Member Info for Callaway

Maybe they stopped investing in fb ads temporarily?

I might have missed this, but where / when did we hear from Arden that results would be out by end of May?

Fair or not, let's worry about the SP post Wireless :)
Like you've said in a post before, likely to see gains as we get closer to / close out that event.

No point in selling into a significant event for the company. If anything, load up. Then if you want to sell, sell post Wireless.

Very good news. The 'Life from...' concerts are great, but having an official festival with a brand name on its own is helpful.

Well said. Total agreement

I think whenever something is announced, we will have to get used to not believing the stated timeline. They seem to deliver good things, albeit very slowly and not to any timescale known to man.

Given the US focus, maybe it'll be announced as the americans wake up

The guy is just bringing a potential technical issue to light... Don't think he's saying the company is doomed...

Agreed. John Legend is a big name. Wasn't expecting a name of that calibre. Well done. Looking forward to another big name for next weekend.

I believe there is resistance in the chart at around 4.95p.
For banks, 50K is not a huge sum of money so they can sell to maintain the price below resistance.
This is an amateur's take on the situation...

Nicely predicted. Great news.

A1ex - Fair play. I respect the honesty. £79 or £30,000 - it's all relative so no shame in that.

Embers - Thanks for the clarification and hope your prediction is accurate.

No intention to open up a discussion of relative wealth, just stupidly thinking out loud, none of my business anyways.

And also, I am always surprised at how wealthy everyone on this BB seems to be and how often people are topping up.

I hear people having 'significant sums of money' (50k-7 digit sums recently mentioned) in this stock. That means you are either all guns blazing in this share or super rich (which would imply you have something better to do than post on a BB...)

So you messaged a stranger on LinkedIn who left the company she works for (and would have signed an NDA) about share-price sensitive information, which she freely gave out. You then took that confidential information and posted it on a public BB to prove that your prediction of 15p is right?

Of course I did mean 6p. My mistake.

All LTH - brace for some short-term headwinds. We've broken the upwards trendline and selling momentum seems to be upon us. We shall hopefully be back over the summer to challenge £6 with some decent news.

Share price action today was really encouraging. Was sure to see a large drop after seeing yesterday's climb.
Was surprised to see the buyers return over the day - evidence that Muddy Waters does not have a material impact on the share price anymore.

Is the reasoning that they raised the cash last month as a 'bridge financing' to sustain themselves until an acquisition is finalised?

I'm looking to understand this reasoning behind the buyout that seems to be consensus on this BB.
What is it that makes you think they will be taken over? Is it mainly that they don't seem to care about retail investors?

A1ex - Thanks for the reply.

I don't disagree with anything you've said. I guess I'd personally just differentiate between credible negotiations or expressions of interest vs. a longer term belief. I'd be thrilled if they got taken over at a good price, but until there is any credible evidence pointing in that direction I wouldn't count on it for certain.