Member Info for RickSanchez

If it wasn't for the ridiculous spreads, this could be a good entry point or price to average down.

Of course they need an extension for Carbon Direct Capital, because nobody is interested in backing these clowns. Burning through cash their last cash reserves at what appears to be 2 million per month, insane!

Chattty I absolutely have a clue. Stock prices rarely rise and fall this heavily for no reason. Currently there has been no RNS to justify a 70% drop in one month. The news has all been positive. But I am not claiming to have all the answers. What is your expert opinion?

Clear insider trading here from those with the right connections. It couldn't be more obvious.

Just over three weeks left to find matched funding to close the Carbon Direct deal. It's been very quiet since the May 19th announcement. If Velocys pull it off, at what price will the deal close. I cannot see Carbon Direct paying 2.5p at the current levels. For this reason I expect a new long term bottom to form. And if they don't find funding, well run for the door.

Only those in the most inner circles know what will happen next week at the AGM. For the rest it's a pure red or black trade.

One observation is the amateur rendered image. I hope they are not using it to try and obtain hundreds of millions from investors.

An RNS announcement after the AGM of new shares to be issued could be a reason for the slump. Just a hunch.

"duly noted". Wonderful.

4 Billion or more for construction. Slim chance to nothing they can pull that off.

Ria, that leaderboard has very little value. Amigo is on the brink of closure but is at the top of the "leaderboard" on pure speculation that it will receive investment to prevent it from shutting down. Risky business...

Ok. I got in at 50p, sold 12396 shares at a hair over 62. No need to be greedy and the spreads are not great. I'll wait till the 12th September meeting now for more actual news. I smell a fundraise coming so betting on a drop and then a possible re-entry. If not then oh well, next.

What are peoples thoughts, of course profit taking will happen any time now but what are the guesses here as to when? 70p sounds realistic to me from the lows of 38p not long ago. Unless some news is released, this looks like a purely speculative push.