Member Info for davey50

Due it's usual spike and chase before resuming the down trend, punters love this stock when it's moving so always worth a trade so long as you do not hold it too long.

Where's Earl with his 10-15 bagger and Elon Musk posts ?

Anything brewing ?

Just a little glut of buying at the open

Somebody had a nibble first thing still around mid price to buy 0.174p

Is Elon Musk buying Zen then Earl lol

Can you hold any stock more than 1 day ?

Funny no posts on the news from Earl. This was amazing last week a massive multi bagger with Elon Musk going to buy in and now silence :-))

Different share accounts. You cannot have all your money with one online broker incase they go down/outage for the day so you have a couple that way you can usually still trade. It's a bit like the internet. I use the main internet here but I have a backup from my phone incase it goes down. I remember online trading 20 years ago it used to be murder when it used to go down for the whole day now and again with no backup.

NT at 5.4p now, even with the odd sell there is clearly not a lot of stock out there so once a couple of buys come in again the mm's shut down the limits

Seems positive to me I took the 50k's at 4.05p and 4.1p, not fussed if it drops initially I'm not a desperate day trader who buys and sells for a loss within hours.

NT to buy at 5.1p 2 mm's went 5p bid, all looking good until it gets to 5.5p and everybody sells again.

My thoughts are no matter how good the stock is according you, how many baggers you say it is according to you that you will not be holding this stock this time tomorrow. Everybody knows your game Earl, not sure why you continue to deny it.
Is Elon Musk still buying Groc or have you long moved on since dumping for a loss ?

Earl joining dots is one plus one and getting three as he holds every ramp for a few hours then moves to the next

This is just the current penny share market. The mm's upp the price, then sit and sell down stock 0.19-0.22p, then they shake it down on very low volume and they get a huge pay day buying it all back 0.15-0.16p. I mean there was 20-30 mil of buys yesterday first hour and they have dropped it to new lows on a fraction of that, they are doing the same everywhere and I cannot blame them because 99% cannot hold a stock more than 1 day so why should they spike prices, all they have to do is stay put and drop the price and most people sell for a huge loss and mm's win again

Would love to be able to short this, can anybody get a borrow ?

So yesterday it was 4p to buy, today they open 2.5p offer and the mm is selling down unlimited stock and you think they are not forward selling. It looks very very obvious to me placing stock is being sold like all placing stocks get sold on morning of the news

"no sellers about" lol at the ramping. Just a broker with tens of millions to offload !

Generous pi's broker pays 2p and people are now paying 2.7p a whopping 35% profit

Think I'd want nearer 2p than 2.5p given how many shares they will want to push on from the placing, lots of people will not be rushing in for now so could trade lower than 2-2.5p

Certainly agree with that. I think anybody new to the game will be getting a harsh lesson into how bent the system is and how most stocks operate for salaries. Given it's history though of spikes and ramps it might be worth buying if you can pick them up sub 2.5p and leave them for a while. At some point it will trade above 5p again on a contract Rns spike no doubt

Basically a squeeze and current markets where punters will pile in blind anything up 50% for a fast buck and squeeze the price even higher. If you look at Meal that is getting delisted but punters pile into that like it's a good thing.
There was basically so little stock about that it only took a small amount of buying to get it up 30-50% then a few chasers took it up 100%+, seems to be half the battle in this market now, nobody is interested if the fundamentals are great or dire it's all about a fast buck