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Gabriel - I've said Mon 2nd November to start lending again. The process to borrow has to be gone through so if they are going to maximise Xmas business it has to be then, or near to the start of November.
Gabriel, Thanks for your input. Let's see if GJ can do us proud. And that is an II order working in the background.
NS20
Hi.
Any thoughts on when "Our Day Will Come"?
MY thoughts are:
Gary Jennison and Amigo has categorically stated that lending will start before the end of the year.
Breaking this down..
Christmas is at the end of the year and I can not see them opening on Boxing Day for 3 days to fulfil that promise.
Given the expected volumes of enquiries on the approach to Christmas I would imagine that these 3 weeks from December the 1st will be non stop enquiries and extremely chaotic.
Given the logistics of all the 100's of staff at Amigo getting back to lending I would think they would need at least 2 weeks to warm up and get get back in the swing of things.
That brings us to a mid November.
So that leaves us 2 maybe 3 weeks to re start lending.
So is an RNS imminent?
Any thoughts...
It is a little frustrating when you have gone with your gut AND done the most research and you see VELA fly up nearly 50% at one point today. . . Our day will come. . . patience is a virtue and all that.
Gabriel.
Thankyou.
Greatcrestednewt
I just like the fact that at the moment us Retail Investors own Amigo Holdings.
Amigo Is Now A Company For The People
OWNED By The People
Although I welcome the II's to get on board and really drive this share up.
Not until a formal RNS is released...
Gabriel, are you an angel?
We are holding.
Hi viking.
The 5000 buys for example.
Every time there is a buy of say 5000 (even with 100,000 shares) it remains the same as a 5000 offer at 9.19.
It should fall off L2 when a 5000 buy goes through.
So although its showing as 5000 there is possibly millions of buys going through at this price.
Look at the trade volume going through at 9.19.
Yet the 5000 shares are still available
So like an iceberg, we only see an offer of 5000 shares but under the water hidden is the real order going through.
No matter how many you seem to order the ask does not get removed from L2.
So it feels like any one selling at the bid at the moment is just filling the orders for the large II Buy going on at 9.19.
My gut says to hold on to shares for dear life folks.
Fingers crossed that if this is a large Institutional Investor Buy.
Once the news is released and other II's start to pile on board.
Who knows, this could really rocket!
Feels like the calm before the storm....
Gabriel --- i am trying to learn L2, so do you mind saying how / what you see that shows / showed those 2 orders ?
Thank-you in anticipation.
Viking.
viking818
NS20
The L2 looks like it is showing 2 Iceberg or hidden orders.
One bid & one Offer, although showing 5000 it just keeps re loading endlessly and has been for 2 days now with millions of buys.
As you know, despite the large Buy volumes, price has not budged from around the 9p mark.
Is it possible that we are seeing very large Institutional investor(s) orders going through at an agreed price?
Maybe they know something is imminent ?
Just A thought...
Any speculative ideas and reasoning on what this Share Price might be If Institutional Investors Take the new CEO at his word & that lending will be restarted in 2 weeks from today?