holder keep knocking their investment every five minutes??
Of course he has valid points. The deception doesn't work otherwise. Why does he keep coming back, and only on down days?? He wants to trade just as he has admitted. So deramp is the agenda for now. He has past form for doing it with this company. He is a trader and will suck in the gullible for his own gains. He doesn't give a feck if you lose money whilst he's doing it either.
Jadam just summed up his very existence and how he operates. Chief ramper turns into deramper as agenda switches. Beware of Jadam, he now is ramping the fraud ctea probably selling whilst doing it, just like he did here. He admits he trades this so surprise surprise he turns up in his deramping phase to buy lower. Then guess what, turns into chief ramper when it suits. Do not believe a word he says, people like him are the very reason the less experienced lose money. Just read his post at 23.29, he is the person that eggs everyone on, whilst he is selling. He only turns up on red days, why is that I wonder? He wants to buy, so his agenda is to deramp, vice versa when he sells. He is doing it right now at ctea. Beware!!!!
Anyway, other than the odd name calling from some its been a good discussion, what ever happens good luck upomega, I know you from old and know your genuine. I wish you well here. Off for the night now.
upomega, I have absolutely no doubt that any announcement the PI considers is good news the price will rise, the level of ramping that occurs when something positive is shared is astronomical.
The effect is that everyone eggs each other on to buy higher and higher, wild prices are bandied about and the price rises. However, many of those so called investors (who do not admit to it) are selling in the background, it is the slightly less experienced that get caught at the top of the ramps, they often also become the bitter ones that either have a go at anyone that questions the stock, or sell at a loss.
The danger as I see it is the price rising to a level that massively overvalues the company (its already massively overvalued but at the moment people still believe), most will not know (unless ODX give guidance) how overvalued until results day, it is then, and maybe only then when some will find out if all this 'significant revenue' has amounted to significant profit. If it has not then this is when you get the huge stock shocks.
I have no allegiance to the company but if I see an opportunity to make money I will trade it again and again. I have no doubt that the price will rise on good news, (good news is not guaranteed) not because the company is worth it, but because its 100% PI owned.
Oh the opportunity that the BOD have turned into a £2.3m loss, but lets keep rewarding them with options they can dump at the earliest opportunity,
For me the issue isn't that they sold, good luck to them but rather the company manipulated to price withe the now notorious twitter posts so they could get a better price, but when investors get the expected news and look to be rewarded for our investment, colin pis ses all over it in the RNS
William Rhodes - sold 300,000 (14%) Then another 750000 (35%) Total 49%
Jeremy Millard - 166,666 (16%)
Jag Grewal - sold 210,000 (13%)
Kieron Harbinson - sold 1,115,000 (46%)
Personally couldn’t care what Bill Rhodes does he has other projects living over in the states. Kieron rumour is had a personal reason for needing the money. They all still have plenty of interest with remaining options. And more importantly CK not letting anything go at this price.
So no this is not at all a reflection on their confidence in the company and it’s a stupid reason to sell. Tell me a PI that wouldn’t take some gains after 500%+ gain even if he thought it would continue to rise. Different people have different risk profiles, different tax situations, different personal circumstances. Before Covid came along they wouldn’t have expected to be able to sell for 50p this soon let alone 90. They might be directors but they are just like anyone else, you can’t spend paper gains and sometimes you just have to take some off the table and enjoy it, especially when it’s up by more than you would have dreamed.
The new director options being rushed through at 89p before the UK gov contract is a better indicator
"Imagine changing your whole opinion of a company because directors sold a small portion of their options" once again tell the truth MB the Directors did not sell a 'small' portion of their options
- William Rhodes, Non-Executive Director of the Company awarded 300,000 options - sold the lot at 79p holds no shares only options - Angela Robertson, a PDMR of the Company awarded 19,565 Ordinary Shares at a price of 93.075 - sold the lot holds no shares - William Rhodes, Non-Executive Director of the Company awarded 450,000 shares at a price of 91.115 pence - sold the lot - William Rhodes 300,000 options - sold the lot - Jeremy Millard 166,666 options - sold the lot - Jag Grewal 210,000 options - sold the lot - Kieron Harbinson 940,000 options sold the lot and also sold an additional 175,000 from his core holding
If you think these sales should have no bearing on an investors belief in the company then that's your choice, I think it says a lot, one hell of a lot and I acted upon it.