Member Info for davey50

In this dire market I'd say it's a good rule to apply and that is not chase any stock where you have missed the lows and it's now 20%+ higher and that includes my stocks as well it's not just a deramp for this stock. It's just not worth the risk, you are buying just to let people in at 80p sell out for a quick 20%

i was not planning to return but reading all this tosh i thought i would bring some balance to the thread.

everybody on here is saying it's a bargain but nobody is explaining why. i'd like to know how a stock worth £120 mil+ with last reported cash of £1.6 mil and turnover under £1 mil is cheap. how much money do you think that hk generates because i can tell you it will be minimal, nothing to justify the recent hike in the valuation. keep it real keep it balanced not a chance on the lse anymore. in reality everybody on here knows they ****ed up getting greedy then they refused to sell lower for a loss and now they are in a big hole needing a big push to get their money back.

Flava the spread was 50-60%, when was that then ?, the biggest spread I saw in this was when there was 2 mm quoting 60-100p

I'll not be touching Barclays investment division if they think this is worth a punt unless they are offloading size for a client which is clearly what has been happening all along in this ponzi. No balance whatsoever on this thread, people posting it's cheap at 90p because it was 175p last week but forget it was 20p a month ago, this is not a £5 mil stock you know.

Not one post in all this desperate ramping tosh about why this is cheap on fundamentals or how the current market cap of £120 mil is justified.

Sorry but I've just popped in and read the biggest pile of ramping crap since the last page of ramping crap. It's just desperation to get out with a profit or break even.

Virtually no reward these days for taking risks, if the RNS was bad the price would have tanked and despite a good RNS nobody is interested. Gloomy times for penny shares until the culture of day trading goes and investing returns. If I was a multi millionaire I would prove the point of buying none stop until this is up 100% then you watch everybody pile in at double the price it's a crazy game now this market

Who cares, it loses fortunes and burns cash for fun, that is so amateur looking at previous placing prices as a ramp. The only thing this stock has going for it is that it is total rubbish and mm's tend to push rubbish not value/good stocks

All depends on the admin/operating costs. I remember them posting all these great numbers then getting a shock when I saw the costs had ballooned too, they say some will not be repeated but they are saying EBITDA positive which means to me they are still loss making, play the game Knigel and trade some if it gets chased up

Just a big gap on L2 this morning. One mm was 2p offer and the next offer was 2.4p so they should have went 2.1p or 2.2p offer which is the current price online so by going 1.9-2.4p on the screen they are trying to stop people from buying and it's working, should be over 3p for me and possibly 5p+ medium term

Ok just saying 120-135p I've just tested a 15k buy order and got offered 120p so they are letting you buy at the bid price which is weak. I'll not return now

Maybe but this stock was bumping along friendless at 20p for ages and with a decent valuation already then out of nowhere people are paying close to 10 times that price, I think you have all chased the spike without any consideration to the valuation or fundamentals. Reading their last interims turnover was under £1 million and cash £1.6 million, yes they have signed some deals but adding 150-200 mil to market cap just shows what a ponzi this market is, looks like the market and punters realised this late on Friday, hopefully you might get a dead cat bounce again but accept reality and do not fall in love. AGL used to trade at £300-400 mil market cap then the market realised it was ridiculous and now's £30 mil and still struggling for support, valuations can get out of control.

You really have to get a perspective of value though and the market cap was mental. It was £30 mil not long ago and then goes to £220 mil and why ?

The best and longest survivor traders or investors are the ones that realise they have made a mistake and just get out for whatever loss it is. I did exactly that on Friday with a stock I will not name, sometimes I look at stocks now that I sold in the past and lots of them are down 98%+ since, of course a few have also went nuts. I think the posts on here warning people it's a scam are very helpful, the valuation to me is crazy.

I go along with that, leave a small free ride on all flyers. I'm just astounded this got so high because I was also pointing out earlier at 175p it's a scam in my eyes or extremely overvalued but I've been saying that from much low prices, this market is 100% ponzi in Cdl they could not give away the stock at 0.4p, a few days later people are piling in 4-5 times higher so no wonder it crashed again and the same will happen here, do people not check the fundamentals anymore. Ermm minimal turnover and cash almost £200 mil market cap on the back of a couple of immaterial deals come on folks !

Thanks sellers got 350k at sub 1.1p...

Yes Amati will confirm they are out but with 5.26 million shares in issue it's still possible if the 154k buyer does not already hold they can squeeze off the register with just under 3%. 52600 is 1% so 3% is 157,800 shares.

Getting cheap here again, of course nobody touches it when dead and drifting but when it was flying towards 2p recently the buys flew in, you can now buy cheaper than the recent placing.

KS. Have you seen RCGH and the jump in market cap from £30 mil to £220 mil and the contracts that have caused this spike which in my view are crazy. I think this stock represents far better value and I remember buying this at 3.3p in 2020 and nobody would touch it for months after I bought then I was dumping them for 16p+ and even managed a small slice out at 40p those were the days eh

Do not know how they get away with it. Why are we sitting here trying to survive trading shares for coppers. Set up a company float it on Aim, keep issuing waffle Rns's and have numerous people pump the stock at all times and raise endless amounts of money. When do people realise this is the biggest ongoing penny share scams in penny share history

Excellent post lisa97, it's been suspicious from day one. I mean like others I have numerous monitors set up and it's been dead, no volumes, everybody clued up yet this stock with spreads like 50-90 and 60-100 having buyers all over it. I know no clued up trader would touch any stock with a spread like that and just 2 mm's, yes they have more now but it is suspicious and seems very iffy, some dodgy dealings and so long as the quick buck squad chase they can work all the big sell orders which they have been doing since the spike started

Wow 100k buy 11.94p, been some meaty buys yesterday and today something brewing ?

Happens every time, they shake it down on low volume selling then bang some buys some in and it's up 5-10% and everybody starts buying it again