Member Info for HivedOff

Can anybody explain how LSE are reporting more shares bough (12.2m) than sold (11.8m) and the SP is down over 30%. Does any of this make sense?

I get that Rookie, but what was going on was clearly orchestrated, and wholly unfounded, as we all suspected and as has now been proved. It was deceitful, and in my view unacceptable.

Calamari, too early to say that...if they go back over 30p then you are wrong. The loss is only incurred at the point of sale. Buying at 30p could still be proved to be a shrewd investment, selling at 4p was never.

I am back…just to say broke even today, absolutely delighted…onwards and upwards.

Incidentally, I think it is worth mentioning, in relation to whom is responsible for people losing money…with the finger so often pointed at JD; I have a close friend that bought into bids about 18 months ago, he sold out for just a few pence at the end of June last year. I was surprised by this and on discussing it with him; he cited the comments on this board as a contributory factor. I looked back at the end of June and found these comments;

Helx - 30 Jun – ‘I do believe these will be 1p...very genuinely’
Helx - 30 Jun – ‘These will be 1p before they are 10p’
Helx - 30 Jun – ‘you will see 1p before it's lights out’

These are just three comments made within hours of each other by one board member, the fact is there are thousands of similar posts, eventually driving some individuals into making decisions they otherwise might not have. That is the sole intention of the poster to influence and encourage others to sell, why else would such a sustained effort be made.

I have no doubt the individual who posted these, whatever their motivation cost my friend dearly, and this goes beyond financial. The perpetrator should be true ashamed of himself. It demonstrates absolute greed, at any cost, and during a period when we really should be looking out for one another. Sometimes is isn’t alright to just say ‘well it’s business’, the world doesn’t work like that anymore, it’s about personal responsibility for others.

We have all been, at times frustrated with the SP and with JD, but in reality he was never the one responsible for investors selling at a loss; many others are in fact the real culprits.

I’ve held bids for nearly two years and been semi active on this BB during that time. I’ve decided to leave the board, both in terms of my posting and in reading other posters. It’s been fun, but in truth it’s offered nothing in terms of real incite. I doubt anyone is really influenced by helx suggesting 3p was imminent last September or Harhoo predicting 75p. It’s all good fun, but if we are honest almost entirely nonsense. The SP is not dictated by our personal agendas, it will be entirely determined by the success of the business, and I look forward to seeing how this plays out. Yesterday’s RNS was significant in my mind...good luck to you all. Hived off and out!

Finally something worth talking about.
Congratulations James Draper one year on and fully vindicated. Any quick guesses where this might it the SP...12p?

Keep your hair on WsKR
I think JD knew his sponsorship of Norwich was open to criticism, he tried to justify this in a recent interview, where he stated that he had been surprised by the unexpected results it had harnessed. He was clearly trying to placate investors in this statement, as it was blatantly not the smartest use of monies raised. Why Norwich one might ask, they are hardly the most glamorous team! It was not a business decision that’s for sure, and the fact that he was surprised by the results really proves that it was a frivolous investment.

...and so has Harhoo, but for very different reasons!

Sorry to be crude, but I think helx has had to disappear to change his underpants...

We were promised more games Q1/Q2 is anyone of the opinion that these materialised, if so what were they? Were we intentionally misled, or did something fall through?

Thanks Roley, much better than I had thought. Let’s keep our fingers crossed the results are likewise.

On that basis we’ve still got 15 days to wait until we are put out if our misery!
Lots of selling and hardly any buys today, I am bracing myself for the worse.
This is all on results now and the business will either have been written or not by now. Nothing said here will make any difference.
Based on the games (or lack of them) and the advertising we see in them (or not) I will be amazed if they are anywhere near target. Same again I fear.

I am not sure JD is the whole problem, but he is without doubt part of the problem. He is of course very inexperienced, clearly naive and all in all a bit lightweight for the CEO's role, which does not help matters. Last year he was a bit over excitable and then seemed to be caught in the headlights when things started to go wrong.
To an extent, the business has been built on a bit of bluster from the start, top named 'advisory panel', which it transpires JD contacted through LinkedIn and asked them if they would like some free shares. What they actually do I am not sure anyone knows. Unnecessary talk of a 10m spending budget, simply declared to placate angry shareholders about a year ago…talk about digging a bigger hole for yourself. I don't think JD is lying, not on purpose anyway; it strikes me that he is simply naive and totally misjudged the responsibilities of the role, and the weight his comments would carry. He was certainly egged on by JW who really played him for a while, all for his own gain, bit cruel really knowing his lack of experience. Without doubt, these antics have been detrimental to the SP.
The truth is Bidstack is still very small, when they tweet something they only have about 2000 followers, I know pets that have more than that. They are struggling to get traction and I would imagine they are still giving away more than they are selling.
However, this is without doubt a great business idea, it makes so much sense, and with all credit to JD, he spotted it and he did something about it. He deserves to do well from it, I just hope he realises his own limitations, and starts to use those with experience around him. He seems easy to take advantage of, and needs a return from those on the advisory panel.
This really could go either way, right now I would be quite happy to hear of a takeover, 15p would do me. And I wouldn’t have contemplated saying that a year ago. This may only be the start, but it is becoming perilously close to looking like the end.

I must say helx is looking good for his 4p. Last year JD organised a great winter break and the SP tanked...this year he’s not been so generous. I dread to think the effect that might have on the price.
The next few weeks are crucial, we need news before the end of the year...if we are well short of target, then we ought to be told, it is too late to do anything about now, after last year the least we deserve is an update.

Let’s hope so fudge...

I stand by my comment, girdz is invested, but mightily hacked off, helx has a big interest in this failing, I doubt he is short, more likely he has interests in a competitor.
Harhoo makes ludicrous claims, based on nothing, and costasol likes to play the village ediot, and if he can wind someone up in the process he seems to get a kick out of it.
Apart from that this board is great!

Yeh, do try and find the link Ducter. If, as I suspect, you can't then we will assume you are mistaken...

Hi fiisch, forget the 2010 - 2014 share price completely irrelevant, business effectively changed name and changed hands, from Fitbug to KIN to Bidstack, if you want the full info look on the company website, 'company announcements' its all on there...by you own admission you have plenty of time to study it...

My answer...this is a very scalable model, whereby in simple terms prospective advertisers can use the platform to choose which inventory they wish to advertise on and place ads direct, no human contact required. This takes time to get fully operational, but ultimately this means revenues can increase exponentially without the requirement for more staff.

Helx answer...this will soon be 2p and then they'll send the begging bowl around...duh!

I'm watching this with bated breath, will this share drop to 4p with helx vindicated or will it rise to 6p, it is all so enthralling. Such an exciting time to be a shareholder with all this going on. Love the banter with helx playing the bad guy, all very amusing...and its nearly panto time. Lets hope we get another great Christmas this year, like we had last year...