Yesterdays close was 219p, Todays open was 77p. How could you close a short yesterday and make money? SUrely you should have closed a short today??
I can tell you now, over at ASOS the SP didn't go from 5p to £5,000 a share.
It did get to £50 a share, which is quite an increase, but you need to be careful with your commas and your decimal points in this game mate lol
Just read broker upgrade to 580p.
Have they busy deep cleaning, sanitizing and disinfecting during COVID?
Pete7, good point.
I have often found the type of share (industry) dictates the type of people on the board. For example there was an Englishman Irishman and Scotsman. Or there was a doctor (pharma), a miner (gold) and a die-hard tech enthusiast (melody vr).
The only level-headed reasonable person will be the doctor. The gold miner will be a character from the move "paint your wagon" and the technology and he was the last will tell you VR is the future and the shares are going to be worth multiples of their current value just because some millionaire paid way over the odds to buy some.
Off-topic slightly but an interesting sideline I thought on a slow Saturday morning.
Good luck at all Nova holders. Could this really be worth £15?
I know what you mean about a once-in-a-lifetime opportunity but there are many other shares that have done better than this. By the way, if you were so inclined and scrolled all the way back to the posts I made in March when this was 40p you will see I am a long-term holder. I calculated back then nova only had 2 million in the bank. How things have changed.
So at £8 this was a 20 bagger for me. Of course Nova were 18p in February so for some people Nova would be a 44 bagger ar £8.
I posted a few times on the melody VR board telling the hangers on they should invest in Nova Eurasia and ggp. I made these posts at the beginning of this year and was almost banned from this site for posting off-topic as the melody vr diehards complained that my my posts were 'off topic'.
Around last Oct, Eurasia were 0.5p. They are 37p today. I bought in at 1.5 p thinking I might have missed the boat. So at 37p EUA is a 24 bagger.
Amryt Phama is another big riser that was a few pence this time last year ear and and is now a multi bagger. I suppose my point is that if you are prepared to put in the research these rises are not freaks of nature and they are all climbing for a reason.
Obviously getting in at the beginning of the journey is key.
Coggy, reece clearly said he "bought 12th March for 5p and 17th March for 5.6 and sold on 17th March for 17p".
How could he "buy" on the 17th of March for 5.6p? The date you buy is the date you buy, and has nothing to do with the settlement date.
The post reece made just doesnt make sense.
d4ve is correct. I bought on Friday 13th March and they were suspended on the Monday morning. It would have been impossible to trade them on the 17th.
In fact, I remember it very well because they weren't suspended until 8:52 and I was in a dilemma whether or not to sell them.
Like many others who have posted, I had also written this off, but there could be value in the platform they use and the infrastructure (even the Forex name?). Whilst all of that could be replicated, it could have a monetary value to an interested party.
I am not sure the highest share value in the previous 12-months applies under the current circumstances, so would be interested in what others think the value could be.
Wasn't the last price these traded around 12p?
I think the trading update will give some poor figures. I do not doubt that morses club is a well-run outfit, and that plans will have been put in place to help it get through these difficult times and to help it to continue to trade once this pandemic allows some form of normality to resume.
However, the city will want to see good numbers not the promise of what might happen in the future. They will want to know what has happened over the last trading period and that probably won't be very good.
Definitely worth a pound in the next few months possibly, but if the trading update isn't very good I can see these getting closer to 40p short term.
None of the payday loans companies have been doing well lately and Moses Club isn't any different. None of the financial institutions have been doing well. Can you believe you can buy Lloyds Bank shares for 25p. I remember a few years ago people were saying they would be £1 by mid 2020 but now that seems a long way off.
Good post, but the article in the link you posted said "Woodford Equity Income fund ditched the entirety of Woodford’s 11.6% stake on 8 April" [at approx 1p].
But the figures are close and the seller probably did make 5 times their investment.
