Member Info for katstrangler

They can't sell if noone's buying!

Otherwise, every small (for them) sell drops the value of he rest of their holding.

pretty sure they'd rather be selling at 5p than 1.5p.

You really need to take your jaundiced view of the person out of the discussion as there's nothing in what i've said that is incorrect.

(and, as you were raving about GST making you 'another' millionaire - cough, cough! - for the past year, i think your opinion about other held opinions are... well... y'know)

BoD buying 1million penny shares isn't a turnaround! i suspect the jump will happen once the actors/writers strike is called off, otherwise nowhere to place ads/products if there are no new shows to place them.

Just how long it takes. housing is never going to be a poor investment (though depends on your entry level or average holding).

gla.

Have to admit, i smiled a little just before christmas when i picked these up around 60 and then sold them at 107 a few weeks later...

Holders making the assumption that the seller is ;forced; or distressed;? tbh, if i were a lther of this one i'd also be distressed.

the only people who've ever made money from this are those that sold, either as a trader or through being annoyed at the absolute lack of progress. and, even then, the question would always be whether it's worth buying back in for more shares for the same total cost. but there's not point in holding more shares in something still losing value.

only way i can see to make money on this one is to wait for an absolute trashing of the sp, like the last one down at 57 and wait for pi buying on the back of some well or ill-founded optimism.

gla.

There are always buyers for cheaper shares. the question is going to be just how cheap they get and why and will it bounce back without news? after all, that's what traders look for... the much vaunted bounce after a distressed seller stops selling. 'course, untill the mystery seller is announced it's down to looking at the sp for guidance.

There are times when placings come before 'not good' news as the company would fear having to place at an even lower level. 'course, the sp either has to rise after the placing or the shares are forward sold before the announcement 'cos no funders want to be left holding the baby, good baby or bad! they just eant their 30% guaranteed!

(not suggesting a 30% drop, though from the recent 140's... we're there already!)

I'm not sure you understand consolidation!

the % rise in old money would be the same, just at 1/20th of the monetary value.

Would have been tranformational if it had been for the NFL...

So shares being shuffled about but it's now down to the bigger players to make moves to see where the sp goes (higher, presumably but... !)

So report it and then filter. don't start throwing pronographic insults about. getting him banned from posting is better than being banned yourself.

So stop with the abusive posts.

Outside of news, the repeat 50k buyer that pushed the sp up from 6.22 couple of days back is partially a trigger. see whether he keeps them or decides to take som profit. having bought over 500k, he can make some pocket money if he decides it might dip down to 6p again. or he's holding from news.

If you check the bolumes trades (outside of exceptional trades like the 500k buy just gone through) you'll get an idea of trading sizes. but it increases with interest.

gl

Just thought i'd amend the spelling error.

'raided' sounds so nefarious...

You needed to break down the sell into manageable lumps. plus no idea about freetrade. most folk use reputable brokers.

plus you're still in profit so...

While not anticipating it getting there this afternoon (but would be nice) this is an excellent shorter term target, considering the doubling of reserves. (Does rather make the longer term - 2024 - target well north, if you want to hold).

I'd be happy to get to that price by next week.