Oh - and a bounce DID happen - from 42p - but you missed that and now feel the need to be a wise cat telling people how bad this company is and that it will only get worse... thanks. Advice taken! :P
"Expecting it to halve as the news gets out and around."... Um.... I think a 65% drop is more than half last time I checked... half would be around £1.10... so by your logic we are oversold ;)
You worked with the new coo and have come on here to warn us. So nice of you. I'm sure he would be happy to know that you are seeking well of him. Jeez where do they come from??
There will be plenty of games tomorrow... Bit think it will end up on top risers board. News dependant. They have probably allowed for worst case scenario and once investigated it may be that its better than they thought. That's how I would play it in their shoes anyway... Go for worst case. And report better.
Fair enough. Point made. I think you are missing it as a trade however but hey. If you don't like the risk don't do it. My target is 70s. Tomorrow or Wednesday. Assuming no bad news. Let's see.
There are risks of course. Like any share. It's a traders dream now however.
And those trades.... Well no worse than the 7mil reported in the day which then once reported the price rose.
No one has a crystal ball but I'm willing to take risk reward here.
High risk high reward. Not for widows etc...
A lot of people didn't notice it today imo. As it was in top fallers. If we get sane movement up tomorrow from 44p to here then people will notice... Let's see. Have a good evening all.
How many companies on the ftse have had these issues. A few. Most come back stronger :). Way overdone. Even you must admit that £130m odd off the mcap is too much.
Never been NT to sell. Always getting quoted apart from when in auction. Currently above bid. So hey it's a share to avoid. High risk Yes but calculated one.
Old bod flushed... Investigation happening. Something taking place. They will not lose confidence as they have admitted to wrong doing and acting on it. That's what the lenders and customers will want to see... Imo.