Member Info for mcsquares

I have been slowly adding to a position down at these levels. I think this is a bit of an opportunity as traders have bailed into the likes of TRX etc.

That trade is now disrupted and I fully expect those that bounced away to other opportunities will move back in here. The illiquidity of the stock is such that 11p will be taken out in the blink of an eye. Even better would be an RNS that updates the market.

GLA

is in a good place - lets keep the BB upbeat. 3p has been cracked and on our way to the 3.5p resistance

Nice buying pressure today. Liquidity is good for sellers to take profits as those who recycled profits elsewhere and made a nice turn, come back in here with bigger pots.

3p has held very well and should give us a good platform to push above 3.5p

GLA

Disconnect between the two is rising - Bond markets betting on a deal whilst hedge funds try to kill the equity price.

Coiled spring in favour of the longs

Shorts are battling hard to keep there positions running.

I opened a long position around 2.30 in the early aftermath of the rumour. I watched the SP rise as punters jumped on board. Strategically a takeover is the leading proposition for the outcome to the companies future. Can the shares fall further from here - possibly but to be honest this will only happen if the noted shorts get greedy and try like they did first thing this morning to cascade the price down (fail)

For me this morning was an opportunity to add - which I took sub £2.20

The trading of the past few weeks has seen plenty of private investors pop in and out for a quick 10/20%. That's great as it ultimately means they have cash to keep propping the price as it falls whilst we wait confirmation of the current position. On a more positive note for me however is the Short positions

So we have 5 significant short strategies at the moment working actively against the share price. These Funds are much lesser known than the much larger institutions that exited earlier in the summer such as JPMorgan and Artemis.

So we have five who are fighting to extend/save their positions - or do we? It will be interesting to see who uses this fall off over the past week to reduce their short and who is left holding the can. My money is on ODEY to jump at the expense of the US/Canadians

Either way today was a nice buying opportunity - thanks - no trading necessary - takeover will be along at some point £5+

I added to my holding here at 1.759 when bid/offer was 1.75/1.78

No doubt it will come up as a sell -£7,500

He who shouts loudest to protect their position (or hedge fund) is worried.

Stand up the broker who has been battering the stock lower for the past 6 months most likely earning a fee for their equity deal facilitating the gathering of stack to close out shorts

Proactive should no better -oops I’m sure they make marketing fees there too

Ah well as they close we will have spurts of moves higher - the only logical solution for metro is a discounted takeover - only question is where is the offer between £4 and book value of £10

Good luck and remember as you panic sell you are letting another short of the hook

Any chance their institutional equity desk in Dublin are facilitating the short book for our US and Canadian hedge Funds

Wink Wink

RNS cant't be too far away. They are happy to take £13K worth at 11.55 and you cant get a quote to buy

Big POP not too far away

Buck - you bought at £1.70 and sold at £2.00

Now I know why you troll the board all day about falling share price blah blah blah

You dropped the ball for want of an LSE acceptable statement. Now you cant stand watching other making money. 20% return is always a great return but 100% move is just going to eat you up. I would suggest swimming with the tide at this point rather than trying to fight it.

You are now fighting against traders trying to get in AND shorters closing out. The game has changed with the takeover talk. The company will have accepted that as a standalone entity the game is up as per the short attack. The ball is back in play and the company will strive to get the best price for shareholders and where possible burn the shorters.

Good luck and see you at £3.40 (your 100% block that you will be banging your head against)

EDIT EDIT EDIT - Sorry folks meant for EUA

Anyone slices here and I will send the heavies around

Nice strong move today.

Plenty of traders will slice into the rise. These will be opportunities for those on the sidelines to get in. Problem for them is that the competition for stock is increasing

I will be sitting on my hands happily, particularly as palladium and other metal prices rally higher.

Going to break $2000 by year end

Market Makers rinsing out the last of the short term traders

Good 5 days activity - market makers will be loaded up for the next kegs up.

Is this a repeat of Bushweld (BMN) for 2019 - I hope so

and trolls fishing for a lower entry level.

Amazing how the same chumps wouldn't pick up at 17p

In some cases they are working in concert - in other cases they are simple spoofs who couldn't pull the trigger when it mattered and regrets build up.

Great entry level for those that missed the first wave

All the multibag profits are locked in and plenty are running free, however there will be those who bought this morning and sold in a panic and will troll the board for the next year.

Will buy again when this settles later in the day. May rise but too many itchy fingers at the minute

Used EUA profits to buy in yesterday sub 10p as others sold to pick up stock over there

Hoping now to see those who made nice cash over there - return it here in anticipation of RNS

and added another £5K worth here at 2.8377p

I fully expect an i3e/BLOE/MATD style reversal here on any positive RNS

The higher it goes the stronger demand is

This is great for AIM. Loads of profits all round.

I had 2.5p as a midweek target.

WOW

Directors dealing news came on a day when everyone on aim was selling stock to raise money to jump into the EUA juggernaut

Most who held their nerve have at least doubled their money and are starting to top slice out.

Did they sell BIDS because a few percentage points cash in of golden tickets by the Directors to splash out on their hard work or di they sell to recover losses on a fast moving gravy train.

The money has been made elsewhere (and continues to) - not s surprise to see this money flood back into BIDS and see the SP bounce sharply back to mid 20's/ The liquidity that a recent number of 100% moves on AIM has created should not be underestimated

GLA

Is having a bit of a revival. No shortage of 100% movers. Dont underestimate the liquidity that this will create.

Multi bag returns are being made in many stocks. When the money starts to disperse other beaten up companies like ourselves will benefit. If the company give us an positive update RNS then 5p_ will happen in a blink

Use the opportunity for bottom fishing.