Member Info for Sanboy

Just seen this as i dont come on here much. My slice has always been £1, but leaving my long term shares in to see where the company gets to with the product. The long term shares i talk about are in my SIPP, LISA , Pension, Kids ISA etc as i dont really look at those as needing to be in profit right now. My Company invests in this stock and those are the ones that I'm looking to cut.

For what its worth, i have never signed up to the £10 statements and am a lot more realistic in targets. The revenue could be eyewatering on this but i see that as long term when the bridge is fully adopted and loads of trades happening. Need the traffic for that and visibility, which i think the company were doing in the US at the start of the year.

San

Started position building today on Angs. Will be more when CLON exit price met. I like the potential here against a low MCAP

San

MMS were keeping the spread wide for so long to get the placing churned and then breakout on the ASK and closing on the spread with a rise on the BID. I did post on Twitter that i thought the churn may have stopped or reduced around 2hours before close. Doesnt mean it wont start tomorrow, but delayed trades may indicate whether its stopped. Worth looking at whether any delayed sells pop in with a timestamp from 14:30 onwards

San

Looking at that end of day trading, we could see gap up tomorrow morning. Aggressive into close and a day high on close. See what delays show us

San

Glad i bought more at .386 this morning. Seems like the best play at the moment on the markets

San

Ramping the share? You really are a very silly sausage London. Not sure the statement below says Ramp to me. I think I wrote it in English. My exit price is realistic and it will hit, as do all my shares that I own. You wonder why people don't post on here anymore and then you see that. Jesus Wept

San

Pretty painful at the moment across the whole of Crypto and any stock connected to it. It will turn as the big funds buy back in after manufacturing the drop to get bitcoin on the cheap. Best to switch off or sell up if you believe this investment is dead. Personally im in and wont be selling until my target has been hit. Go out enjoy the sun and be thankful that you aren't in the middle of the Donbas.

San

Was that at me? I dont want it to drop further as i already own over 1 million so am close to break even. I have been in since last Feb

San

In all honesty i really dont understand todays price action. Huge buy printed, more buys than sells but the SP is plummeting. No answers to that. I completely get people selling out as the company really havent done enough by way of comms. However, really cant see the value in selling at these levels with the trading range between here and mid to high 30's. Fundamentals still the same but need something out sharpish

San

remember to add PE ratio on that figure Somerset ;)

San

So i had some spare time over lunch so fancied a bit of a "debate". The following are KGR posts over the last year, which indicates losses on almost all shares he is in. I think you bought in high in VLRM also

PHE
Not a day trader , bought last year , lost a packet....about 10 months later down 50%.
Not the best investment really.
30p in a few years ....thats the best one ive heard today lol, but ill probably still be here to break even by then.

COIN
Yep, no real twitter action on this....feels like its time to take a hit and move maybe release half of my holding to other BS sticks pumping with no real fundamentals...crazy

HUR
Sack of ****
Worst investment I've ever made (in a year)
Feel sorry for those who still have hope

AMGO
Withdrew half my shares . did the very same yesterday, as you know you need to react to the reactions -ve or +ve

San

There you go folks. Unfortunately you cant reason with some people. I imagine you are in the hole significantly and this will continue to be the case on future stock you invest in. I would suggest you stop investing and take up something else, as you don't have the Patience, Market Mechanics Knowledge or general Maturity for this game.... Very Silly sausage indeed

San

No value in that post whatsoever, and you wonder why so many people have vacated LSE boards. If you understood the markets you will know that traders will buy at a low range then sell into a rise. This happens on every single share and VLRM is not immune to it. Traders will get there 10-15% and move on. The LTHs wait until news hits to see the rerate. I have no issue with either strategy, but you seem to. The rise yesterday was nothing more than a new buyer coming in. No fundamental change to warrant the increase.

KGR this isnt financial advice, but i strongly suggest you assess whether you should be holding VLRM as your posts indicate that you are either
a) overexposed
b) Impatient
c) Need the money

For what its worth i held GGP for 4 years and at one point i was down over 70%. I made over 1200% before selling in mid 20's. Not a brag statement but more to highlight that patients pays off if the investment os sound. Only been holding VLRM for just over 1 year

San

Actually its common to do that. A big order will be worked through and the MMS can short the stock (Shown as a sell) or move stock around to show sells. This stimulates the market to either buy against it or Sell. Take a look at the activity once the 450k was declared, 50k, 50k, 25k and then the 83k non rounded sell. The MMS are trying to get to a point when they know they can make a market thats most lucrative to them. Most of the big buys today were delayed but the big rounded sells came through immediately.

