Member Info for RichTheNewbie

Johnlatocha12 - does rather look exactly what I was describing doesn't it......although I also think it can be explained by what I was suggesting - without the need for a conspiracy theory.

Trading very fishy atm.
Big trades at prices which have to be buys but small sells result in immediately backing off the bid.
Can only assume some of these brokers/MMs have some placing stock left to flog at anything over 13.5p.
Have to wait for that to finish before we see a move.
The big buys dropping in will help though.
Once you see 13.75p or 14p on the bid you'll probably know the brakes are off.

Looked a fairly cynical peppering of the bid in the morning to gather stops but looked unsuccessful and quickly got bought back up.

Fair enough.
I'm actually not a cryptocurrency fan but accept there's a chance BitCoin will do well and therefore Vogogo be lucrative.
Factom I'm more positive on and think that should do well.

Oh someone beat me to it largely ;)

Crypto valuations are irrelevant to something like Factom.
Blockchain is a technology not a cryptocurrency.
The price of the token going up or down a bit really doesn't matter very much.
There has been global pressure on cryptocurrencies lately.

Vogogo is different though and I agree I'd not want more in that.

Sounds rather like XEL (Xcite energy) many years ago Predators.
Back when I was relatively wet behind the ears and unaware of AIM games.
I think I sold it in the morning as it was tanking and heading down 1,2,3,4,5,6% and picking up pace. I was going to be commuting with no access to live data so decided to be prudent and sell out for a small loss.
Much to my great ire I log on later to see it's risen by some stupid amount, 50/70/100%.
Fairly blatantly the market makers / brokers utterly rinsing the newbies like me at the time so they had plenty of shares for the inevitable rise on the news they no doubt knew about.

Then there was some Chinese ship building company (Shandong springs to mind but can't remember)......had no interest or investment in it.....but was reading morning RNSs from lots of companies and thought "that's about the worst RNS I've ever seen" as they'd lost virtually all their big contracts and looked totally shafted to me.......the price then rose about 1/2/300%........totally baffling me as to how I could be so wrong......however shortly after I think it delisted/went bust......reassured me I wasn't mad in my RNS interpretation but shows the nonsense that can go on with the price action!

(percentages quoted are all vague recollections without checking but you get the idea!)

I generally agree. Although it’s also not unusual to see a big trade or two precede the action. Whether it’s leaky old AIM or just straight buys that kick off action. As you say it may equally be nothing. I have no need for counting any poultry though and certainly won’t be doing so :p

Could be a rollover but the fact the price was lower first and higher second with the volume the same suggests it might just be two big buys.
Probably find out in the morning I guess!

Yeah - that's weird. Not seeing it on my Level 2 screen and not on other sites. However can see it on this site as you describe now. Not a clue what's up with that!

I'm only seeing two on the sites/feeds I can see. You sure that's not just a duplicate?

For those not as eagle-eyed, or obsessive trade-feed watchers as me, someone snuck a late buy through on here for 175,000.
That'll take big chunk of the MMs remaining float and prep this to rise nicely given any more buying.

How anyone can make point 3) immediately after making point 2) and expect people to take it seriously (and not laugh) is beyond me.

Firstly TW is not a great deal better than a shock jock and not worth listening to.

However he does have contributors on that site who are decent (Gary Newman for a start).

This article isn't written by TW but instead by one of his contributors who's hiding behind a pseudonym so we don't know who it is.

I've just read the FFWD article in question and it's pretty rubbish and contains literally nothing of interest to anyone.

Basically a short summary is:
1) Has a very obvious bias against Woodford/Abony/Mellon
2) Manages to praise their investment returns in FFWD so far
3) Then immediately after ****s them off for making further investments with the proceeds

Not sure why you're all having a go at Molijen. He (or she) just asked a question. I've now answered it. So we can go back to all playing nice ;)

I speak my mind.....even if it ****es people off.....it usually isn't long before it does someone ;)
(whether I'm wrong or right.....it's honest at least - despite what lots of people will say if I've turned negative on a stock :p)

Have a good weekend all.

things=thinks

The rough translation/timeline is (imo):
- They put a line in the first RNS, to say they might offer shareholders the chance to buy at 13p too, to try to cheer up shareholders
- People like myself, pointed out to them that this is a silly idea, even if it's well meant, because everyone either things "oh no more dilution" or "why buy now when there will be a 13p offer and people profit taking if the price is above that" and therefore effectively caps/supresses the price
- They then release a second RNS to withdraw the offer having seen the error of their ways (even if it was probably well-meaning)
- The price stops dropping and starts rising

Rather an ironic comment :p

The placing is already done....

That was the most silly part of the RNS.
Giving ANYONE the option to participate, at a price you don't think is very good, is a bad idea.
They probably thought investors would like that - I just see another thing that stops the price rising.
That and not giving a good enough explanation for the raising, considering it was considerably lower than Lorne sold his shares for, it's all bad image.
Might make good investments but they really don't understand how AIM works clearly.