RE: Having...25 Mar 2020 17:44
I actually did't accuse you Gold but I am having a pop at a few others..... some of them are the multiple id's of what I suspect are 3-4 people who 'work' this share. It is easy for them to do it because there are not many shares in issue, 90+ % of those don't get traded at all regularly either.
2.8 million traded today for a 60+% rise. That is less than 2% of the shares in issue. With Β£50-100 grand you can EASILY work this share up, and down again and the BB is very useful for ramping up and then pulling down sentiment.
48, even 24 hours ago we had the 1p brigade and 'It's going bust'. Now we have a load of muppets (not necessarily you) giving it the 'what's going on?'. I know who some of the genuine posters on here are but a good chunk are just fake id's of the crew who work this. They have made some very good money from it over time.
And they just made a nice chunk today.......
HOWEVER, what they cannot be sure about, now that RP's big bag of warrants are toast, is whether an interested and wealthy 3rd party will come in for a nice chunk of ZOE at these single digit prices in the knowledge that later in 2020 and in 2021 they could see a very, very, very, very nice return. They wouldn't do it before in case RP diluted them. John Storey was obviously happy enough with 6p and some interest.
The distro deal, when it happens will utterly transform the earning potential here. They must also be cautious about notification of seed sales. Think.
1 bay makes approx 1 million seeds and 1 bay matures each month. 4 rolling bays of 2500 plants.... Suddenly last Friday we hear we have 2.9 million fem seeds. Is that 1 months worth? No. 2 months? No. errrrrrr
NT has know about his seed stock for a while but did not have to announce it. He was waiting, just to be sure so to speak. If you don't know what for then just don't bother.
Along comes C-19 and the SP tanks along with every other share. Out comes the trolls playing the 'it's all over card' and scare a few more into folding... and then on this day the 25th March 2020 you get 65%. Do you believe in coincidences? Really.
So it's still cheap but may get played with. Or a big string of buys will occur soon from some rich types with real cash. Today might seem rather quaint. The wrecking crew have made a LOT of money already but they will now be on their tippy toes watching, watching because the game is afoot.
For us mere investors of the old skool, I would gently suggest you HOLD or nab a few more while you can. Ask yourself this question. Would you have been happy to buy at 5p a month ago?
ATB BH