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LtdAxis - stop trying to scaremonger. The share price rose from around 2p to 4p (approx values) in the run up to the previous date for the court case and those that sold out probably sold at a profit. This time round there hasn’t been an increase in share price (yet) so I highly doubt there will be a mass of selling if the court result isn’t favourable as I don’t think there are many new investors who are in profit... me included as I’m currently underwater.
What kind of an investor puts their money into a share and then starts spouting about how the share price will decline? Oh yeah, the same kind of person who wants the share price to be lower either because A) their shorting the stock or B) they’ve sold out and want a lower entry point.
I, like many people here, am extremely frustrated with the lack of progress in this share and hopefully in the next few weeks that will change and we’ll start moving forward but do people on here seriously think that bad mouthing the stock is going to achieve anything apart from creating a negative atmosphere and potentially putting off any new investors that may read this board as part of their research in to the stock.
DIFTK - everyone has a reason to be concerned with any share they invest in, no one is saying you shouldn’t be... but you’ve said previously that you “sold out with a tiny bit of profit” and now you’re saying you’re leaving 75k shares in... if you’re truly concerned then why not sell those as well? It’s not like you’re sat on a loss is it?
Personally if I don’t like the sound of a company I won’t invest any money in it... but each to their own.
Thanks Dave, I’ve never looked into the type of trade before, just thought they were printed delayed for whatever reason... so is this a method of keeping the share price relatively stable as I guess if they were printed real time it could cause a buying or selling frenzy?
Ah ok I understand that. Thanks Dave, appreciate your input on this board!
Why would the MMs try and put people off trading?
Dave, I’m pretty new to investing so still have a lot to learn - would you mind telling me why a wide spread is significant? What does it imply? Thanks in advance
Dave - volume looks good compared to the last few days as well
Good point!
What makes me unsure is that this Quantum Blockchain has been set up as a new company. If they were just changing the name, you wouldn't set up a new company. So maybe they will do a name change but notready1 is right and Quantum Blockchain will be a subsidiary?
Hopeful that the two are connected and we hear some news soon!!
Hi Aandi, I'll be looking to Bed and ISA next tax year so just to clarify... If I want to Bed and ISA £20k and would theoretically be going over the CGT allowance by selling, then because of the 30 day rule there won't be any tax to pay? I've been thinking about this the last couple of days trying to work out what the max amount I could sell is to not pay any tax but looks like I don't have to worry about that and can max out my ISA which I'm happy about!
P.S I've been lurking on this board for a few weeks but just wanted to say that I've been really enjoying everyone's informative posts on here!