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I think to be fair to Toffers she done an amazing initial trade a bit like IK. She has stated she actually made an initial £50k profit . But unfortunately kept on buying as the price declined. She did eventually sell out a lot a slight loss.
So fair play to her £50k is alot of money and I think yes the cheerleading got a bit carried away. But good for her she seen this was going the wrong way.
Just remember folks it's only money
@hash.
A couple of punters on here got me started and i battled with them. Been filtered, personal abuse, ganged up, sworn at.
But you know a few holders have personally thanked me and in one case the quote was saved them thousands as they sold after reading some of my warnings. In fact one punter on Friday I tried to help and said sell up, have a good Easter and buy some eggs. But they didn't listen. They still had 45 minutes to get out.
So if I've helped people in anyway that's good enough for me
I like to think I give the other side of the coin.
Like I said I missed the spike. Made a few hundred on trading it a couple of times.
I just couldn't believe how nailed on punters thought this was going to be taken over .
I thought it might be worth a punt when the NO BID news landed on a swing trade (still might). But with the dire proposed funding at "Very material discount" looks bleak
Again I won't say GLA as that time has gone
Sheltie yes you have that spot on. I did say that it was a red or black casino share. The fact it didn't come in for the gamblers on the required colour means they now owe the house. And tomorrow they will be paying up.
Careful of this character he's trying to ramp here.
This is a post from him on Friday;
"Just tried on IG. No quote to buy for 10k, can buy 5k shares. Can sell whole lot."
And also he said ;
"There will be a stampede to exit on open, that’s inevitable. What happens after that will be interesting. Most similar situations I have seen bounce by a substantial amount from the first hour lows. Just look at HUM for a recent example, similar thing terrible RNS, bounced back 50% from open lows, even if it heads back down after that."
He's talking up the shares to try and lure people in.
Facts are Medjed in your world everything is fine and company is doing great.
Mate Debenhams, Amigo, Interserve, Flybe, Joule, Ted Baker.
All well known names all went bust.....
The Share price from £19 down to 28p now (and less tomorrow) says it all.
SDRY reported £128M loss last FY, are losing £1.5M a week and just gone to the backstreet money lenders and sold their souls.
JDS offer is the only one to go forward with.
This investment is finished ......
Take Debenhams for instance these are there figures for 2019:
Debenhams plc reported Group revenue results for the half year ended March 2, 2019. For the period, Group statutory revenue was £1,246.0 million against £1,319.2 million a year ago.
This was for the half year guys! And they had 12000 employees. Didnt stop them going to the wall. And getting bought out of admin as an online business for £55M .
There's alot of rubbish talked on this board
I do think some on here thought this had no risk at all.
It was just a case of putting your money in and doubling or trebling on the bid. If only love was that simple.
Always remember stock markets always tend to overshoot and also over correct. I think the latter will be experienced tomorrow