The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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Hope everyone still in. The key to the move is the increase in Stocktwits traffic; this should force the shorts into a corner. Been hard work educating the buggers but eventually it looks like they understand the company. I’m also NSCI007 😂. Keep the faith gents.
News just out. Uk government to spend £800m on technology. Mainly ai for nhs and drones.
Thank you, NIInvestor, another of your contributions that I agree with entirely.
I was annoyed with myself at the time of the merger that I had not checked out Rosecliff with Michael Murphy as their CEO having put great faith in Spectral with their outstanding devices and set-up with the American Government. However, no need to dwell on the complication of the terms of the merger, the delay in the UK shareholders receiving our shares and the fall in the share price - I am now 60% down as I feel many other shareholders will be - but now that Michael Murphy has exited the boardroom I am wondering what the effect this will have on Rosecliff, Spectral and perhaps more importantly, the share price. I have been somewhar surprised that I have seen very little mention of Rosecliff since the merger and I am wondering what impact they have had on the shareprice.
I shall be very interested, in view of MIchael Murphy's exit, to hear any views what effect this might have in the short/medium term on the share price, if any.
I’m personally glad to see Mike Murphy exit the board as I always felt he was an untrustworthy sort out for his own personal gain. His place has been taken by Dr DiMaio who has an astounding medical background and is a co-founder. Both he and Erich Spangenberg own 45% of the shares and these have been agreed to be locked up for a further 180 days. So nearly half the shares are locked up. I encourage everybody to persevere and hang in there. It will just be a matter of time before the stock price reflects the great potential of our company. It will take as long as it takes, but I believe we will all be rewarded in the end. Don’t let the shorts wear you down. As Charlie Munger said, the money is made in the waiting.
Thanks for the info medjed.
Glad to see o few people still here.
I have been sitting on the sidelines on stocktwits watching and have seen a few people calling this a traders dream.
Also comparing the charts over a few days I can see a pattern so can understand why people are trading it.
Hopefully some news will put paid to this and might see some movement.
Good luck.
🤞
I started to have a look at other NASDAQ stocks which have been going mental recently.
For example RVSN and MINM, I checked them out on Fintel, and its a similar story to MDAI. Every day short volume is roughly 50% of all shares traded.
And yet, their share price managed to break free.
So I am hoping MDAI can do the same. Just need more volume. The shorts can stay clinging on and short 50% of all trades but looks like that won't stop the share price going up.
Let's not get too excited. We have much ground to make up yet before most of us break even. Its positive stuff though. Looks good
Aye. Looks good.
About time.
Good luck.
🤞
Over a million traded pre market already. 4am over there.
....
Wow.
Movement at last.
Starting to get attention.
🤞
Fintel stating only 2000 short stock available. This has to be the start of a big bounce. We might see some big buys going through. Well i hope. Good luck everyone.
Just an update to advise you that I received no response from Investor Relations to my recent email. This is no surprise to me with my being only a pi who I feel mean little to a quoted company.
Since my last notification, there have been a number of contributions all have which have contained pertinent comments and much food for thought so many thanks for that. I have tried to understand shorting but to no success and as for Naked Shorting I am completely "thick" and just cannot see how they can be removed from future dealings as there are no borrowing fees and no time limit. I am just sitting on my shareholding and and see what happens.
All UK Investors have been truly shafted here.. any positive news going forwards will just be swallowed up by naked shorters. The only way I see out of this situation is when the blood sucking corrupt vampires in the USA get bored and move onto another stock...
Unlike Updg02 I recommend shareholders fight tooth and nail here. What has happened to this stock is not in any way normal.
The more of you that report this to the necessary regulators the better.
What has occurred is nothing short of disgusting and the rules of this asylum deny me the right to use more suitable words to describe all the parties involved in this farce.
I for one will not give up, and I for one will not be sitting here for a few years waiting for the crumby board, the brokers and various other parasites to finish playing us.
Kick, scream and shout until the swine's either listen or or someone else is. WE HAVE A LEGAL CASE HERE, DON'T FORGET THAT.
I share everyone 's frustration here but most regulatory bodies aren't interested in us PI's and are pretty toothless anyway. In my opinion, patience is required here and we need to wait until the next positive news update. This will send the SP north very quickly. Best not to get too worried about short term movements unless you were looking for a quick trade. We are all well underwater but I believe our day will come in the next 12-18 months. Good luck to all.
Cheers Watty.
Seen a few posters stateside not happy either. One calling for suspension to try and stop this shorting. Would this help?
Thanks for doing that Watty.
I would hope the company will talk to the SEC to at least get the culprit brokers fined, and to pit the stock on their ‘hard to short’ list.
Currently they are running amok shorting millions of shares when it suits them.
Well done. It will be interesting to see what Vince says. Thanks for doing that and letting us all know
There is nothing to add to recent messages appearing on the site except to say that I have just sent an email to Vince Capone of Internet Relations at Spectral. I pointed out that the share price has reached its lowest point in the past 12 months with many of the huge number of transactions at times being out of proportion with many shareholders believing that perhaps illegal Naked Shorting is taking place and that I feel the Board of Directors should be making a statement or appear to be taking some form of action.
It's a total disgrace.
The dirty dealing couldn't be more out in the open and nobody cares. A filthy rotten world we live in now.
Yes unfortunately naked shorters (exempt brokers ad MMs) still fully in control.
Look at Fintel, 6 million shares shorted on Friday!
Public float is only 200k!
Saving grace seems to be they are unable to push it much below $2.5 and it keeps wanting to fly.
I’m not sure what event is going to make them give up. Hopefully something related to the government funding. If the government wants this company to succeed the naked shorters will have to be kicked off eventually.
Never seen anything like this! Unbeleivable!
Aye. Just hoping for some news and shorts get burned. Been a long ride from merger. I can pick them. Lol.
Sit tight. No other choice currently.
Wow. Almost 13% down. I think the shorters are winning atm. We need some good news. Trying to keep positive but the sp is not doing me any favours. Any thoughts?