Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
And there are still millions of shares short........ pmsl
Due to the massively increased shorts selling yet more shares that don’t exist, which they have to buy back....
Zoetic moves to Buchanan and shocking comment released in RNS by the previous firm who also representing PATH who can’t relish as their own listing shambles continues so blame Zoetic in massive dose of sour grapes!
It all carries a zero balance asset value on the books anyway as all written down....
Already implied all the o&g assets will be disposed off anyway.
And now they are 67% long..... 33% short.
Its clear the only shares being sold, are being borrowed to sell......
They have to buy them back or burn. It's as simple as that.
(Although in order to buy them all back they would be paying high 90p+ for most of them)
On IG alone CFD Positions are now 69% long(or 31% short) so the shorts are borrowing more shares to sell onto the market.
Digging a deeper and deeper hole for themselves.
How many shares do they need to buy back to cover their losses now? 3m 4m 5m? More?
They are hoping that people sell, but they aren't, they are hanging tight. So all they are doing is making it harder for themselves.
A nice few chunky buys now without the shorts reducing and they are going to be in a lot of pain.
With people making money in the other cannabis stocks I expect profit taking there and buying back here to create an almighty squeeze. Its going to be one hell of a ride.
Last roll of the desperate dice by Winnie the Pooh!
Robbieshare - Have you made that £1,000 today, or are you stupid enough to leave your short open overnight because you believe TW that much? That’s a seriously dangerous position to be in.
Just ask those who were short on NCYT or EUA on his recommendation....Or those long recently on his other big failed tip.
He says our silence is deafening, I say silence is golden (although not for those following his advice recently it seems)
Tick Tock.
I think "write an article" is a bit generous there, it was more like cutting and pasting from the ADVFN bulletin board by those who have been short and bleating since 20p days.
Although I do believe the bits about the requirement for food license in order to eat cbd smokes was probably it's own extensive legal research.....
Won't be long before the pants will be on fire
Are you just bitter for not being invested or are you one of the fools who has shorted it?
It’s about to get really painful for those short, especially those who are still underwater from shorting this at circa 20p and relying on TW’s rubbish to get them out of a hole.
Those taking short positions now will be as underwater as they are soon!
Tick Tock.....
In his dossier to the FCA he included concerns such as the Smokeable products not having Novel Food Status yet....... You know as clearly you eat them.
The "Dossier" was full of so many mistakes, assumptions, and just idiotic and uniformed conclusions if it was coursework for a GCSE the school would advise going back to infants let alone being put back a year.
We started off with 5 , we now have 9.
JBER came along around the time we joined the OTC.
FCAP came along around the same time as UHNW Individual John Story invested.
MREX came along when they entered market making instead of purely dealing with commodities.
SING have now joined us now we are rumoured to be gathering II interest....
Note: On each occasion new Market Makers have come along, we have experienced a significant sustained jump in the SP shortly afterwards.
Once the silly clowns have finished increasing their shorts, and those shares are duly hoovered up, the SP is set for a monumental squeeze.
Can't blame another MM coming along for a piece of that TW humble Pie can we!
Everyone buying the shorters borrowed shares still?
Good.
Will check in again later.
Toodles for now,
Love and hugs.
Hopeless Dave
They will be a lot higher when visibility of the AATAC rollout starts. And even higher still if people are still short....
NCYT - meh I make mistakes, but own up to them... others just bury their head in the sand and dig deeper holes....
There will be no point taking him to court after this epic short failure which he’s probably gone all in on, with luck he will have nothing left.
His following are like a cult brainwashed into thinking he’s correct despite some epic failures in the past. This is another epic failure for him.
But as you know people in cults will go to any length for their chosen one.
Unfortunately for them he has chosen the wrong one to target here.
If you are short, I urge you to look at those getting into the cannabis space, the listings that are coming. It is not a fad that is going away it is going to be massive industry with room for major players, and Zoetic is there now.
It’s distribution deals are quite frankly unbelievably good, but the Sheriff just thinks they are unbelievable...
Trust the cannabis and CBD reform experts, or TW......
Perhaps look how epically badly he called EUA and NYCT from their lows to where they have got to.
ZOE will IMHO be absolutely massive.
Disclaimer I do hold more than 3.5m shares (last lot thanks to TW cheaper than expected to be)
But apparently TW knows more about the regulatory space with cannabis and the CBD industry than Antonio and the specialist lawyers at the companies disposal....
TW’s ludicrous ego and cut and paste skills from Google (but missing out an awful lot of other information - you know the paint one side of a story kind of “journalism”) along with clearly flawed toothbrush skills) is legendary!
See my tweet from Chill's Insta.....#ZOE Looks like the sample packages going out and they look gooooood.
T + 70 days on AATAC announcement - maybe the onboarding is done and the samples are going out. Which national chain of gas stations is going to go order first?
It has to cover its FUM losses somehow.
Thanks for the cheap shares whoever is selling them.. :-)
The LTH are adding, Including HNW individuals and for all we know UHNW individuals...... :-)