Member Info for Fuzzbox

I’m going for sells and people in the know bought pre RNS last week and just made themselves a nice 1000% return.

Could be late published buys. But... given this was under 0.5p a few days ago, a 220k buy? More likely a sell from someone that bought when it sub 0.5p, it’s taken awhile to publish as all we’re large sums and needed verifying and clearing. Now published. Except printed as buys rather than sells.

That’s my interpretation. If you had 220k to invest would you have bought at 8am on a spike? Or wait a few days and save yourself a lot money? It’s was clearly a sell and someone made something like 1000% return. Probably staff at 7dig if they have any sense.

or people that bought at sub 0.5p and don't regularly check things are selling out?

https://www.theverge.com/2020/8/14/21369753/bytedance-tiktok-trump-china-app-privacy-90-days

"President Trump issued an executive order Friday giving ByteDance 90 days to either sell or spin off its TikTok business in the US".
"Originally, TikTok had a September 20th deadline; now, it has until November 12th."

But also since 4.6p volume has fallen. So without the volume to move it, the price is going to trail down because we have no new news, RNS, or fundamentals to give this a 100% rise to 5p. With the volume fall, the hype has also drifted away, the day traders that added to the volume on Monday have moved on.

If you've been in AIM for several years it's an all too familiar patten. Sure if Tiktok is banned, the hype will return. But the deadline is November 12th for TikTok to be bought, if no one buys, then it's banned 12th and Triller will be in the lime light. that's 7 weeks away. Anyone really think this will hold above 3p over the next 7 weeks? What will happen to 7DIG if Oracle or MS buys TikTok? Triller isn't going to suddenly take over.

Personally I'd wait until a low around 12 of November to do anything with this. If TikTok is bought before then, forget it. If tiktok is banned for sure on the 12th, ok trade the inevitable hype and ramp up, but be careful getting spiked.

*Tumble weeds blowing past*

At least we're holding at the 28 level...

Also hit 16.63p in 2016, has yet to be seen since.

A lot of new comers here buying on the hype and talk of 5p, failing to realise a lot of LTH are selling on spikes as they bought back when this sat above 6p. And it’s been under 2p since end of 2018. Expecting to see the price held around 2p until all the selling is done. Then if we still have the hype a climb up to 3p imo.

5p by Friday? Or 2p?

Ouch, 2.5. So glad I sold at 4p yesterday am. Feel sorry for all the FOMO and newbie investors that got spiked.

Not saying it won’t retrace to 5p. That’s possible. But the time frame will be longer than this week. 10p by Friday some were saying. I’ll apologise sincerely if we close Friday 5p or 10p... but I’d say there’s a slim chance of that. That would come about purely on hype, which is very fleeting on aim unless multiple MOU RNS are posted... AFPO anyone?

Neither. It’s a ‘I’m going to ramp this and get a good sell price, add to the post count for that day, so more FOMO investors get in and we get a good rally’ and now I’m seeing all these post of people trying to justify their buys. So I thought I’d let them know the reality. I saw a post earlier today, someone buying on their mates recommendation hoping they weren’t too late, buying above 3p...

A lot of posters trying to justify their above 3p buys. The RNS last Thursday was the real fundamental time to buy in. The hype on Monday was time to take profits in the am and a new position in the pm. The inevitable ramp before 8:30am today was a chance to sell all your holdings to the FOMO investors and walk away with a substantial profit. Such is AIM. Good luck post 3p holders, my prediction based on having had my fingers burnt on AIM in the past - you’re in for a long wait before you breakeven.

Well... don't forget, 7dig simply provide access to the music library and deal with licensing for Triller and other clients. How much do they make on each play of a track? How much does it cost to provide that service? Because so far, while 7dig are making 12m revenue, the costs are more than that, hence the placing last year. Given those fundamentals, I think 10p per share is very optimistic. 10p share is great if 7dig were Triller and tiktok was 100% banned. But that's not the case. 5p might be reasonable once they are in the black. So far we have a growth company, making a loss. What if they need more money to expand and have another placing... 10p will be very far away then.

I think we've seen all the hype for this share price, and it's going to slowly settle somewhere between 2 to 3p over the next few weeks. Anyway, luckily got out at 4p this am. GLA

Cheers for that, and as we can see... up it goes again

2p at close? Can you not read a chart, we just rose to 3.6, falling to 3.3 ish, where support is forming, from here we'll in opinion test 3.5 again, maybe 3.6. If we break 3.6, this will fly to 4p. Big sell there... might end at 3.7, will open with a rise tomorrow am.. . be falling back. And for the rest of the week a steady retest of 4p. If news is sustained, more trump nonsense, expect it to fly to 5p.... else settling around 3p is over the next couple of weeks.

Well we are up 100% today already - don't you think "americans will be ditching tiktok in droves and signing up with triller" is no already priced in to 7DIG? Personally I think so and we'll end the day below the 100% rise we see now. However I do think there could be a slight increase as the week progresses, followed by a sell off towards the end of the week.

Well... this has been a good start to the week, made 68% before 9am selling my buy from last Thursday. Could have made just over 100% had I waited a few more minutes, but more than happy with a 68% return.

I've been in JLP since 2015 and built up a £6k amount... but aside from a couple of times, I've mostly been down a substantial amount. The couple times I was finally in profit I didn't sell as didn't have a proper investing plan was simply dabbling at that time, thinking it'd go up even more, only to be down again. Today I finally broke even and sold out. Under the same circumstances I'd perhaps buy back in with around £1k. As JLP is trending on the upside. But with covid and the uncertainty in the market I'm happy to sit on cash for the time being. GLA.