As for comments here about pump and dump, the stock movement and notable reduction in "Visible" freefloat means that the shares are becoming more sticky. When you look at the share register update and the days of heightened sells, it almost aligns to the reduction in JIM shares. They are being eaten up as per the April update (I posted this on twitter if you don't have access Sanboy83). Also whats notable is Lenigas still holds 7m, which i would believe as i would think its serious to falsify the register of shareholders.

For me its pretty easy. SP movement like this means nothing. I'm invested in this stock and only trade Russian mining stock at the moment as its the most lucrative for daily gains (Bit like COVID stock during the pandemic). Any profit goes in here and i start another position. Its pretty simple here. Either hold the stock as you believe it will make you significant profit or sell and move onto something that has a better investment case. Im not sure there are many stock better than this because they all have either
a) Significant Debt and dilution
b)huge capex costs
c)exposed to Russia / Ukraine conflict
d) Awaiting FDA approval or waiting on clinical trials

VLRM has funding, deals approved and minimal capex costs. The risk here is Gib rejecting the deal, which, based on research seems very unlikely.

San

Its good to have a diverse portfolio, but I have seen many more Pharma and Mining explorers collapse than Fintech companies meeting a specific demand in a stable market. Admittedly there maybe more experienced folk here as im 7 years in so still a newbie to this game. However that all said the biggest return on investment was on an explorer (GGP)and on PHARMA (NCYT )

sAN

So here is a question, which is more risky

A) Investing in a Gold Explorer drilling core holes in a license in Australia which will then need a JV agreed to extract the stuff in 7 years time
b) Investing in a Pharma company awaiting Phase 3 trial results on a new Respiratory Drug which will then require FDA approval and then agreed sales contracts
C) Investing in a Fintech company buying an *established exchange , which will then need capex cost to convert the exchange into a digital trading platform that can sit on a (Potentially) 10% owned tech (Gate) linked to an available blockchain.

*Has 2500+ securities hosted at a value of $5 Billion

San

That should say *I dont think this is a high risk share*

Personally i dont think this is not a high risk share. If you complete a risk analysis of the company then you will find its low compared to other stock. This is how I see it

Risk 1 - Deal rejected - Impact High / Likelihood low. If you look at all the information coming from Gib, they really want this. They want to be the global hub of Crypto trading and regulation. The Finance and digital asset Minister has actively said that he sees the procurement of GSX and conversion to digital trading platform as a catalyst.

Risk 2 - Major share holder sell off -Impact Medium / Likelihood medium. As mentioned yesterday, major stakeholders have not sold over the quiet news period, so cant imagine it happening until news hits and then there will probably be a derisking/top slicing position with minimal impact against increase demand from positive news

Risk 3 - Placing impact medium / Likelihood Medium. I think even with the credit agreement RNS there will need a future placing. You need money to grow a business and the capital needs to be upfront. However, i believe placing will be at a much higher price

Risk 4 - Collapse of Crypto and demand for trading securities - Impact High/Likelihood Very low. I think we can all agree that there is significant demand for this bridge and Crypto aint going away any time soon

Now try and do this with shares like EUA, GST, VAST, GWMO, COPL...In fact do it to any fledgling mining company that is drilling a hole in the ground to pin point a resource that may or may not be there. The upfront capex costs are huge to do that. Whats the Capex cost to convert an exchange to a digital trading platform. I will give you a clue, much much lower than drilling 20 diamond drill holes in a field in Zimbabwe during political instability. The same 20 holes that may find zero grades. Suppose Risk is relative to the appetite you have for it.

All in my opinion
San

Just a waiting game like all stocks that need something like a Mining license, FDA approval, FCA approval, JV paperwork sign off, Merger/ Acquisition completion etc. Think its 6 months since we hit the gsx buy request so cant be too long to wait. If you think its not going to happen then sell, but if you are invested then hold firm and wait for that red dot to appear. It could come at any time.

San

Hit post before changing the title. One of the risks that people highlighted on here was David Lenigas selling whilst pumping the share but his holdings have remained the same. Would be very serious if the register had been updated and the holdings were a fabrication. Think its a positive thing that all key holders are still holding the same amount

San