Member Info for FreeTheCaterham7

Might stir things up in the morning. If the MMs notice.....

This article was presented at the 2022 ERS International Congress, in session “ALERT 1: COPD and hospital management”.

"It would be a sale of the shares at say 75p a share"

Which shares?

Yep

Aether said "Can you tell if a trade is a buy or sell using L2 access?"

L2 doesn’t really help.
For what it’s worth that 319k trade looks like a client sell to me. They’d just marked at 13.25 and I don’t see a MM selling stock 12.91 if they’ve just marked .34 higher. Plus it was the mkt bid at the time.

Anyway good night everyone. Maybe next week will bring news that blows my pessimism out of the water. Let's hope so.

Black humour, if you will.

I don't think it's unreasonable to describe a stock that has cost me and others 90% of our investment "rubbish".
It was a bit flippant, I didn't thinkit would bother anyone.

Oh dear
What have I posted that’s idiotic? If you can point them out I’ll get the mods to delete.
As you point out, it’s always ham tomorrow with this stock…….Spanish proverb.

@Doc83 wrote "Quite amusingly, a little scan down your posting history and it appears it’s not just SNG where you do this."
Ha ha yes. The vast majority of my investable assets are in investment trusts or funds, with about 10% in 3 individual shares. One is SNG, one is RMM which is suspended at sod all after some extraordinary financial incompetence. There are some posters on the RMM chat who appear unwilling to face reality who sometimes need a reality check, which I occasionally provide.
Luckily the 3rd (and largest) holding is doing well. Phew.

Do you think I’m acting like a troll, Tommy? I’m not trying to. I get a bit frustrated when people get excited about stuff that really doesn’t warrant it but I have been trying not to be negative just for the sake of it.

@Doc83 said "[FTC7]never has anything constructive to say, never has any of his own research or original content to share...."
An awful lot of the "research" posted on here is nothing of the kind. It's usually one of trivial, irrelevant, or actively misleading. Or all 3.
I post negatively on other people's posts because so many of them are misleadingly optimistic.

Someone else asked why I don't sell. Good question. It's mostly because I think there is a tiny chance they will make something of this and I'd feel really daft if I sold my holding for b*gger all just before some monumental bit of news. I'm down 90% here and I've mentally written off the last 10% so I've got free carry....kind of....
I recognise that this is not terribly rational, and probably involves the sunk cost fallacy I was criticising Doc83 for a little while ago.

I want this share to do well. I want to make (some of? All?) my money back. I want people who have lost far more significant sums than me to get some good news at last. But - for example - a tweet saying SNG are hanging around the fringes of the JPM conference begging for meetings is not the good news we all need. Nor is a reposting of a Holgate presentation. Nor is a job advert.

"To all appearances their efforts and the results to date of their investigative programme are taken seriously in governmental, regulatory and industry circles."

As a holder of a small amount of this rubbish I’d love to be reassured that this is the case….could you tell me why you think this?

"There is a large percentage of shareholders who are private investors. They generally would vote against unless a rights issue."

Of course PIs can vote how they like. Might bust the company though.

Personally I will not be getting excited about a job advert.

"so I'd like to think they do think the product at least has prospects"

Indeedy. Obvs they did when they topped up. Might get impatient/disappointed at some point tho

@Doc83 said"there is great debate on here about Polygon's average in price. But I believe it to be 90-100p. So they are not going to sell out for less than that, surely?"

It's irrational to consider your sunk cost when to sell/hold/buy. If Poly think there is not enough prospect of trial or a route to market they will sell at whatever price they can get. It makes no sense to hold on for 90p if they don't think there's a realistic chance of getting there before the money runs out.

@Doc83 said "The only way I can see me dipping my hand into my pocket is if it’s to fund a new trial."
Yes. People talk about a new fund raise when the current capital runs out, but in the absence of a trial who would put more money into this?

"The BoD have already stated.........where copper price needs to be to cover debt"
Have they? Missed that. What price did they say?

@Foodforthought
Who is your broker?