Member Info for firepisces

Support at 148 tested and confirmed. Should bounce back from here. Then again../...

Can't argue with results. Good update. Keep it up TCAP. (and no more acquisitions please)

Still no news on the crypto platform then? H2 close is quickly approaching.

Apparently the programme was agreed by the board on 15 July 2021. I would only speculate this is for general working purposes, more pertinently for the $1bn tastytrade acquisition and subsequent costs of such US listings. On positive note should keep divi intact. More info on the 3rd Nov.

I'm not disagreeing with you. I'm not against the move.
But as investors we should know the details.
Neither Fidelity nor Standard Charterd have invested in the platform. Is TCAP funding this solely? And dates like "second half of year" are too abstract.
Investing ahead of the game is not a bad idea, but I thought the dust had settled when this was at £2. Why buy now when this could still potentially drop further?

@CaneToad

- the company is profitable (debateable which way you look at it - but £1mn for H1 '21 and 0.1p EPS, compared to H1 '22 = not great!)
- It has been profitable throughout covid (Yes, it would do due to higher volatility and greater access to trading. This has since dropped)
- They have a solid balance sheet (sure, I'll agree)
- They have major new income streams coming online; Liquidnet and a Crypto Platform (possibly overpaid for LiquidNet, Crypto Platform is not released yet and could be delayed. There is no "set in stone" date. Just "Q4". Plus crypto has it's own issues it needs to deal with - but yes having that up and running sooner is better than later)
- It's at the lowest price in 10y (that's not necessarily a good thing)
- There were huge buys yesterday; e.g. multiple £8m buys (probably manipulation, I wouldn't be too excited if I were you)
- Management has bought in at a higher level (perhaps that exposes their lack of judgement and insight)

I hold here. Not so much so yes, so I admit, I'm not too fussed. But like I also said previously, how do you catch a falling knife? I'll wait for the dust to settle. Who knows there might be a correction next week and this is back at £2. But not right now. Goodluck.

sorry but when a stock falls greater than 50% from more than 12 months ago it's usually due to more reasons than a poorly written/read RNS.

Mind you, did anyone join the interim q&a presentation this morn?

Are we really surprised here? There was a trading update several weeks ago which wasn't very inspiring.
"Catching a falling knife" is at play. Avoid for now.

or forward selling of placing shares?

Chequemate. Yes rinse and repeat. This has struggled to pop 9.50 historically. So it's easy to trade. Buy the dip. ExDiv on the 23rd.

Well overblown drop.
Q1 trading statement 16th Sep.

Thanks cheapshares although I don't get the google search link - depends if one's browser has the cookies from their previous visit. I believe you anyway.
Someone mentioned contacting the FCA. That post has since been deleted. Anyway goodluck not sure if they'll have the balls to tackle a firm based in the US. Sadly 180 incoming - possibly 160? The whole world is in the red. New covid fears.

So it WAS on ShortTracker?! wow.

Yes hopefully an increase in divi and some clarity on TastyTrade.

Thanks FireAnt and all.
This is really bizarre. The 12% disclosure is not even on the FCA website, neither current nor historical disclosures. How did it bypass the FCA?!?
And yes can see the historical on LSE, but no current. Maybe they have closed their short position. And in the process of closing they somehow revealed their disclosure if that makes sense?
Who knows. Tomorrow is another day. We'll know more soon...or not.

Where are you guys seeing this shorted info? Can't seem to find it on https://shorttracker.co.uk/
12% is a humongous amount. Should be top of most shorted.
Apologies if I've missed it.
Thanks.

You haven't have found anything in your research because there genuinely is nothing. Since Feb the company has been mentioning "business review" over and over. The latest was barely an update. As verify and insights aren't making significant revenue they getting rid of humpty and dumpty.
An update on Bloomberg platform would be good. An interim CEO perhaps at the least.

I didn't understand the 180 predictions from others. It was never that price. If it did it could go even lower.

I should've said it's never easy easy rather than always difficult.
I don't think it's any coincidence at all. It's simply support level from previous lows. Support levels are zones rather than a specific price. And it does seem like a start of a trend reversal. Fundamentally way oversold. Low PE. So I took the opportunity to top up. GL