Member Info for ojls

Who on earth is selling at this point! We are days away from a big update which could push the SP to multiples of the current level.
Before the last update there was a little drop of around 10% only for the SP to bounce back upwards by around 50% in the week after the RNS so its fair to say a few folks got absolutely robbed. You would think people would learn.

We all want TR1s immediately. I'm pretty confident Axa are dragging their feet and the MM's dont mind as they are getting shares on the cheap. Its all a little dodgy.

Does anyone know the timescales on a video being released.? I have heard that the BoD have reached out to PI but know litttle else.

If you are driving at say a de-list then its a pretty difficult process given the number of high value holders . The only time I have seen it done in an underhand way was CTAG who binned the NOMAD and deliberately didn't replace them to get ejected from AIM only for the director to turn it ltd within a week. Thats not going to happen here as its a very different set up.

Potentially a couple of answers to that question:
- A share buy back could happen but this would essentially be moving shares to a significant holder.
- Holders can set a high limit sell price so shares cannot be used by brokers to open short positions.
- A share consolidation could be undertaken (EG shares are swapped out at a ratio of 1 to 10 / 10 x £1 shares become 1 £10 share.)
Some more knowledgeable members may be able to offer additional points.

Fingers crossed this is the beginning of a gradual rise back towards 16p (hopefully more). Only retail investors selling up at this stage today and most of the trades are small so MM's can only slow down the rise rather than stop it.

It looked strong into close again so i'm hoping we see a turn northward in the next couple of sessions.
Equally it would be nice to know where the TR1s have gone for Axa et al!?

Just because someone shouts louder doesn't mean they are right. Fortunately Alan added some fair balance.
Yes -the markets are stuffed
Yes - ESL has had a very rough couple of months
No - I am not going to sell in a crap market while waiting for TR1s that could be the catalyst to fire the SP northward again

But lets face it - If you buy or sell on the advice given on these boards you would be broke within a week :)

I know these boards have little effect on SP movement so I don's think it is unfair to say -> Who the hell is selling beer money volume at this point in time. The amount of £100-£200 trades is remarkable and given the recent price movement and cost of retail dealing , none of them can be making any money. Just hold on, you are giving your money away to bigger sellers who will profit from your mistakes.

Of my collection of AIM disasters this morning , YU is serving me rather well.
Interestingly the market panic seems to have worn off very quickly as a fairly large number of banking and oil organisations have started to bounce back already (my guess is that a few fairly wealthy individuals made a lot of money this morning on big short positions and are now happy to walk away cash in hand).

Best to ignore the troll posters today and simply drown their commentary out with constructive conversation.
The market is getting hammered all over (I feel sorry for those holding big volume with oil producers). The trolls/derampers are using the downward movement to say "I told you so" despite their views having nothing to do with the globally negative market.

Today is more about losing the least rather than gaining the most. My LSE watch list is pretty diverse (20+ companies) and aside from one remaining level the rest are down by at least 5%.
ESL will bounce around the current position while the sellers clear off (I assume AXA and AT are selling today given the lack of TR1s) , after which we should be on for a solid upward move.

Although a bit sneaky it would be funny if they drop the TR1s this evening towards 6pm like last time.

You are right 20-30p is unreasonable. We should be aiming much higher, say 50-60p :)

I have drawn a chart in Microsoft paint that says we will see a rise to £1 within the next 45 minutes.
You must believe me as my twitter bio says I am an investment chartist !

The article from ArmChair investor stated 900% (pre suspension) which at the lowest of lows represents a target of price of at least 32p (The same level at which Dbay are exposed). The author confirmed this to me via twitter a couple of days ago.

The MM's moved the real time bid from 8p to 9p in under 5 minutes.
I shall coin that movement "The Reverse Robin Hood" - Robbing the poor to give to the rich :)

Bounce on the cards from here. Just put through 3 dummy sells and get a better price every time.
I can tell you one thing, the MM's are not having my shares today.

You would be clinically insane to have or take a short position at this stage. The drop has been pretty severe over the last couple of days and it simply cant continue.