Member Info for Crocqman

Ah, the infamous 2016 (!) article again that all posters refer back to that supposedly proves the whole of AIM is corrupt and being shorted by everyone.

I know AIM shares can be shorted.
Not by PI's though which is what we are talking about, and the constant, and tiresome belief than any PI who makes a negative comment is shorting.
In more than 3 years on these boards, I have never seen anyone post any evidence of a PI being able to take out a short on any AIM stock, or any broker that was willing to accept one from a PI.
There was one poster on the ukog board who had a small 'down bet' for a while (not the same, nor is a CFD really imo) and they said that even this was extremely difficult to do.
Anyway, last post from me on this. As ever, the exception always becomes the rule on these boards.

All imo. DYOR

Sadly RT003, posters will, in the main, continue to believe the exceptions rather than the rule.

This will only increase following a post doing the rounds on several other boards last night where someone claiming to have been a sacked hedge fund employee has 'taken revenge', and outed a number of user names on LSE, suggesting that a group of them were employed by the company specifically to post negatively on these, and other site boards under multiple user names, and the tactics they used to do so.

It was an interesting post indeed.
I looked at the post history of the user name this person had claimed to be out of interest and there were posts across a dozen or so boards (none that I was familiar with and I did not recognise any of the dozen or so user names given). Funnily enough, their particular user name was still being used several hours after this sacked person had raised the alarm

Trust no one!

First line should of course read 'do NOT and never have....'

I can categorically state that Jupiter do and have never employed anyone to do any of the things that have been suggested on these boards lately.
Their short position is a TINY % of their AUM, most likely on a small long/short fund run by one of their specialist managers.
Some of the 'theories' posted on these boards are plain ridiculous (and not just in relation to this).

There are no games, as seems to be the answer to everything on here.

No doubt I will now be accused of being part of 'it' from this post.
gla

Personally, when it comes to small caps, anything could happen!
Companies often have big SP rises for no rational reason which does not make sense, and then drop back quickly, again for seemingly no real reason.
Investors tend to see something suspicious behind the drops, but are too busy commenting about their gains on the rise to consider whether it was justified.
Highs seen in early stage growth (often on no more than hype and expectation), often lead to the thinking of big SP moves on every good RNS release, which is often not the case leading to calls of MM games, frustration, etc.
So difficult to make accurate valuations due to so many variables and unknowns, and trying to compare to peers is often a fruitless exercise.
Happy to continue to believe in what the company are doing. Comms are excellent, and progress appears to be at a good pace with plenty of avenues of potential still to be factored in.
I will stick to news and watch volumes for any real change in sentiment from the wider market, and anything of note with the fundamentals.
Don't have any SP target here, per se, will just hold watch, as there will be peaks and troughs as we have seen already. I suspect the ranges may well be wider though.
It will be an interesting journey here, in an exciting company.

On the big order question, I have not really been following the trades of late.
My experience of large orders is that as volume is often small, we would generally see a single large trade towards the end of day for that particular days' 'fill' which is processed at the average price achieved over the day.
Large trades will often be at a limit price, and traded as a % of adv (perhaps a bit general)
Just imo.

What is it with the obsession on these boards of calling anyone 'negative' a shorter?
I have nom filtered, but it it is extremely difficult for any PI to find anyone willing to accept an actual short position on any AIM stock (spread bets don't count).
The term 'shorter' just seems to be bandied about by lazy posters, who (generally) do not even understand what a short is.
It has just become something posters pick up to use as a petty 'insult' just because they have seen others mention it, and is as tiresome as the 'MM games' posts that people make because the SP is not doing what they want it to.
BB Myths and legends, the preserve of the every day poster.
Just my opinion.
DYOR

No one is shorting this, and if there are any positions, they are way too small to have any impact on anything here, as nothing has been disclosed, as required at the required thresholds.
FGS, how many more times, the volume is tiny, and shorters need good liquidity.
Please show some evidence to back up these claims (spread bets do not count, btw).
There is NO pattern and the prevalence of 'shorting' on these boards regarding pretty much every AIM share (if you are to believe the postings) is complete BS, it is not rife everywhere as the myths and legends state it to be.
DYOR

Suggest a new thread title to remove the negative subject headings.
This is AIM. Get used to long periods between news at times, and seemingly company inactivity when we don't get updates or interviews every week, it doesn't mean there is nothing going on.
Too many nervous PI's here demanding updates, and why, because the SP is not where they want it to be?

There have been 30 announcements this year.
Ok, so not all will be 'news' as such with some being standard requirements, but there has been a lot going on to date, a lot expected in the coming weeks/months, and the company is in a lot better shape than anyone would have said this time last year.
No?

We've barley reached 1% daily volumes in weeks, so hardly anything to be concerned about, imo
For me, its' still End Q3, beginning of Q4 once THG (and others, hopefully) start gong live for any real change here.
Will be looking out for any figures released in Q4 to properly gauge the success of the launch.
Happy to wait
gla

Yes, thanks MajorOak,
This is a great board with plenty of good information shared in a respectful way.
I hope it stays this way for some time yet.
gla

Moaner and fearmonger, Tbb?

