Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
I think we are all looking to explain the £100m in buys that have had no effect on the share price with a sale value of half that this week. Normally you would think share price would go up if twice as much is bought than sold = conspiracy theory. New theories welcome!
Zen like filtered
Q. I don’t think this had been seen to this level in a uk stock. Burford was different. This is a company with massive infrastructure, 20000 staff in a future proof industry and strong profits. I think it will be a template to how short attacks are handled in future. But so far no one had attacked the services they provide and their market leading position. But if you wanted an example of a turnaround from an unprecedented short attack I think Tesla. Eight months ago this was £1.80(ish) and shareholders had lost £10’s of billions. It’s now 400% up since then. I have no doubt that this stock is not trading solely on sentiment, the volume and buy/sell ratio doesn’t fit. It’s being attacked. How do you explain Burford and Krupa asking for regulator intervention? If there is fraud, then nmc have hoodwinked auditors, 2019 independent review, capital group and exposed themselves to an fbi investigation (Freeh). However, no-one investing client money will but until the report is out and pi’s are scared ****less. The only way to guarantee a loss is to sell. I can’t see it being fraud. Reporting is too stringent for that. So I would say 6 months to get back to 25, but lots of people exiting at 15-16 when they break even.
8000 shares at £14.
Think I need to filter myself for a month. Q, we will have to grab a beer when it’s back up to £42.75!
I plan to weather it. If it’s fraud (it isn’t I am sure) then all bets are off. However, I have to go with my gut, accept the statements issued and ignore the noise. Probably a few sleepless nights next week though. Feel a bit sorry for any panic sellers who lose a lot though.
So. Are you holding waiting for a recovery spectacularious? What do you think we’ll be at in a month?
Hi oom. Bullish is the wrong word. I am entrenched. However my post history gives my view pretty well. Has it gone to plan, nope. However, filtering out the noise, and the idiots there is no more new information, only speculation. Would love to have bought in at a lower level for sure. Nmc have not changed their plan, nothing is being delayed beyond what was promised, and the stock is being kicked around like a football. If the employer is outright lying, that will be a bitter pill to swallow, but on the basis of 15.75-7 in 3 weeks, this smells fishy from a market manipulation perspective. If the company is making £309m a year and can rebutt MW, then it’s a recovery waiting to happen. Fortunately most of my stock is diversified and I have a long time horizon, I don’t need this to recover next week. I don’t think it’s fraud. Overvalued at worse.
Tesla went up 400% in 8 months. Once this starts going up it will keep going up. If they make £300mprofit (expectations) this could get to £30 in a year. Is this a Tesla or a metro????
Don’t do it.
Absolutely. But I do think it’s being manipulated. I look at tesla/hilka and see massive recoveries. Don’t see this as a metro. I don’t think the share value reflects the volumes. My regret is that I am not getting in at these levels, the time it may take to recover. But I am not panicking. I have 10 years until I might need to sell (retirement) do 10 years to get over it. Still think (as does Burford, Krupa and quite a few posters) that this is market abuse. In the meantime, I haven’t sold my house, taken on debt to invest! If if gets back to £25 in two years, 3 years I make £100k. Just hope some of my oeics are buying this.
Don’t do £90k. I would be tempted to double up and average to about £10-12, and switch computer off for a year. But make your own mind up. For me, fully committed now, so just holding!!
Q. Re-read your previous posts, in terms of the information we have, what has changed? Timescales haven’t, nmc response hasn’t, Burford is a plus, Krupa support is a plus, £100m of shares is a plus (hopefully). It’s been a bad week for sure, but what do your instincts tell you about this company?
But don’t do it seriously. I have 8000 shares @ 14.07
You could be set for life!!!!
About £7.90
Wiped out everything I made last year (c.35%, and another 20%). Not ideal, but global leader in healthcare, affluent region, royally connected. This will not go bust but a few individuals are hoovering this up and will make a fortune. Oversold, volumes do not warrant the share price. This is more likely to do a Tesla than a mtro. Metro had too much competition from challenger banks, never made any serious profit.
Where do fti fit into the picture
Indeed. At least there is something going on. It’s either internal restructuring, or ii loading up. Either way, no suggestion of bankruptcy!
Indeed. The doomsayers are winning for sure, but we can only work with the facts we have. Only on the basis that NMC have not deviated from what they said they would do, I am happy to wait for report.
We now have a Burford court case against MW suggesting collusion and an ii calling for an fbi/fca investigation for NMC. There is an fbi Director leading a review and no II’s dumping stock. If you lined the pros and cons against each other, you might lean towards nmc. I do, but I don’t like going from +5% to -59% in 3 weeks. Holding.