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Price do they get back in ?
Basically the market makers can get people to buy and sell. Drop the price all the traders sell out, spike it again they all pile back in higher and that is what they are doing right now. It's just a swirl of hot money where most are losing fortunes but the mm's are making millions every day off all these flyers.
Thanks pal. Infact good luck to all in all your investments. We certainly need it during these times!
Too true Davey ….bottom drawer ,do enjoy the crazy moments and thankfully I don’t need the money …best of luck to us …
and we are back to black, and look like we will go blue again any second
GLA
Good luck with doubling down. I’ll make a decision in then next few weeks once things settle down.
Spot on rooney. You go to the flyers and you groan, the same group of pump and dump names. Twitter has them, advfn has them and Lse has them, you know the outcome but it's like a mini dot com boom but only for the spikers. Everything else remains friendless until they reach 30-50% up and then a whole herd of get rich quick traders all pile in. The moral of my post is do not sell a dead stock out of frustration it's not moving and has no interest. Tomorrow it could be up 200%
I held 8k in these on Tuesday by Wednesday it’s showing at 13k so don’t get me wrong I am always hopeful that they start thinking of the shareholders and stop living on borrowed money…but would I buy another share …not a chance ,will I hold for a few years ?..ye probably will and see what evolves .
It was an excellent contract to win and don’t think anyone would argue with that.
The issue is BOD credibility and the unknown.
Until we have some measurables it’s very difficult to understand the profitability potential. Therefore it is more of a punt at this stage than a investment.
As soon as we get some more details around what the contract is worth, I’ll certainly be looking to recover some of my losses!
Happy with the growth potential and with the opportunity. Added another 3k worth this morning
Not everybody who sees the opportunity is a ramper.
Yes if it spikes again I’ll take out the original monies and run with free shares like the last time - but I do this with every share so it’s not a love in
rooney68 and davey very pessimistic comments BUT unfortunately your both spot on.
Problem is here you can't even nip in and try a punt as it's 0.335 to but and 0.299 to sell so it's got to rise 10% before you stand a chance of trading it
I bought on a ramp around 1.6p and sold at a massive lost few months ago. Was going to take some after that RNS but no numbers so I’ll have to wait as don’t want to get burnt a second time!
I remember when people were talking 10p minimum etc. Life lesson learnt and reading some of the messages here it looks like unfortunately some others will have too……
Sat back and watched all the hype yesterday, sadly lots of people now stuck in this share!!,..all this user number nonsense never gets a value attached to any contract..that poor deramper yesterday got battered ,but let’s face it you can’t argue too much with him !!
All pile in all pile out. The new penny share stock market game. Nobody invests now, everybody on the forums is just about a pump and dumper liar. It's certainly changed a lot in 22 years since the internet arrives. I do not trust anybody now on any forum when it comes to shares.
What a crazy start here
Will try and flush out a few losses early on to square the books after yesterdays surprise rise.
Expecting a bounce to challenge yesterday’ highs in the coming days. Hopefully break past them
Good luck
The spread is putting people off I believe as it didn't matter so much yesterday with that massive volume and the good news fresh out.
Maybe Mondsy onwards and a smaller spread and we will hit 0.50p again
it would be nice to get a podcast today on this huge deal,
but i do feel momentum is on our side ATM, and we will be back
over 50 at some point,
GLA
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So Earl they have reduced their loss from 1.9mill to 0.2 mill and improved revenues by 29% and improved margins by 7.6% and they have 600k in cash. Their licence revenue grew by 45% do you not think they could be swinging into profit on the next set of results with this new 3 year contract?
Earl the beauty of being a few hours pump and dump merchant is you never have to suffer like us normal punter when a stock we hold suddenly gets suspended and goes bust. I read Toop's report recently and thought it was doomed and then surprise surprise you and other well known pumpers were giving it the heave ho. I have several suspended stocks never coming back because I actually hold stocks so stop pretending you have multibaggers the same way you do not have suspended stocks you ramped months ago
congrats on your profits Earl. That's why we are all here.
Did you make them here or somewhere else?
Davy50
trust me I'm not sick at all, I know what I made today,
Now obviously I'll be wanting to buy the next big riser, what's wrong with that?
if MARKET presents with opportunity either take it or not.
I don't know what I would have done if it hadn't have been for you Earl.
You are so smart.
Please help us tomorrow again when the traders begin to buy again in the morning. I would hate to see it up 100% again.
BTW
I'm not a shorter, however did get handsomely rewarded On MBO
free advice to all of us do your research on the companies finance, look what happened to TOOP today, Bust because of the financial situation.
ps oil and other exploration companies are different. Not many needs big financial criteria to survive.