I have made 6 posts here in 30 days:
A comment on ExtremeE and the potential for leaving a legacy
A welcome to another poster
A comment on possible broker/analyst coverage of AFC
A comment on possible Hedge Fund/Fund House interest in AFC
Outlining a recent sell and reasons (which you clearly disliked)
Suggestion of the tour de France as a possible avenue for AFC to explore due to their new 'green drive'

Please show me a post where I have moaned about anything AFC related, or tried to fearmonger on this board.
I have never posted anything remotely negative, or disparaging about AFC

tariq,
No offence intended, but you have asked the same/similar question on multiple boards in virtually all of your posts on LSE, this post is even a full copy and paste effort that you made on a different share.
I would suggest that you dyor and not rely on posters on these boards to help make your investment decisions for you and tell you when to time your entry/exit into any stock.

You may be an investment newbie, and I accept that everyone has to start somewhere, but just asking others to help you make these decisions for you is not the way, and suggests that investing in AIM may not really right for you just now.
Gambling on black or red seems to be the approach you are taking currently, and yes, you may get lucky, but you could also lose too, as I and many others here can attest (those who claim they are always winners are lying, imo).

My suggestion would be to read the company website, read the RNS announcements, watch interviews, and learn how the markets work before you look to invest.
Ask specific questions on here about the company, or general questions on any investment issue and you will get a variety of replies, some better than others, which you will have to judge for yourself as to which to listen to, or ignore.
You will likely be better received too, rather than just asking if now is a good time to buy and what will the SP hit and when.

And anyone who states a future SP as a 'certainty', I would take with a pinch of salt. A possibility, yes, but nothing is ever guaranteed, or a certainty when it comes to investing, especially on AIM.

Only invest what you can afford to lose and take responsibility for your own investment decisions (i.e. don't blame others for any mistakes).
Please dyor

Sorry if this sounds harsh or condescending, not intended.

Good weekend all. Has held over 1p here for a couple of straight days, a nice start. Let's see what next week brings

I will have to disagree on this theory of placees looking for a quick profit.
It seems to be standard practice on every board that all placees are either forward selling or taking their 5% profit at the earliest opportunity, or just duping shares if this does not happen.
If this is the case, then the placing brokers are failing in their remit when making the offer which is to target existing shareholders, and potential shareholders interested in the sector, and for potential investors to be there with a long term view. It is just not in the company's interest for placings to be targeted at investors who do not believe in the company and the future potential
The brokers do not just tout the shares around everyone, it is a strictly controlled and regulated process (under MAR).
Sorry, but I just don't buy this theory, although I do accept that for smaller cap companies they will have smaller target markets for the brokers to try place to, so getting a placing away could be harder to achieve.
There are always exceptions to any practice, of course, but the exception does not become the rule, as seems to be the suggestion when it comes to these boards.

The volumes here are tiny of late, under 0.25% of shares in issue on most days over the last 3 months, with only a few exceptions. Hardly a sign that people are dumping shares either, imo
The share seems to have found its range for the time being in a quiet period.
It will be news, a change in sentiment, or general market conditions in the sector, or as a whole that will determine and drive any change going forward, just as it is doing so currently.
Nothing has fundamentally changed here for me to review my position, happy to sit and hold (despite being down circa 30%).
gla

Agree mr_slug.
At the outset some here were expecting THG on board at the start of July when the RNS has always clearly stated at the end of Q3.
And let's not forget, it also states that it will be rolled out over 12 months, so will not be all 30+ THG brands at the outset either.
Good to see the arrangement confirmed today, but still much to do, and its time now to get other companies on board too.

Personally, not expecting too much on the news front to really get the SP moving until Q4, so although any news will of course be welcome, and I'm happy to be surprised by any rabbits they manage to pull out of their hat in the meantime.
gla

Not sure the locals would thank you for calling them peasants, Gaspunter

What is your point?

This shorting argument seems to come out on every share when the SP is down, or not going up daily like people expect it to do.

Shorting requires liquidity.
If there is no liquidity, anyone shorting will get caught out badly if things change quickly. Shorters do not like that.
Today's volume is just over 0.1% of shares in issue. Tiny
Daily volume has only exceeded 1% of shares in issue once in almost 3 months, and even then was just over 3% of shares in issue on the day of the Wressle update. Still very small..
This tells me quite clearly that even if this was being shorted, it is not being shorted to any extent that the SP is being affected in any way, just like on virtually every other AIM share that posters keep blaming shorting action on.

Just my opinion. Others will no doubt disagree
gla

Agree, v-i-i, interest will likely be more from specialist funds in the short term where they have the knowledge and analysts available to pore over the info and make informed decisions based on their experience in the sector.
Also agree on the take-off agreements, potential government/local grants/funding, and perhaps also using drill result figures to obtain funding similar to RBL in the Oil and Gas industry, as a move away from placings for better deals both for the company and shareholders

I think we are still a way off before any really serious interest from II's.
There may be some dipping their toe in for small amounts, and we do have some TR1's, but for the many, they will want more certainty, and will be happier to pay a higher price further down the line.
They tend to be more risk averse that the average PI, and the current MCAP may well prevent many from taking a position here due to their portfolio restrictions.
Some could be taking an indirect position via ODV though
Could be wrong, of course, just my thoughts.
Happy to hold and wait for ongoing news though, as all looking good here, regular updates and plans look to be sticking to timeframes
gla

I thought it was supposed to be around 8 weeks, but that took us to the middle-end June.
I posted a while back the possibility for some extra hoops possibly needed from a source document I found on a search (re: appointing NED's, lodging accounts, or such), but another poster countered that this was only if other parameters were not met, and that it all looked to be in order from an application perspective.
It seemed to be a fairly standard process, so would have expected news by now, even if there was a delay.
Not sure it will have too much of an impact, but will be welcome nonetheless