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The rise and the fall ... what I joke
No MRRR this is definitely different and not same pattern now don’t get sucked into that now - it has been a long time coming but when it did we were at rock bottom and now this huge progress will be finally relfected in the SP. I do think shorts were blindisided definitely no leaks and hence NDA’s and no name of bank. Happy to see this climb substantially now and it will! This is what we have all been waiting for and now expect AZ to start the news machine up with interviews and more different jurisdiction IM’s coming through thick and fast! Well done to all LTH you’ve been through a lot of pain but now come the rewards! IMHO DYOR
@Sharebel: A cursory check of your posting history would suggest it's a bit rich for you to warn anyone against the dangers of being "sucked in".
For what its worth I see a pattern where shares are churned by day traders etc on the day of good news - its only a few days after that the substantive rise kicks in when all the shenanigans of MM's etc have settled. Now I could be talking a load of tosh but I don't think I am. You will all remind me of this post later no doubt!!
GLA
Ps I could've sold at 0.038 and declined. this better go up tomorrow or I'll start chewing the furniture......
It's not MM shenanigans. There isn't a conspiracy to hold this down, Winterflood don't have a 7am stand-up every morning and sacrifice a goat in the name of damming the huge buying pressure that if left unchecked would propel this share into multiple pence.
The news is good - it's another agreement, it's the promise of 9-figure IM, and credit where it's due, it's a well-written RNS.
But 1-3% of 135M EUR is 1.35 - 4.05M EUR, and it's not delivered - it's promise of what may be to come, but as has often been the case here, it's not signed sealed and delivered. 4M EUR of Revenue might optimistically support an MCAP of double or more where we are now, but when it's categorically confirmed, not another AZ "agreement". Let's not forget all the other historic SYME agreements that delivered nothing.
It's not derisked (I despise that term), nothing tangible that we can taste has been announced today, but it's a step in the right direction. I'm not yet tempted to buy back in, but it'll make me watch a little closer.
Welcome to our world.
You Should stop chasing spikes
Obviously that was not aimed at you Fiisch, I fully agree with your whole post
@fiisch...
I think that is a very good summation of where we're at 👏
Is there any placing overhang or all clear? i can't find any reference to any recent placing
Https://www.lse.co.uk/rns/SYME/directorpdmr-shareholding-xy2vh2dj4ao1o98.html
Clearly he won't be selling below .053
😂
Why?
He never paid for them.
AZ printed 1.5billion new shares and gave them to AZ
I think you will find it’s very much that esp if you saw the shenanigans on Level 2. Shorts now need ro finally close here. This is the first and proof of concept large deal which is a continuation REVOLVING money maker IM and when it dropped intrday the SP happened to have been hammered to an all time low. There are many waiting for this moment to roll out the othes in many jurisdictions inc UK, middle east and USA. Are the detractors honestly saying we should be trading in these murky low depths? Don’t be ridiculous. There was indeed a concerted effort herculean to not let SP escape over 4.00 just yet! The profit takers took their crusts and the ones like the deep pockets 10 million clip buyer are awaiting the real rerate! This news from this level is not ‘priced in’ and it would be ridiculous to state that it was! You also have to remember it came intraday not everyone has even seen the RNS yet! IMHO DYOR
Lucky why are you so worried because finally SYME has had some pivotal key progress with announcement of their first fully functioning and funded signed IM ? So aggressive and this is why I never post on here because of the agenda laden posters like you who camp,on here. Dribble? Lol that is coming purely from your own gob! This board is often a sewer and the usual suspects are always on a downer. Hardly a spike, we haven’t even begun yet with less than a few hours trading and some profit taking got us into 4 lol that’s the language of someone who is bitter and twisted or who sold too soon, more likely you’re nervous on your own spreadbet here. The scene is set for a well deserved rerate for SYME now you should be delighted but you’re not which tells me all I need to know! IMHO DYOR
The Company will further update the market in due course once the first tranche of the IM Securitisation Programme is deployed and will share more information regarding the IM Securitisation Programme.
Sharebel - suggest you research your latest trade.
Today isn't the first announcement of their first fully functioning and funded signed IM -
1. It's an announcement there's an agreement to do it, not that it's been completed.
2. We've had two tranches of fully functioning and funded signed IM via VEChain, albeit for much smaller amounts.
You describe this board as a sewer, and yet ironically it's the shameless and pathetic transparent ramping from short-term traders that is one of the biggest contributors making it so...
I strongly suggest Luckybob you dig deep and take that its the best news we have had in a long time and get behind it. I will ignore the Arthur Daley insult and the rest but why do you feel the need to! You can’t short it lol thats an amateur statement if ever I saw one. You need a better broker or an actual broker! We are talking deep pockets not pi’s anyway! I can’t abide shorters in any shape or form but the trading pattern here has been pretty odd for months. I suspect there’s an element of naked shorting going on here too.
If I want to post the market mechanics of a pivotal day and why then I jolly well will because I can tell you now I have a hell of a lot of capital invested here than the average Joe so I’ll sound as many bells and whistles as I like! This is not a pump on hot air rise or rumour this is probably the most key thing AZ has done is to get this in place. The IM is revolving & a huge income stream once the wheels begin turning it is not jyst 1-3% dead it’s IM with each company on repeat. That is then set in perrpetual motion which was the original model. We can also expect now green light switched on many more IMs across the multiple jurisdictions! I am delighted and so should we all. So Lucky enough with your misdirected insults! It is marked as a strong buy because it is! IMHO DYOR
Fisch - I suggest that you are making huge assumptions and your advice comes from someone who has sold out but forgot to buy the bottom. Have a try tomorrow because it is you who is the trader here not me. If I sold my position then the amount of my position would make it impossible to get that same amount back in stock. And I am not willing to do that for a long time yet. I really don’t need to be schooled or patronised by you on SYME! You’re giving advice at rock bottom prices with no skin in the game after key progress made! Lazy insults is all you have to offer! So perhaps find another stock you do like and take your trade elsewhere then! IMHO DYOR
@sharebel I don’t care what label you want to assign me - I’ve bought multiple times, and sold once. If the share price rises 250% I can still buy back in cheaper for what I sold.
Difference is I’m not the one getting my facts wrong (tHiS is the FiRsT I’m!!!!111222) nor throwing out unsubstantiated “rerate” claims.
I was invested for so long, I’m curious to see what happens here. I hope for the many decent LTHs on here and who I spoke with as a holder will get a return or at least a chunk of their investment back. A 50, 100, 150% spike sadly won’t do that, hence the cynicism I and many others hold.