Member Info for davey50

hmm wins go 0.7p bid and take a 500k hit instantly, perhaps another delayed buy is in the system around 0.73-0.75p

Well INSP is the latest to spike 100%. I bought VTDK last week at 1.33p and sold some at 2.4p this morning so penny stocks still can fly in this bear market. I'd love a spike above 1p for my remaining FLX shares to make up for the losses I took reducing the position to a more sensible size

Somebody has bought 2 decent lots one hour ago, seeing as both are delayed they are obviously connected. Price almost back to full offer because of them.

If those 2 x 100k are also sales there's a monster buyer in this stock. It was clear on Friday there is a huge buy order because so many pi's sold and the mm's took loads at 103+ then dropped to 102p and took loads again and then on minimal buys the price was back over 104p bid and even at the close of 101p they were bidding 102.5p and rising on sales. I expected to see big buys but the prices of those 100k's seem low to be the matching buys so they maybe are not printing the buy itself or maybe leaving it to Monday. Should be a Holding Rns coming soon of a increased or new 3% interest, the seller is out who battered the price because they must have been below 3% to start with because if it was any holding 4% upwards they would have had to issue a threshold drop of 1% by now. Apparently there was a institution push by the CEO last week and he clearly impressed one of them to start working a buy order, pi's are sheep, they see others sell and they sell as well and it's amazing how quickly a buyer can get a decent position without having to push up the price.

My decision to reduce was nothing to do with FLX themselves, for all I know they could bring out a update and say they are profitable and not burning cash now and the shares rocket. This was all down to holding a more sensible amount and when I saw sensible I still hold millions and considering the NMS is 50k I am still liable to be cut to shreds if I ever wanted to sell and the market has not improved but I'm not selling anymore until or news and then I'll decide then to hold, sell or even buy back and I may well buyback higher.
I've had 2 stocks issue great news and they have not rose or even had much interest so I am purely protecting my cash and get my eggs all spread out in the basket again. Big loss though, £10000+ on what I sold but a fraction of what I have made since 2020 so you put the loss out of your mind and sit tight because there's almost zero opportunities to beat the mm's atm with their criminal spreads and lack of buyers in this market.

For transparency I have sold some, nothing negative about the company but I've got over half my pot in one stock and this market is on it's knees and I'm holding far too many over NMS so took a decent hit to get the position more sensible.

Trying to score points because of the drop in the worst bear market probably since the war and then 1929. I look at my monitors and I can see 50 penny stocks all at all time lows with no support, everybody is too frightened to buy anything atm so I guess if you are a deramper then it's a good time for you to look good and yes if you called it this low well done. It does not mean anything is wrong. Obviously with a crystal ball I would be holding 0 FLX shares and I'd start nibbling size with affecting the price as little pi's sell and artificially drop the price. I mean they dropped the bid today on level buys v sales .

yep mm's are going to rape anybody selling now. 0.65p bid no premiums despite all 5 mm's sitting on 0.65p on L2, of course if you want to buy it's nowhere near that price 0.715p so they are always protecting themselves, this is happening everywhere...firesales

Probably on days like this you see the good side of TSL, it never took off when Block was flying and now it's not dropping too much when Block is tanking. I bet it's still around 30p NAV but in this market that means nothing as zero buyers out there.

1 mil at 0.738p, considering how dire things are and when I have checked it's 0.7p to sell online if that is a sale it's a very good price in this market so perhaps a buy unless something else shows up later to match it.

From the outside looking in though I'd take the cash off the market cap and it would leave a £7 mil stock with sales of half a million and losing and burning cash. It's growing but I have stocks growing with cash more than their market cap and in this market not a buyer in sight and all time lows. If Beepa starts generating sales in the millions then the market will take note but for now I do not see much value

Think it's out of their hands. All the directors were buying around 1p then probably hit the window where they cannot deal and that is it until they issue either a trading update or the results which are now not that far away, 6-8 weeks max.
What can you do in the worst bear market I've ever seen, it's fire sale prices for those that are selling out now, seems to have gone past the point of logic but people keep selling.

Bear markets are brutal. All it takes is sub £1k sales to take 2-5% off the valuation day after day. £800k sale today and price quickly drops and not a buyer in sight here or anywhere. Anybody who went all cash a few months ago is loving this while people like us holding millions would get slaughtered if we rang and asked for a bid/price on a holdings now.
Did you speak to management Roly. I was going to try today but you might have saved me the trouble ?

Thanks, I'm guessing you long termers have already fired the bullets re questions, will be a interesting listen for a person knew to the stock but seeing their is a long history of disgruntled shareholders.

Somebody mentioned something is happening today, is it a webcast ? They wanted to listen before making a decision on the vote.

I wonder if there is a trade here purely on people taking stock to try and win the votes in their favour. The directors surely are aware of this plot so they would have to pile in to protect their own jobs, others will buy in or more to vote them out so you might get a good squeeze soon.

bigdouble. If there is a plan to stop the deal and replace the board I'll vote no and I have 3,645,991 shares

Ah the old fake I will buy in way lower deramp, if it's that bad a stock then why do you want to buy at all.

Derampers seems to be everywhere atm, but then bear markets with so few buyers around it's easier to deramp than ramp

I will attempt to contact the company this week and ask if they intend to put out some kind of update because at all time low and trading below last reported cash they should be saying something especially as I believe nothing is wrong...I hope

I can deramp bad stocks like warning people in Vast when it was over 2p they should get out and the valuation was nuts and it's tanked since but I'd not deramp a stock where the sum of it's parts looks to be a potential 4-5 times more than the current price, that is a dangerous game to play.

Do you hold any shares MRC ?