I sold out if fres because someone had me thinking getting out of ftse 100 will kill it. (Nickel investor) so I sold out at 555p only for it to get kicked out and then rise to 675p. Ftse 100 funds drop ftse 250 funds pick up.
These guys had millions tied up in nmc. They figured out a way to enjoy life and not sell their shares. What they forgot is the market knows how to kill you off. They were stupid enough to have done that or the shorters would never been able to close.
Mate they just used their shares and lived it up. Think about it I got 100k in here. Its useles to me until I sell and get my measly dividends I dont want to sell as they are going up. So i give them to the bank and say give me 100k... I go spend my 100k enjoy life.. now my shares are worth 200k. So bank says here have another 100k go take another wife buy a Ferrari. And so on it goes until the shares start falling.
If they couldn't close their shorts we woulda had a short squeeze back to 2000p in no time. But them shares being sold off by the banks provided the shares they needed. Now all we got is a business trying to prove its done sweet f all wrong ppl trying to get in cheaper ppl like me hoping for a quick recovery ppl thinking when and if this is a bargain..... and if $300 million profit is coming we needn't worry about debt. If they manage to pay of a $90 million bond when not due I think they are ok for money.
This was a inside job. They knew the shares were held as collateral. Shorters need shares to buy back. They started shorting in june. Sent a file to muddy waters in dec. To cause full on damage. Shares hit margin calls. Banks sell shares to cover their loans. Shorters buy them shares back. Jobs a good un. If the business is overall sound shares will re-rate back to at least 50% of previous highs. 4000p/2 = 2000p. But the cycle of evil takes around 18 months. Looking at other targets in past where the eventual busines is sound takes around 12-18 months to recover.
I give up here. Il be back march 5th. Hopefully to sell this around £15-20 by may this year or next.... will it happen? No idea because I said I hope. We don't move this share price have you not seen the 25 rns in a day. The big boys move it. Short term up or down who knows. Long term will be a great recovery.... garydav hallabalooo kabaa and whoever else shows up sprouting nonsense with new ids only tells me one thing theres more interest here than anywhere else. Every dog and every fool in here or wants to be in here. 2500 to 775 id Like to think enough its time to go up. Market knows the cheaper they make it the easier it is for someone to take it. So theyl be weary making it too cheap. Its healthcare not oil not mining healthcare ppl are always sick and need babies..