Member Info for barnetpeter

Yes I think you are right. Some hedge funds that sold puts on oil have been ruined tonight. Markets could get very scared ....this was an extraordinary sight seeing oil contract ending minus 37 dollars. It might see a big sell off in other markets.

The hedge is good.....but the reality is that the World is full of oil.

Well.....the oil refineries are full, hundreds of full tankers on the oceans, almost no demand. 350,000 company oilers in the World and millions indirect employing vast numbers. Tonight is the start of a complete collapse in the oil price I suspect and nothing will stop that.

The question is.....is everything already in the price after the big rise? The newspaper article was very positive but suggested this. The company are certainly doing really well but the price of NYCT is up 70 times already. I am not sure myself if this is just going up a bit and down now. What do you think? No rampers desperate to push their own position please. We need genuine discussion ....is this the highs or what?

You are right that in normal times 125% is fantastic. But in these crazy times? As an example William Hill is up 350% from its lows.....having not really moved for a year from £2 it suddenly falls to 30p. We really are going to miss stocks going up 200 to 300 per cent in a couple of days when this is over. I have nothing negative to say about NCYT.....its amazing.

Dan Go This stock will be fine although it has gone up a lot so it is now becoming very volatile every day. Up a hundred down a hundred. I suspect the revenue and profit figures will be fantastic. I am in here from 75p and 64p and more buys in the 100p levels. Am I anxious to sell? No. Would I tell others to buy this? No. Simply because £10 is "only" 125 per cent away and in these bonkers markets there are other stocks that might go up 500 per cent. A stock I bought three weeks ago was up 18 fold today. Bonkers. This is not how it normally is! NCYT is really exciting ...look at the number of trades today. Last year there were days when this stock hardly traded. So dont worry about the minute by minute changes. They dont affect the company in any way whatsoever.

Twitter going mad tonight so time for tils tomorrow?

bought these at 42p ....not done much but I guess been spoiled by other stocks like this soaring.

The news is good...the company is fine. Now it is a matter of waiting to see if bars and restaurants can open. RBG can survive for some time now.....and it can sell a couple of its best bars for a couple of million. But it cannot continue shut for ever

But at what price? 8p? 10? Very bad time for a takeover imo. I suspect shareholders would expect a lot more than they would get in a cash offer

Got some to sell at 25p. That’s a 25 bagger in three weeks. Look I need the money! Got a wife and three teenagers to feed and boy can they eat! And drink...

Yes indeed....this would need to go to 80 pence to match NCYT. These mkts are crazy! we will look back in ayear when a 20 per cent rise leads the way and groan.....!!!!

From just 0.7p to 18.5 in just three weeks. Now that is a rally lol.

Wow and ?? 15 bagger in less than three weeks. Makes NYCT look slow. Will I get a 25 bagger by close tomorrow. Loads bought at that price ..,the seller dumped 32 grands worth at 0.5p. Anyone still holding any from then??

Less than three weeks ago you could have bought these at one penny. Brave buy and good luck! I am holding for 20p and a twenty bagger myself

Ten bagger now In less than three weeks. All because of a huge seller at 0.5 ...why would you do that???

Up 50 per cent. Not dead yet then. Still holding some free stock from the big spike and maybe there is still some value here

yes....dont understand why folk would sell

The fact that a lot sold today......not me......is helpful because it means the sellers will have to buy back. The fear of missing out will rule

Paid 6 for these ...daft move I guess.