Member Info for jimmy1305

I'm still on the fence, with 15,000 shares I personally wouldn't feel comfortable going any higher at this point. My plan going forwards is to sit tight for news of a successful bond sale and increase my position accordingly for the foreseeable. If it fails however, then that's my problem I guess.

With buys like that don't get too over excited. It could just be a quick trade. Any fractional movement of the SP with figures like that will make somebody very rich, very quickly.

I dont find your post particularly amusing I'll be honest. I'm genuinely anxious now. What do you know? I don't care if your account gets suspended.

Correct, I'm just looking at the future and what it could potentially do for me if I keep investing and also re-investing any dividends.

Luckily I have some spare cash this month so I may see if I can get an additional 5 thousands shares to bring me to 20k shares and leave it there. Squeaky bum time as I've NEVER gambled money on a penny stock before, and I certainly wouldn't advocate it. But the story and potential is just screaming at me to buy...

No you misunderstand. I'm not saying they are, there may never be dividends. It was a hypothetical question of 'if' they did, what would peoples targets be.

What's everyones target dividend price? Some have said 10p but I dont think it will hit 10p.

IF the bonds are sold, where can we set the share price sitting? One would assume at the 15-20p mark?

At the same it could people preparing their short positions. News and speculation raises sp, let it rise then sell. This stock has been an excellent return for shorters with big capital

Anything that trades on the otc in America is generally classed as a penny stock, get rich quick schemes. See wolf of wall street haha!

My favourite type of post. The classic "my pal knows a guy who knows a guy that said....."

The 1 pound party was a clever ramping tactic used to get investors hyped. Its partly why we saw a 50p sp. Forget a pound, you may never see a pound. It could be 10/20 years from now.

Haha, I love seeing a tribe flock defend a penny share purely because of blind faith. And no, sirius isn't 'struggling' to borrow anything. CF pulled back due to possibly the worst period for bonds in a long long time.

For those that have invested hundreds of thousands, what guarantees do you have sirius wont go private?

Arent divvies well after sirius clears like a billion in debt? That's going to take YEARS!

In fairness 68 still means everyone here gets rich...

Presumably you are a millionaire already throwing money around like that??

That's insane! I'm all for taking a punt on a decent looking small cap. But investing should only really be considered on fundamentals and balance sheets, concrete facts and figures, projections etc. I'm sorry but 100k is pure lunacy in a stock at this stage. If it pays off absolute Kudos but it will be sheer luck. Sirius has a fantastic "story" it really does and I'm invested myself on the "hope" that it pays off. We all know the risks though. It's an ideal stock to trade on sentiment and news though Imagine.

Ha! 1 million shares? Absolute tosh. Nobody here has that kind of capital. If you did, I seriously doubt you would have need to invest in a small cap stock such as this.

I like to have a few "good prospect" gambles, not complete vegas style, but a gamble with EXCELLENT odds, good balance sheets, a viable business. I recently acquired Sirius minerals as part of this, for anyone who knows who they are will understand.