We would love to hear your thoughts about our site and services, please take our survey here.
If you need someone from a board like this to help you with your decision making - I would in the nicest possible way suggest that investing is not for you
At first glance this looked like an iffy stock. But seeing that it has institutional investor's and director's that created ADVFN add's some reassurance.. Guess I'll just take a stake and see where this one goes! :)
Not often that you see a companies NAV worth more than the MCAP.. Think I'll pull up a seat and relax! Thanks NotBot :)
Not much going in this chatroom is there? lol - you'd think off the back of the RNS today there'd be a lot more activity
JenNeil - I'm not saying that this company doesn't have a future. What I am saying is that the price is being manipulated. It happened yesterday.. it happened today... and it will happen tomorrow - all before 10am.
The huge amount of buys and sells OFF-BOOK should be a red flag to anyone on a stock as volatile as this. Why is it so hard to believe? lol
Realism - the fact that you are acknowledging a wilful manipulation of the price i.e. "They'll drop it first thing to panic some more weak holders and then it will rocket, similar to yesterday" says to me that you're aware the price is being artificially manipulated. So - how can you not connect the dots with all the after hours off-book buys??? It's literally staring you in the face... this is a pump and dump
Steve - look at the off-book trades that are coming in... SOMEONE is manipulating the hell out of this stock. It will rise tomorrow morning very very sharply and suck a bunch of naive traders in - only to then dump the stock for a handsome profit. You will probably get your money back tomorrow by the looks of things. But just be ready to sell when you do
Capital preservation should be your rule number 1
Short term?? Perhaps not.. I think that a lot of people that were trading this were only trading it for it's volatility - and not for the asset potential... (I'm happy to be proved wrong here). This seems to be running out of steam.
Long Term?? Upon FCA approval to become an API - and if the company actually has a product that's worth the MCAP and starts generating revenue - Perhaps. How far away is that? You're guess is as good as mine.
Just my 2 cents
Almost all of the big last minute buys/sells were off-book by the looks of things.. and this made me wonder "what does that mean".. well:
"Cons of off-book trades
Off-book trades can have a higher risk of counterparty default, as there are very few rules or contractual obligations.
For some off-book trades, there is no official record kept at all. The drawback of this, is that off-book trading is often used by individuals looking to conceal their behaviour from others."
https://www.ig.com/uk/glossary-trading-terms/off-book-definition#:~:text=An%20'off%2Dbook'%20trade,off'%20of%20the%20order%20books.
Anyone else think that what happened last minute was strange as hell?