Member Info for Redhammy

I’m intrigued to know, so could you please indulge me by answering this question -

Who pays the paid rampers?

I’ve just got back in after a brief, but profitable visit to CINE. Imagine being in SYME and feeling relieved how stable it is! The world is a crazy place sometimes.

I’m sure that anyone that’s held/added from 8p levels aren’t too fussed about a technical suspension. But there’s plenty that would have been buying at 70p+ not that long ago, I hope it gets back there for them.

People are probably paying 19p because they hoped it would drop. It didn’t. People also probably see value at anything around these levels. Those that haven’t have probably sold. It’s not that difficult to understand.

I’m not part of any boiler room

But I do like to try and make some money where I can. I’m sure that there are people that love this company and have held from much higher levels, which probably makes them a bit more sensitive to criticism.

There are clearly also people that hate this company. Maybe ex holders that feel cheated and want revenge?

Then there are those who seek to disrupt. These are the people that don’t hold, have never held, and have no interest in owning of shorting anything. These people are always winners, because they have nothing invested, therefore nothing to lose.

Every board has them, the more popular shares have them in droves. This is a symptom of the Internet age and instant sell or buy. These people were not around when you used to buy a share, hold it, and hopefully watch it grow. A bonus if it provided a dividend. They can say whatever they want, because they can’t be wrong. If it moves against them, they just toddle off to the next one.

You can argue until you are blue in the face, but you can’t possibly win.

Imagine wanting a company to fail and people to lose money. Seems a bit sad to me.

Anyway, good luck to us all, whichever outcome you hope for.

Ah, that old chestnut “if they don’t take part in the offer, it’s as good as dumping”

Classic bull****tery there folks!

At least the spread has tightened up for anyone that is trading this. Balls of steel required, but best of luck

It seems strange to me that they all mention that they will buy in at “x” price. If this is as bad as they say, wouldn’t you just not bother?

Or maybe that’s why they spend so much time talking it down???????

The people waning 8p to buy in are they same people that didn’t buy in when it was 8p. Funny that?

If/when it’s suspended, it really all depends on what happens before it relists. If there are serious problems with the accounting it will get hammered, but if the problems aren’t material, then it will open much higher. Which way it goes is anyones guess. My own opinion is that it didn’t go anywhere near single figures on Friday, plus we have at least two separate entities stake building, so I don’t think it will drop much, if at all. You would have to imagine that BOO are very well informed of what is happening, I’m hoping they know more than anyone posting here! One things for sure, it’s going to be another interesting week.

The same people calling for suspension, administration, manipulation to pick up the company for peanuts and all the other fantasy nonsense, are the people that said the same at 8p last week. They are so obsessed with people losing money that they won’t see a golden opportunity right in front of their nose. It’s pointless arguing with them because there are way more of them in the world.

I’d be stunned if anyone taking a 12.8% stake is doing it to “prop up” another company. BOO have a BOD with a duty to their shareholders, so that is absolute rubbish in my opinion. We will see next week who has added or sold down. If someone is stake building then we are good to go, regardless of accounting issues, which I’m sure will be resolved. I cannot see how any changes in the accounts warrants the drop that we have seen here.

You only need to look at last week to see what can happen. Nobody can say what the price will be, but you would expect that 7p would hold, because it was under intense pressure. Of course there are still sells, there needs that liquidity to make a market. Any sells recently have been mopped up, people with more knowledge than me speculating that it’s US funds, possibly building a stake. Maybe not, but someone with lots of money is buying in. Once Jupiter are out and shares become less easily available, you would imagine the only way is up. For the time being, at least.

I think there were 9 down days in a row, hopefully get 9 up days now. Maybe not all 30%+, but you can hope. Only 9 trading days until results, where will we be by then?

I think Jupiter probably do still have a fair chunk left to sell, but also probably a lot less than they would have if we hadn’t seen such volume over the last few sessions. Everyone has seen what will happen when they are totally out or stop. This is still a great entry point, if your timeline is longer than a few days.

It’s probably healthy to get a bit of a pullback. Should help increase the volume and let the next lot take their profits before another leg up. Always leave something for the next man!

More than three times higher than the biggest ever volume day today. If they aren’t out now! Hopefully we’ll get some more TR1’s showing who’s been buying in such volume, I’m sure we’re all doing our best as PI’s, but I doubt our pockets are that deep.

There’s another 11 million gone through

Nearly a third of the shares in issue traded today, I bet the BOD are a bit miffed that they couldn’t buy any. Well, tough luck, you got us into this, so you can get us out too. Also, thanks for the opportunity of a trading lifetime.

A near 7 million dump and we are off. Double digit finish is nailed on. I hope you have all taken advantage because these opportunities don’t come along very often