Member Info for JDwag

Love watching these corrupt cants burn, well done all, if they are way short and the buying continues this will go way north of its cash position of 4p, there won't be a speeding ticket, this is still valued less than cash. JD

Well played mate, owe you a snifter of port. JD

Phenomenal, guess the MMs have well and truly stuffed themselves here, judging by this move who knows where this could end up. JD

Straight out the gates, it will be volatile but if Timeless is right then the pressure should keep pushing this northwards. JD

Mines at 10.5p, they can happily take that out if they want. JD

I would strongly suggest if anyone has them they should removed their stop losses, this will be very volatile today. JD

What we thinking? Mega illiquid stock usually with yesterday's volume very out of character, if MMs have been selling stock they can't cover then it should show up very quickly on opening as they scramble for shares. Either way cash on books at 4p. JD

Check the company details again, Rule 28 shows much more substantial shareholders and percentages than you have stated, your deliberately only quoting the 'not in public hands' part (deliberately of course). JD

Genuinely impossible to say, if they are short an eight figure sum of shares then it could take days to recoup enought to settle this amount of shares, if people pile in and buy at the same well it could take longer still for them to do that, the difference here is there will be no outrageous placing to bail anyone out, this will run its course. I've putca sell limit of 10.5p on my shares, if they want them they know where the are lol. JD

Will be interesting, this is a very illiquid stock usually with very low volume, if they need that stock to settle previous trades it will show up instantly. How many are they short and how long will it take to buy enough to settle these is the question? JD

Read timeless post below, this has nothing to do with a short position, this is to do with MMs selling shares they don't have and can't settle. JD

Is valued at less than cash on books, I wouldn't worry about any RNS stating 'we know of no reason for the rise' add the enterprise value, etc then I am sure the BoD think this is only going to where it should be, add to that a £5m sale anytime soon and the cash on books could be worth 4p or 5p for starters. Of course none of this means jack if MMs have sold shares they can't physically get to settle, if they have done that then they are in trouble. JD

Please do, if MMs are in Barney Rubble it will make the spike north even more memorable! JD

We must remember, if this is true, then this isn’t NEW, there will be no scandalous placing coming to bail MMs out, it will almost certainly run it’s due course, I scooped up 250k shares today, already in 30% profit so I will see how it goes, if they have been selling shares that they don’t physically have to settle, then f***’em, let them burn. JD

Yes, both my buys went to NT. JD

Would be nice for the screw to be turned tomorrow. JD

To see the opening tomorrow, if there is a squeeze on more people will learn tonight and pile in tomorrow. JD

to sell in the real world now, hold on to your hats. JD

Indeed, again, all ifs and buts, but if true, this will do more than NEW as there are much less shares about, if volume arrives tomorrow it will go through the roof, watch out on the TSX as well. JD

Well, if it does transpire that way considering how little shares are in issue and how many are held off the market by the BoD and II’s and a like this will go like a missile if true. JD