Obviously octopus think there is is is more to come come and let's hope they get an 8 bagger based on their name.
I've just read a few articles about this and one of the best is on the TechCrunch website
https://techcrunch.com/2020/08/25/melodyvr-napster/
Ah, so it's the other way around. Goodness me. What is the world coming to. A reverse takeover with the help of Rhapsody International.
In 2019 Napster generated 106.3 million U.S. dollars in revenue. It was 200 million a few years ago so business is is deteriorating, not getting better for Napster.
It can't be that great otherwise Napster would just have bought the company outright for or 10p a share or 20p a share.
They are basically asking this company to raise funds and pay them. What a joke.
I'm happy for someone to make a counter argument as to why Napster didn't just make an outright takeover offer.
Just to add to my earlier post, the Financial Times summarised the story and pointed out Mr Benamor asked Amigo to give a public response to his proposals (ie his Friday night social media posts) before the start of trading on Monday.
So what do the board do? Give a response before the market opened at 7am.
But it does not take a genius to work out he has also wiped 30% of his own holding. He continued selling down 1% and would have got 30% more had he not have made his posts on Friday.
This simply proves one thing, he is not bothered about the money at all. And why should he be? He has enough money so he is just playing games. Why would he want the share price to be lower, so he can buy more shares when he is continuing to sell the ones he has?
The market makers obviously wanted lower so they can have some cheap shares in the hope it will rise again because the market makers make their money on the churn, but why would JB want the price to be lower?
Wow. Nearly 1,300 posts.
What really annoys me is they have knocked 30% off the value of their company by making an RNS release they admitted they didn't actually need to make. What idiot releases news they don't need to release to wipe 30% of the value of their company?
It's like a Gerald Ratner moment.
The current board of directors have proven how completely incompetent they are just by doing what they did at 7 a.m. this morning so the market makers could slash the price before the market had even opened. It's just plain stupidity and very worrying.
hi, I have lots of bookmarks for various companies on this website on my Android phone.
for some reason my phone seems to be trying to load the full version of the website rather than the mobile version.
has anyone else noticed this?
Anyone have accurate closing price?
And for those people who are saying they only hold 7% of PDSB, that 7% could be worth a small fortune if this really is as effective as the RNS says it is.
What you seem to fail to grasp is the audience you describe is not big enough for this company to ever make a serious amount of money.
Sure, they have some good content and will sell a few tickets but not enough to make a serious amount of money.
They have failed to take advantage of the lockdown when they had a captive audience.
The other massive downside is that for the full immersive experience you need a VR headset. Most people don't have one and wont buy one just to watch a concert.
And before you tell me it's not just about the VR, are people really going to sit and hold their mobile phone or tablet to watch a concert when most people these days consider a 42-inch TV to be small?
Just a few minutes ago on Look North they are talking about the live concert that has just taken place at the London Palladium. 650 people watched Beverley Knight . They interviewed a few people afterwards who said "I nearly cried it was fantastic you just can't beat the live experience of actually being there".
This company has failed to take advantage of the situation and now they have missed their chance. After the country have been stuck in their homes for the past 4 months people will be desperate to get out and go to live concerts.
Who in their right mind is going to want to stay at home and watch a VR concert or VR Theatre performance.
Regulars on here who will be loyal to this company until the end of time will remember several months ago I mentioned I was in GGP and Eurasia. Well GGP have doubled since then and Eurasia Mining (who were suspended in Feb) have almost tripled.
Melody VR could have capitalised on the fact people have been stuck in their homes for the past 4 months with Cinemas, theatres and other venues closed, but they have failed to do so. And now people are desperate to get out of the house.
And the share price is still sub 4p.
If anyone would like a reasoned and balanced discussion bring it on. Tell me that people aren't desperate to get out of their homes and to go and see things in person, in realty, not "stuck in the house" virtual reality.
I am watching this on my real time chart and there are three times as many sellers as buyers so far.