Member Info for Hardy78

Deano - sorry to hear you took a hit. Been there, done that and all part of the learning curve. Better luck with your next trade!

How many times has BMD said that OBC are going to be releasing news? I think of at least three-four instances including last week when he said they’d be multiple news items this week. He buys then tweets, people are suckered in and buy themselves and then BMD nets his next 10% trade. Know the game!

Year low hit. No news incoming. Bombing fast.

BMD is going to need a bigger pump

TTTTTTTTIIIIIIMMMMMMMMBBBBBBBEEEEEERRRRRRR!!!

One the NWF fund raise is confirmed, STEL SP will rerate accordingly IMHO. NWF rights issue deadline is tomorrow and NWF AGM is next Wednesday, so not long to wait! GLA

Easiest option is to open an account with somewhere like IG (quick and easy) and get your STEL shares transferred over.

Gashead - for reference, taking into account exchange rates, the STEL offer price of 9.77p is the equivalent of the NWF SP being 17.29 cents. Current NWF SP is 24 cents

Incorrect - the NWF shares can be held in an ISA, you just need to ensure that your broker (e.g. IG, Hargreaves Lansdown, etc) can deal in shares traded on the ASX.

Never mind that, BMD said that there’s multiple news due this week!!!

TopUp - so, you're a swing trader? That's fine and at least you're now being honest about it, rather than previously making out you were buying shares because the fundamentals in the company are sound.

You won’t get an answer because they don’t know what they’ve bought into.

OBC going to be No.1 on Top of the Flops

Operative word there; ‘spike’

The placing people are referring to is the one which has just taken place. I’m pretty confident there will be more in order to scam more money from the naive

Know your enemy

Anyone remember URU? It exhibited exactly the same pattern as OBC in its share price. Pump, placing, dump, retrace and then sink into oblivion.

What computing power? The picture of the mining ‘rig’ posted on Twitter by BMD would struggle to run an Internet Cafe. To carry out any significant data mining, you need a warehouse full of machines, running full tilt and the appropriate climate controlls in place to keep the hardware cool. You can’t do it with some kit from the Maplins clearance sale.

Ok, so what potential did you see in OBC when you carried out your research? Probably just an illiquid share which is prone to heavy spikes and has no commercial product.

It’d mean that their holding would almost be at break even I guess...