Member Info for Jcj07

Agree JG, absolutely disgusting and illogical.

What a moribund place to have put our life savings.

Well, if cosmens and director buying together with inflation back to target doesn't lift this from all time low then we might as well write off our money here

Lets hope the inflation news finally turns this hopeless stock around!

Let's hope this news turns this dog around!

Here we are with this dog bumping along the bottom whilst Tech in the US continues to make all time high. S4 has very little to no credibility

Im too surprised the stock has not reacted positively!

What I am seeing is the stock stabilising. Let's see what happens over the next 4-5 sessions

I would say that shorting at these levels is a very risky strategy.

Give it a rest moneymule

Hopeless

Just to clarify, I'm not shorting anything, just a genuine concerned holder heavily under water.

Thanks for your explanation

BrokenSmoke

You make some valid points, however, this has dropped by nearly 1/3rd which is considerable and by far more than most any of the other smaller caps. I think we are witnessing some sort of capitulation, the worry now is the creditors wanting some sort of equity swap which could indeed wipe us out. The fear is both, real and justified. I'm torn between what I'm thinking which is clearly very bearish and your informative and well balanced post

It does look like it's heading to the wall! The constant daily drops tells the history

I think it's very hard not to be negative, it has closed at all times lows, the management is a shambles, the macro is dire, Labour wants to nationalise trains etc which could bring lower fares and hence affect companies like MCG, 20% pay rises given right left and center when we can't afford them, MCG listed in the worst possible market (the FTSE Dog), a downtrend which is relentless, downgrades, shorts increasing the list goes on. It's very very hard to keep the faith.

JG

You make some good points but I just can't understand another 3% drop today, 26% in less than a month from when it was 60p which in itself was or so I thought in bargain territory. Im finding it disconcerting to be frank. I would feel slightly reassured if the BOD at least made a substantial purchase

Another new low!!

I'm about to throw the towel here, better to lose 60% than 100% is my thinking. What an absolute mess, it really puts one off investing, a total casino

Poker

That post at 16:16 is priceless mate, a very informative and well articulated summary of the current state of affairs!

Good CPI numbers thanks God

Carrington

Yes immediate impact, thanks God, we really do need some respite!!

I'm not short no. I need £1 to break even but I'm royally p1.sed off, unable to sell in case it then goes up or gets bought out but losing sleep over the daily drops. I got badly burnt with Thomas Cook and for some reason the way this is behaving is reviving those emotions I felt at the time

If the share price is driven down to the 30s, the bid could be 35-40% over market price, sadly this would mean they could buy this dog for low 40s.

The way sentiment is at the moment it would only take a market wobble for this to go into the 30s