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My sale at 9.08p (purchased at 7.86p) on 19/02/ is looking well-timed...! Not. Great succession of RNS', the Q3 results look healthy given the circumstances and surprised to see share price action this morning, although we're still in silly hour. Well done to all those who held through February - especially first few weeks.
I'd bet my left testical on the SOA being approved and AMGO recovering many multiples from here given the TR1s. Learned a valuable lesson on this one. Watching share like a hawk to see if I get an opportunity to buy in.
I err suppose this is where I'm supposed to de-ramp?! :-)
Avacta is firmly on my watchlist to buy in the morning (assuming I get the opportunity), and I understand Boris' roadmap and how testing is going to be fundamental to reopening society. I've noticed on this board and elsewhere that there seems a very high degree of confidence that it'll be the Avacta test that the government will be using, but where does this come from exactly? What's driving this?
Disclaimer: I am just being a bit lazy, and probably a bit thick - this is not a question to spread doubt, just trying to research! I've seen the epic squabbles with ODX holders on Twitter, so thought I'd add this just for avoidance of doubt :-)
My reading is also that Bybrook are shorting, so I sold out at 9.08p for a small profit. That TR1 leaves me somewhat nervous, whether that's the right decision time will tell, but fingers crossed for LTHs - this is still a binary play with SOA news due very soon. I can't see it in anyone's interests for Amigo not to restart lending, but could be a little bumpy (if it hasn't been already!) until then.
Reading some posts on here reminds me of the Karen posts on social media about social distance not being properly observed in a local supermarket - "everyone is ramping/de-ramping/not talking about the share except me."
This page has descended into anarchy. The Telegram Group has some good researched posts, but punctuated by 100s of largely irrelevant chatter. There is very little to say on SYME. The share is delisted, there has been only small activity that us investors can see, and we're waiting for what I hope is great news alongside the share being re-listed to see us well north of here. That is all there is to it.
The fact there are still 100s of LSE posts, Telegram posts and Twitter posts is just inane drivel, but it does give me confidence that the fact this share STILL gets so much attention means there's something here. Even the LSE/Twitter accounts that are dedicating to finding fault have a borderline unhealthy obsession, whatever their motives are. Lockdown, the sniff of multi-bags and shareholder hysteria are making for a crazy combination.
Tune out, enjoy the peace and quiet, maybe think about diversifying your investments and buying a second share, and wait for Alessandro to blow the bloody doors off. Patience is all that's needed here.
(Yes, I realise the irony of this post, given it's no.49263 of SYME share lockdown without new information.) :-)
Happy days - what's caused a 10% rise I wonder? Leak of news in the morning?
Spot on HarrryM - remarkable that SYME continues to be one of the most discussed shares on LSE despite being suspended. Whether you're a shorter or a longer, I think all would agree there's rarely a dull moment following Supply@Me.
The fundamentals are there - the company just needs to be allowed the time and space to grow and, for my money, the profit will be very much in the pockets of the longers.
This morning's initial share price action was typical of a market over-reaction to news perceived as negative. Ring-fencing the customer complaints was always on the cards, and for me there were no surprises this morning.
Bought back in (held in the summer, sold when prices rose with the JB saga) as sub 8p is great value for my money. Recent Director Buys at 9.xxp during November reinforce this assertion.
Glad to be re-aboard the rollercoaster. :-)
Ooh hello! Finally broken 21.5p.... will make for an interesting close to the week.
You missed out: Americans online soon; wouldn’t want to be out of this share over the weekend; buys pouring in; don’t get many opportunities this big on LSE etc.
If you’re going to ramp without substance, please do it properly...
Stock tickers - prices used to be printed on ticker tape, but term “print” when referring to a price has persisted.
Antiquated term for a technology stock. :-)
Hopefully his prediction comes true - quite the lunchtime MM shake today!
Speeding ticket is where board issue an RNS following steep share price rise saying they don't know the reasons behind the rise. The board are obligated to release such an RNS if there's no tangible news behind a sharp increase. This invariably causes a big sell-off and share price to steeply fall.
I bought in Friday and sold this morning just an hour before the RNS, so I'm feeling somewhat smug. I hit my 50% profit target, and as much as I buy into the story here, I tend to stick to strict rules on entry/exit for most of my investments which has saved me on a few occasions. (I have also been caught out many times also!).
ORR hasn't fallen as far as it could/should have done on the issuance of a speeding ticket, and the Mcap here versus the peers is a big reason to stay positive. On my watchlist to buy back in if price hits a certain point. GLA.
Makes two of us. The market cap is just too tempting - should be at least 3x where SP is currently, so an absolutely no brainer to invest at these levels. I normally avoid miners, but this seemed like too good an opportunity to miss. :-)
Hi Holly, that's some desperate straw clutching.
Do drop John Knibbs a line and let him know your concerns regarding the legitimacy of the company he has been managing for the last 2 years: https://www.linkedin.com/in/john-knibbs/
My favourite film of all time... :-)
Although on second thoughts, with Belfort's record with Penny Stocks it's probably best he doesn't get involved... I'll reach out to Warren Buffet instead.
You could write a great sitcom based on the goings on with SYME stock and the antics on this board!