Member Info for Shardster

even if I knew how to I wouldn't risk doing it on this share yet as it doesn't follow any logic

I've given up trying to understand what is going on here

still coming through

hits a number ending in 0......followed by a few sells.....MM's stops the sells....more buys come in and continues north

to revise my exit from 200.00 to 300.00 now ;)

Gate Ventures PLC Wednesday said that Jun Zhu, an investor who has amassed an 8.74% stake in the company, is set to become its non-executive chairman, and is possibly planning to take a bigger shareholding in the newly listed stock. Jun (Michael) Zhu, who acquired his 8.74% stake from Black and White Investments Ltd, is currently the executive chairman of GNet Group PLC, an e-commerce business based in China, according to Gate Ventures, which added that he also chairs retail and wholesale trade business Sun Shine Holdings Group Inc. "The board's understanding from Mr Zhu is that it is his intention to build a significant investment in the company either through market purchases or a new subscription, if available. The board is also in preliminary discussions with Mr Zhu as to how his contacts within the media and entertainment industry and providers of finance in Asia could assist Gate Ventures to expedite its investing policy," Gate Ventures said. Gate Ventures, which raised GBP3.2 million in an initial public offering of 3.2 million shares at 10 pence each on AIM earlier this month, has seen its shares soar since it floated in London. It wants to make investments in media and entertainment.

WOW

there is a big Chinese buyer in the background so I'm sure he won't want this to plummet

I'm pretty sure as well.....if it does reach £2 that will still be less of a percentage rise than yesterday

on the ask

its going to be another big riser today

they held it for quite a while.....I reckon more big buying in background

now let it go.....rising already

cannot buy any amount now....all goes to NT

pre-open already

actually I've just ready an additional article about GATE and it looks like this is going to an affiliate of the Chinese entertainment market.........Gate says it will invest in the media and entertainment sectors, most likely theatre production and the music industry in either China or the UK. "The board intends to focus on businesses using technologies such as online social media, the internet and disruptive software development," according to a statement........huge money in China

what is the logic in continually buying at increased increments if the SP just plummets afterwards......there has to be something more substantial in the pipeline....in the article didn't it say that he had some HNW clients he could approach?

cheers you too.....I must admit I haven't seen a share behave quite like this before and I've been doing this for quite a bit of time. Could be exciting.

sorry not 1.265 average.....1.265 + commission / fees etc.

because I only put in £600 at 1.265 average, just in case it goes south