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Channels with lots of young folk. Might turn into the herd buying like gamestop n amc
This is on trading212 thanks to moi!
Looks like it's finally bouncing, over 6p now
Spread the news, feel for the people who have been burnt by stocks like boohoo. Tell em where the gains are! Might help them recover their losses. Been a painful few weeks for most
Hope you’re right as GameStop went up X 17 very quickly! Would take a repeat of that here next week.
be ready boys
For what?
am in canada be prepared for nxt week
lot of interesting thing gonna happen. i bought some at 3.80 yesterday was nice bit of profit
Moon any takeover bid is going ?
What has discord got to do with this 40p bid being made public Monday? Excuse my ignorance as don’t know anything about what discord does or relates to or is about!?
Guess the terms of this takeover could have dictated that RMM social media had to cease as the company will be under a new name come next week?
Rumours.
Discord is an alternative chat forum is all.
I've seen no evidence from anywhere or anyone that warrants belief of said buyout...have you?
If it was leaked to anyone, I'm sure it wouldn't be anyone who is sat posting on these boards, and surer that the rise on Friday from a leak would have resulted in a much higher rise that wouldn't have tailed off at the end of the day.
Also if rambler were being bought and a deal was done at 40p to be released Monday, then IMO they would have suspended Friday as it would have been obvious info would have been leaked.
Atb
The suspension of the social media is real though isn’t it so could well be some transformational news Monday possibly
Is it?
Where does it say it's suspended?
Or has moon bought us out as he is in Canada.
You’re not denying that they have been taken offline as in their posts are no longer available to read?
I honestly have no idea, I’ve never seen a company effectively suspend their social media pages like they did?
Think it was discord type situation that moved GameStop up very quickly x 17, not sure why RMM would be their next target unless there is the same short squeeze situation available to them, nothing seems very clear right now but hopefully Monday morning will make everything clearer.
Only 162 mill shares in issue so the sp can move both ways very quickly due to small free float
jonesrichard - I would imagine the Facebook page and messenger going offline is purely due to the amount of abuse and comments they were receiving following the poorly written RNS that crashed the SP. Nothing more than that. I assume it will be back online as soon as finance is sorted a loan extension agreed or (fingers crossed) a lucrative sale or takeover is announced. GLA.
Moon. Why did you buy some yesterday at 3.8p i thought your chart said 1p was the time to buy. Bad move there 3.8p is higher than 1 p
Moon must mean he bought on Thursday at 3.8 because it was never below 4 yesterday. If you are here long enough you will note that he predicts every which way like the man who bets on every horse in a race and then wants credit for picking the winner.
JonesRichard.
The float and free float are different things, but your point still stands on that.
Re short squeeze, I just can't see that tbh. Someone has mentioned short squeeze as a theory here, but I don't buy that tbh. It's nothing like GameStop IMO.
GameStop has a leveraged short I think about 140+ % of shares in issue, by hedge funds, and as a business RMM just are as relevant to big market movers etc.
Personally I believe the rise we had was more likely less complex.
The share price was low and people decided to take an opportunity after a sustained drop, this was likely expedited by day traders pumping it up and from of missing a move up. This also explains why it dropped back later in the day (as short termers took profits).
I don't believe a significant short in RMM is known or likely.
Just my opinion.
Atb
@fuk
"Personally I believe the rise we had was more likely less complex.
The share price was low and people decided to take an opportunity after a sustained drop, this was likely expedited by day traders pumping it up and from of missing a move up. This also explains why it dropped back later in the day (as short termers took profits)"
That's the truth, and you are without doubt conversing with the lead actors here. They have, as per your post earlier. No backup for those 40p plus deal claims..... Much as all holders would be happy to see it.
However they will play on it as long as the company make no statement.
It's a blatant rinse n repeat ad said early today.....
The reputation of several of these accounts goes way way before them on several shares.....
Regards.
Corrections in caps:
'Re short squeeze, I just can't see that tbh. Someone has mentioned short squeeze as a theory here, but I don't buy that tbh. It's nothing like GameStop IMO.
GameStop HAD a leveraged short I think about 140+ % of shares in issue, by hedge funds, and as a business RMM just are'NT as relevant to big market movers etc.'
Couldn’t they have just muted the notifications? Seems a bit extreme suspending the pages, I mean, what sort of feedback were they expecting after the recent sp performance!?
Anyway, could point to something, could be nothing, hopefully next week holders will know more.