Member Info for Brentw1

I seriously hope this does not end in tears for a lot of small investors who seem to be getting carried away.

Yes this is an interesting idea. No doubt about that.
The main driver for the share price frenzy seems to be a memorandum of understanding with a company in the Middle East. That needs to be converted into a concrete contract and that is not a given.
With 32 billion shares issued, talk of 58p a share would value this at FTSE 100 levels (nearly 3 times larger that AVIVA)
Just keep it real folks.

(and now watch me get savaged for suggesting a little caution, particularly if you can ill afford to lose money).

If you could be bothered to do some basic research you would know that SYME have stated that they will not finance under £5 million...............

I'll give you credit SimonF...................you're a persistent and truly dedicated de-ramper

That was excellent timing for the SP.......topped up on the drop. Thank you.

I agree that is not a 'speeding ticket'. Its rather clever actually, just read between the lines.

I'd love to see this carry on to the close and register 200% up for the day. All my winnings from Syme over the past two trading days are in now. This has substance and momentum so I can see it really going.

Trading days that is of course.................

Had five figures out of this in the past two days so I'm done and out. I hope it carries on for you guys and girls so best of luck and don't invest more than you can afford to lose folks! :-)

Mornington, thanks for the tip-off this morning. Did the same as you and popped my SYME profit in here first thing. Just topped up as well on the dip. I owe you one :-)

OK, got my original investment out so lets see what happens. GLA

Then should carry on.....................

My research showed SYME was SETqx so does have MM's at times. Below is the description from LSE.

Actually, you are making the same mistake that I did yesterday. This is not a pure SETS stock, it's SETSqx (check on the London Stock Exchange website.

See below an excellent definition provided by Weathergeek yesterday from the LSE website.SETSqx (Stock Exchange Electronic Trading Service – quotes and crosses)

"SETSqx is a hybrid trading system, combining features from SEAQ and SETS, and is designed for securities with reasonable levels of liquidity, but which may at times require market maker quotes to maintain levels of trading. As such, the electronic order book is split into a quote book and an order book – the quote book being the listing of quotes by appointed market makers, and the order book being electronic orders entered as they are on SETS."

We are not a police state (yet!). I might not agree with some of the points but in no way can I see how the post is abusive.

Opps! Managed to split Weathergeeks post with my comment somehow, fat fingers!

My research showed SYME was SETqx so does have MM's at times. Below is the description from LSE.

SETSqx (Stock Exchange Electronic Trading Service – quotes and crosses)

Actually, you are making the same mistake that I did yesterday. This is not a pure SETS stock, it's SETSqx (check on the London Stock Exchange website.

See below an excellent definition provided by Weathergeek yesterday from the LSE website.

"SETSqx is a hybrid trading system, combining features from SEAQ and SETS, and is designed for securities with reasonable levels of liquidity, but which may at times require market maker quotes to maintain levels of trading. As such, the electronic order book is split into a quote book and an order book – the quote book being the listing of quotes by appointed market makers, and the order book being electronic orders entered as they are on SETS."

Done

"Expecting this to bolt up to 0.50p in no time at all....people are still working out just how big uae involvment will be...my guess...huge...people are selling and taking a profit....but more are buying and holding..."

Make your own mind up about this poster......................

Apologies and you are spot on. Happy to be corrected!

Yes Jedny. But you have to do it using what most brokers call a bed and ISA. They will sell the shares that you want to protect and re-buy them immediately after the sale for the ISA. It's the law that it has to be done that way It should not cost you too much but watch the spread on the day. I did it a few days ago with my HEMO shares, they sold for £17,609 and by the time they popped up in my ISA they were worth £17,556. I then topped the ISA up with cash to the full £20K allowance and bought some SARS with the money. Hope this helps.

You can decide whether you tell the taxman of course.................but don't worry, your broker will if you sell enough to trip the liability! It's all part of the big brother is watching you money laundering and banking practice legislation.