Member Info for mcsquares

Will knock each other over to get back in.

The time will come when the day traders will hold fire. I suspect this mornings breakout should it hold will confirm the momentum that has been building and will potentially open the floodgates to the re-rate higher This move is similar to June/July 2017, where the small creep gathered pace and turn into a full blown rally. Difference now is the oil is leaving in tankers - confirmed

All declaring their sells loudly now.

In fact they are now creating the momentum that will allow them to buy back in lower. Aim is funny old exchange. So easily manipulated.

I have now bought in thanks to their hard work c1.8 so thanks for that.

This has now priced for a placing that won't come

Plenty of sellers now looking for the lower entry point. Keeping feeding the momentum and i'll buy a few more.

Once the traders decide they have got their relative 10% downside advantage they will start clamber to get back in.

Fear of missing out will bring them back.

Market Makers happy to play the game and of course the pariah TW now in on the act

Absolutely took some traders to the cleaners this morning. They "stole" the stop losses and gathered stock, using an RNS that most traders didn't understand, dropping the SP (using the troll network to exacerbate the drop). Once they had the stock the reality of the RNS has now soaked in and those that where stopped out are now tentatively coming back in realisation that they have been had

Fair play to all who used the drop to pick up stock

nice article Bozmo. I took a small holding this morning as it seems to me commodity and energy stocks are coming back into play. Better to try and take a bit of the action before any volume arrives. I like the small freefloat companies and the opportunity they offer - especially after traders have bounced out

Chimera I think you’ll probably see a few more from angs arrive to make back losses from over there.

One is the NEX exchange quote

Better you seem to be a very big punter.

£300K in Metro bank - good luck - I'm sure the rebound this morning has allowed you to focus elsewhere for the day. Underpants are so brown

Why are you wasting your time here? - Is it your usual mantra of being a bottom fisher - "Buy when everyone else is panicking" that you were boasting about over at Metro - Is it an attempt to create uncertainty and pick up stock on a slide?

By the way those questions answer themselves.

Cheers gig Recovery is going well now, thankfully Nice now to see the sp recover. Seems that our few weeks of incessant fighting on the board has quietened down again and sp has taken a small bit of upside momentum Onwards and upwards as we move closer to a big payday

After buying a very sizable chunk of these sub 10p. I am delighted by the move of the last week. After being diagnosed and going through treatment for a condition known as hairy cell leukemia (Hcl) I have had the time to do a lot of reading around immunology and drug development. At the minute my lukemia is manageable but not treatable. The advances within immunotherapy are rapidly raising my hopes for the future. I thought about taking profit in this mornings move higher and then I re-read the rns that made me invest and I looked at my own treatment. The unfortunate Scenario is that the opportunity set is rapidly expanding as cancer will now affect 1 from every two of us. If this company has a delivery system that is showing to be better than that currently in use and get a commercial deal, then those talking about 1 nagger will have left behind a significant portion of wealth I for one will watch this company as well as others such as Sareum develop platforms that soon could be leading edge in the battle against cancer

Morning Gig. I’m sorry to hear of your news. I wish you all the best and your family member a speedy recovery. I was diagnosed and treated for lukemia before Christmas and I firmly know that whilst I am fighting the illness it’s those around me who have the job of keeping everything together. Good luck and make sure to get a break yourself from the turmoil - Gav

Better is talking his own book

Ignore

Personally I would hope so however as discussed markets may dictate news flow - particularly the brexit newsflow. Corporate funding desks may be holding out till clarity around the end of March prevails. A softer than expected brexit with a strengthening pound and a sharp rise of inward investment from overseas will significantly increase the chances of favorable funding Remember overseas cash has dried up rapidly over the past 6 months hence the weakening pound. If that tide turns the pound could rapidly increase as overseas investors pile back in. Aim, small and mid cap stocks could outperform as UK pic comes back in vogue Fingers crossed for funding news as soon as possible- whether that is short term cash flow guaranteed and in the bank or midterm project funding

Cheers rxdav The ironic think about geopolitical events are the majority lead to an oil price spike. ( I don’t want to see something negative for the sake of an investment) I would suggest that the board were pitched debt late last year when oil was sliding and yield were widening in the region of 12%. Personally I think this project will be accepted around 9~9.5% Anything cheaper would be a bonus but it must be remembered that this financing will only be part of the solution and that offtake agreeements and futurecapacity sharing will also be in the numbers As I suggested before the SNS is getting very busy again and the major players are ramping up activity all around the North Sea- worst case scenario is that we have an attractive proposition that is taken out from under our nose at a cheeky 35p buyout and we don’t get to experience the rally and potential we have been holding out for Good luck and let’s get the board back to civil balanced commentary

Mate no one is happy with the drift back in sp We would all love to see 30p on the board but the reality is market conditions have changed and funding is on hold until conditions improve. Those conditions are improving and oil prices are rebounding and should continue to. As I said late last week credit spreads are improving and the appetite is still their for asset backed high yield debt offerrings Instead of ripping everyone here a new hole for daring to believe - chill out

Rising oil price and credit spreads coming back in all boded well for financing. The uncertainty of autumn is quickly evaporating - check out any high yield bond fund over the past two weeks and note investor appetite coming back Resolution of the China/US trade spat and a softening of Brexit are all helping sentiment. UK still needs a domestic gas supply and the potential for offtake agreements should be high Hope you are not short better - it’s one thing missing a downside entry point but it is worse chasing an sp back up to square off a short

Still looking for your sub 14p entry point - chancer

Tier - Better is the type of investor that slates a company on negative news (they either work for a Market Maker firm and help them square their books or else they are just home traders trying to get an entry point. Orders are most likely on the book and will fill when the disillusioned sell.)

I am sure Gig has got fed up, like I have with the change of atmosphere that the likes of better have brought to this BB. On the plus side his trolling has allowed me to add another £10K worth this morning

Thanks

The big gamble for those waiting for a lower entry point is the ability to buy should it fall. As we all have found out over the past few days - it is near impossible to get stock when you want it - a sure fire tell that the market makers have no stock and they are walking the price down to flush out traders to square their books.

Once their books are squared and they have sufficient stock in their back packs - this will bounce pretty quickly again and those on the sidelines won't be getting quotes and will be complaining about ~NT

Technically the price should halt around the 78p high and consolidate

Angel is it an entry point your looking for or are you working to square your book :) Onwards and upwards - free sellers here just mm manipulation