Member Info for AndyCompanyZ

A lot of ifs in that scenario

How do you see Vela making up it's losses from the holdings it now holds...I know it could cash in its options but that's only £4m which isn't going far spread over 16bn shares. I can't see any amazing buys that will pull in huge profits from its current portfolio...even they admit in the RNS that they made some bad buys and those shares are "languishing ".

At least they say they are committed to keeping costs low so I assume that means the BOD will be forgoing any pay until the company is back in profit.

How long have you held/lost money in this company? I see you've only been on LSE since last year.

Quit with the "patience" line Lvu333... for any LTH it's no longer patience that's needed...we ran out of that a long time ago.

Did anyone expect a good results RNS today...I usually dread them because without fail the SP drops whenever they release one. The only time the price goes up is on rumours.

Still in but poorer by the day.

How long is patience lvu333? Been here 3 years and it's wearing thin. Every time there's a rise as sure as light follows day those gains fall away. I've been caught out too many times now so i just sit and watch my money go down but with slight moments of excitement once every 6 months. I have written the money off by offsetting with more steady shares that at least pay dividends...I can't imagine that ever happening with Vela

Almost jezconnor..but only if you subscribe to the paranoid sheep like (oh the irony) side of the debate. Did you not read Hot Zone back in 1994...the warning was all there.

It's alright the Daily Mail are on it...no panic.

Yes dropping rapidly

They are a pain...though if you make a fake sell you get a true price. But today I see they have Buy at 0.03 and Sell at .027

Charts are a nice hobby but like astrology they aren't based on reality. I studied them for years and realised you could find an indicator for any scenario you wanted...EMA, RSI, Bollinger, MACD etc. they are all doing the same thing, like religion, they make people feel they are in control of their destiny- in this case their money and the reality it's, the impossible to track, huge amounts of individuals that decide whether to buy or sell their shares on an equally huge amount of reasons, are they investing, are they trading, are they losing money are they making money, does their child need a special present, are they in debt...the list goes on . They are fun to watch but personally I would not base an investment on them...if they did everyone would be able to beat the market...and they can't.

Still a long way until profit for myself and a lot of LTHs. Nice that it's a good rise to where it was a year ago though. Still staying in but stopped buying more a long time ago.

Or maybe not...who knows...no one on here that's for sure.

That subject line got old quickly. I expect the SP to have sunk to about +5% by the end of the day...as it always does after big news.

Yes THGambler that's what I was getting at. I saw someone on Modes chatroom saying they hoped Mode wasn't going to be another Vela.

A change of name is worth 30% gain apparently...what should Vela change it's name too?

User no longer on LSE

This is news from March...why post now unless you are also a bot

That post looks suspiciously like it was posted by a bot...the number of previous posts, the name of the poster( a name followed by a number) and the rambling length of the text. There were a number of similar posts on other chats over the weekend. It's best not to act on anything posted by anyone on LSE as nothing is to be trusted.

Google?

I remember those heady days. When talk was of it reaching £1...I'm hoping this rise keeps going at this pace for the next 10 days and I might get some money back. I'm a long way down on this despite averaging down a few times...but always kicking back down by the company issuing more shares.