Member Info for shamI89

Looks like speculative money moved the price yesterday from 1.90 to 2.30.A lot of these mid caps with no stamp duty are behaving like aim minnows.

255 level and may even go low.Market can take it to cleaners if update is not good.

That asset which was bought for few hundred thousands is worth billions without anything being done to it.Onoy mug punters can believe it.

And company will need to do a lot to justify it.

There was a seller in background or this sell-off is due to industry wide sell off.We will find out soon.

I though update was not bad but cant make sense of this drop.

Lets see it is hard to predict share price at the mintue.Results are out in three weeks and shorts have no reason to close them shorts before then.That is not to say we wont see occasional bounces.

And someone is using algo trades to drive the price down.Shorters are in full control here.

They have released updates in January in the past as well.But it is hit and miss.

I dont like Kmanis as in my opinion they deliberately tried to sabotage progress when this company was on right track.It is all about new management delivering.A binary bet at this level.

Kmanis are problem here, previous management was not doing too bad until it got removed by Kmanis.They brought in new people who had no clue and razed it to ground.Founders have rejoined so lets see if they can turn it around.

Anywhere or speculation is driving the price up?This company was doing well under previous management until Kmanies decided to bring in their own management and rest is history.

These two clowns were ramping the hell out of it around 45/50 level and since then share price has lost 90%.Every 10% drop is a "top up" oppurtunity for it to fall further.Warrant holders would dictate the share price if it falls below 4.

Are trapped here, many people got in for a quick bounce around 60s and Pete warned them about 4p warrants.That "sell off" should have acted as a warning to these traders but they decided to ignore it.Right now if warrant holders dont exercise these warrants,company wont get any money and company needs money.Anything above 4 would let warrant holders flip their shares for profit.If shsreprice falls below 4, they can force company to lower the price.

Biggest "vultures" are warrant holders.My worry is they can lower the price from 4p and that would be disastrous for shareholders.

Some people have decided to "p&d" an illiquid share.You know they have moved on to something else when they say it was a "long-term" hold.

It is all about if mug punters would stay in until next wave or bail out.Looks like quite a few have been spiked here.

These sort of shares tend to be great fun until musical chair stops.A few well known "p&d" merchants on twitters spotted a illiquid share and took heavy positions.Next thing you know they started promoting it through telegram and twitter.Tjis buying volume let them get out with 1000% profit while mug punters have been left holding baby.Rinse and repeat.

It was a pump and dump orchestrated by usual suspects.They have long moved on to next big thing.

Exactly,whatever way you look at it company needs money and that means warrant holders would be around.