Member Info for ProfitSniffer

I get it and I don't. I have worked for and fleeced many companies, would I invest my own money in them to prove affiliation?

Absolutely not. My money is my responsibility not shareholders of a business I work for, and I am sure you will agree that there are many less risky and potentially better investments for Dan than Solgold! We don't know his risk profile and for me, he has no need to prove "we're in it together" by flashing his own cash at some shares.

Emotional attachment can skew pragmatism at times.

Magpie, if you want to place trust in poorly processed summaries of amalgamated internet searches spewed out by childish left leaning programmed "learning models", then feel free to do so, you'll get your backside spanked in the markets with that kind of naivety.

Page of Cups: Within the regulatory announcements regarding WeShop made by WCAP, in the about us section, it clearly states that 90% of WeShop will be owned by its customers as an aim. Unless I am missing something massively, spending with affiliates will be rewarded with coupons rather than cash, which in turn can be converted into shares in WeShop.

Therefore between now and sometime in the future, shares will be printed to satisfy these coupon redemptions thereby diluting existing shareholders.

It is much like an incentivised Ponzi! Each layer of newcomers is incentivised to invest "cash" (or coupons) in the company in lieue of cashback payments in the hope that the platform can keep on attracting new mugs to prop up the preceding layer of the Ponzi.

As stated, I have taken a punt but am seeking to have a grown up debate on what the WCAP shares present realistic value is, because it simply cannot be 11.8% of the NASDAW listed company's mcap.

Shall we have a go at examining some reasons for the price disconnect without resorting to asking AI engines and cutting and pasting the utter garbage they come up, complete with silly pointing fingers and other emojis that depict the woke morons who programmed these things?

A good starter is of course the one year lockout, so are we betting on where the price is next November? If so, at least as it looks from the off, it's a reasonable arbitrage on offer. Then again, the multi-billion mcap is at this stage obviously completely absurd.

Also linked to that lockout is the "About WeShop" line that tells us that the aim is for the company to be 90% owned by its customers. How and when that is achieved is beyond any research I have done or am willing to do for a pure punt, but somewhere between "a few this year" and "90% this year" lies up to 90% dilution in shares issued to customers. So what actually is the 11.8% stake diluted to by the time it can be cashed?

To balance that, if We Shop has willing investors, then a waiver could be issued to allow Pre-IPO shareholders to sell their shares.

Finally for now, there is market awareness and exposure. I suspect many who took a punt didn't know much about this and being an Acquis share is hardly conducive to high liquidity.

So what is the true value here? My thumb in the air without analysing anything deeply is somewhere around 10p at best after overhang is cleared.

I get the argument, skin in the game and all that BS, but the optics are clear to me. With energy and drive he has rerated the share from in the sixes to over 20p for the first time since April 2023.

Sticking 10 grand of his own folding in is nothing more than a pointless gesture. I judge people on results not virtue.

A third no from me too for Caldwell. There's more go in a red light. He should be in a retirement home somewhere being spoon-fed soup with a bib on.

Actually I see that as a positive in his judgement. If you were given 7 million options at 7p, what kind of moron adds to that? How much exposure does he need when he gets all that for free?

Hopefully he's had an incident with a length of rope and a lampost

Perhaps it was originally written in French and they couldn't find anybody to translate it

Hmm, can only be bananas, metals or oil

That's because they're always trying to save their bacon at the AGM

That would be the boot up the backsides that would push it well into the 20s. I did point this out to Vjucic a few weeks back

They are, they're heading the bid at 3.5p (12:53) and at the same time moved down the ask to 4p

What do you mean by "the book is thinning out"?

There are always the same number of MMs and the same number of shares on Bid and Ask on SETSqx, currently 6 on each at EMS of 100,000

Slowly improving, but still not strong enough to hold and break. Yet!

The average cost of a pint in a pub in 1997 was £1.81.....

Amazon is a prime example, its losses were huge and turned its first modest profit in 2003 with massive revenue

Hopefully he's not in the Epstein files

The use of super in almost every sentence as a pointless adverb is something that is the trait of a Gen Zer. I didn't have Rodney down as that young!

*halve in price not half.

I'm more inclined to wonder why a Ponzi scheme would have a market cap in the billions anyway, but that's by the by. I shall be ready in the morning to watch the data and make a judgement accordingly. My aims are modest, 50% will do me.

Crocodiles don't blink as they say medi