Member Info for JPMustang

And as a celebratory performance, let's remember some distinguished members (guess who they are).

Member1: The SP of this should be 20p! Any fintech company can open branches all across the world and do the same thing CAB does with a snap of their fingers.

Member2: Oh the bad news today! When this will stop? I doubt this company will survive tomorrow.

Correct me if I'm wrong, but if it goes private wouldn't that put a stop at the plans of becoming a clearing house in the US?

I also don't think it can be taken over unless someone offers well above £3 (probably ~ £5). The current valuation is joke and Helios won't accept anything that will undervalue the company.

This is excellent, excellent news in my eyes. I've heard that Bhairav was a bit of a bluffer at Finablr.

It's a pity he was given a silly amount of shares, this was a gross mistake of the board to award him ~2% of the company. The company would have been much better by keeping Albert Maasland.

You kill me mark. I honestly think you want us to light up the mood and get us laughing (you succeeded in my case!).

That's a pity. I made a good amount of money going long with CAB (with spread betting), and was hoping to do a bit more of that :(.

I don't feel so bad for the 2 big shorters... They are probably ~£1-3m under at the moment.

Mark9999 you sound like the boy at school who constatly claimed their dog eat their homework.

I find it very cute

There's very little liquidity. The short sellers were the ones giving liquidity to the share but they might be quiet now.

For example, the SP just dropped ~10p (9%) when a volume of ~105k shares were traded. I think everyone, includig myself, is keeping their shares as we have a beilieve that the SP will increase. Personally I think the SP will correct itself in the 120-180 band in the next months and from there will start growing/falling with the performance of the company.

I have the impression that someone out there is buying non-stop. Anyone with L2 access can share how it looks?

I wonder if it's one of the shorts trying to close and trigger limit sells at just below 100.

I find it odd that he1 raised cash without an announcement that the well is ok for exploitation. The only reason I can think of the new cash is to move to the next well as this one is not good.

Happy to hear other opinions!

Depends on the time frame, I wouldn't bet it will go beyond the heat death of the universe.

But I think it will survive for my lifetime.

And one of the shorts went again below 0.5%

Feels like the shorters are the only ones injecting liquidity.

Buying a SaaS product is not something one does for 6 months with an optional extra 6 months. Buying a SaaS is usually a multi-year investment as it's expensive to switch providers for whatever product that is. Even more if the product is to keep the company in check with regulators.

I have the impression that RTOP has sold consultancy services (as in outsourcing) rather than a product.

I haven't invested in RTOP, but having worked in banking for a long time, reading their website and product material raises many warning signals in my head.

As always DYOR (and if you have a mate working in the technology area of a financial institution, have a chat with them!)

Just being curious about what other things are on your radar (I still hold to my CAB shares!).

I got some Naked Wines a while ago and it's doing very well since then. Also dipped my feet on Endeavour Mining after the CEO was ousted and it's giving a small profit, but on the up. And got some WisdomTree Japan ETF which has gone a nice ~12% in the last 2 weeks.

Only for 2 days, but might be a nice profit for them as the SP went down quite a bit in the last 2 days.

I would like to top up, but I'm already swimming in this share :D

I would love to see it go up (+1 to fordy88), but given it's a Friday, I don't think it will move up from where it is now (or maybe down by 1-2 pts)

This share is more exciting than the first season of Lost. Citadel reduced their short (and maybe it will close it down?).

I do hope to see the SP go up tomorrow and see it tickle 100p (I can only dream! :D)

One of the positive things about CAB is how diversified it is. If the DOW is down, it might affect companies buying commodities from countries in Africa, but won't affect any of the other organizations that do business with CAB.

Jumbo, did you open a short? as your latest messages are all about 'it's going back to 80'.

[correction] What a day. From the ~25 UK stocks I'm tracking, all except one is **red**. (most of them are down today)